Oil & Gas 360º

AUGUST 5, 2025

(Oil Price) – Over the past decade, scores of Big Oil companies have set up separate trading divisions that frequently rake in billions in profits that help pad their bottom lines whenever oil and gas prices fall. The French oil and gas giant also posted a mixed report , with Q2 revenue of $44.68B (-9.2%

Oil

Rigzone

JUNE 21, 2025

The EU proposed lowering the cap to $45 per barrel from the current $60, but oil's surge following Israel's attack on Iran has complicated efforts to find unanimity among the bloc's 27 members.

Abandonment

Rextag

APRIL 16, 2025

BP Targets 400,000 boe/d in Gulf with New Discovery BP has made a new oil discovery in the deepwater Gulf of America, signaling a renewed commitment to traditional energy resources as the company continues a high-profile strategic reset. The initial well and a sidetrack successfully encountered oil in high-quality Miocene-age reservoirs.

Oil

Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

Energy

Permian Basin Oil and Gas Magazine

MAY 12, 2025

This report will address some legal issues, a current CCUS project near Odessa, new technology to economically repurpose abandoned wells and formations, and a digital approach to unitizing and managing CCUS data, also with streamlining in mind. The mystery involves what exactly happens to that oil in the injection and storage process.

Casing

Rigzone

JULY 23, 2025

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Var Energi Makes Gas, Condensate Find Offshore Norway by Andreas Exarheas | Rigzone Staff | Wednesday, July 23, 2025 | 10:09 AM EST 'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said. Water depth at the site is 310 meters.

Gas Condensate

Rextag

JANUARY 21, 2025

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.

IT

Rextag

MARCH 3, 2025

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

Gas

Permian Basin Oil and Gas Magazine

MAY 1, 2025

Texas has the potential to unlock millions of barrels of safe, treated produced water, but we must diligently build the legal frameworks that incentivize operators to invest private capital in these initiatives. Sometimes these wells can be revitalized, using new techniques or technologies to extract more oil, stated a Senate progress report.

Abandonment

Oil & Gas 360º

MARCH 27, 2025

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. to become the worlds top oil producer, stealing market share from the Organization of the Petroleum Exporting Countries (OPEC) and other top producers.

Oil

OilPrice

MAY 15, 2025

Oil prices dipped by 4% early on Thursday after U.S. President Donald Trump said the United States were close to a nuclear deal with Iran, while a top Iranian officials hinted at Tehran abandoning uranium enrichment if the U.S. oil benchmark, WTI Crude, was down by 4.12% at $60.58 per barrel. per barrel.

Abandonment

Crude Oil Futures

MARCH 14, 2025

The International Energy Agency (IEA) has revised its 2025 crude oil demand forecast downward, presenting a challenging outlook for oil and gas investors amidst existing market pressures. This projection adds to the headwinds already impacting crude oil prices. However, the IEA also projects oil supply to reach 104.4

Crude Oil

Crude Oil Futures

MARCH 8, 2025

Despite President Trump's vocal "Drill, baby, drill" mantra, his push to boost crude oil supply has yet to fully take shape. Undeterred, he continues to press forward, shifting his focus toward pressuring oil producersparticularly in the Middle Eastto ramp up output until U.S. per barrel, respectively. Yielding to U.S.

Oil