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Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. million barrels per day (bpd), in 2023 to 540 million tons, or 10.8 million barrels per day (bpd), in 2023 to 540 million tons, or 10.8
The first South Pars Gas Refinery achieved strong operational performance during the Iranian year 1403 (March 2024 March 2025), producing over 10 billion cubic meters (bcm) of sweetened gas, according to a report by SHANA. In addition to sweetened gas, the refinery also produced over 7.26
June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted.
Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Crude oil was up over $2 per barrel. Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17 Bbl UP $2.22
May 19, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. bcm, crude oil increased 1.5% Read more Gas prices hit lowest inflation-adjusted levels in years Summary : U.S. gas prices rose 6.1 million tons, and coal climbed 3.8% to 389 million tons.
Oil trading began on a much firmer footing this month, with Brent capping the $80 per barrel mark for the first time in three months on January 10. Basically, the old continent will need to find around 15 bcm of natural gas from elsewhere, which it can but at a considerably higher cost. Happy New Year dear readers.
April 14, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Brent and WTI are forecast to average $63 and $59 per barrel for the rest of 2025, and $58 and $55 in 2026. billion barrels of produced water are generated annually in the Permian Basin alone.
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