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Russia sees its pipeline and LNG overseas deliveries surge from 146 billion cubic meters (bcm) in 2023 to 293 bcm in 2030, and further up to 438 bcm by 2050. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.
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% rigs dropped 4 to 559 (oil -9 to 442, gas +5 to 114), marking a 35-rig annual decline.
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. The post South Pars Gas Refinery Shows Strong Performance in 2024/25 first appeared on Egypt Oil & Gas.
Crude oil was up over $2 per barrel. One report is that if the 22 LNG terminals that have been approved for construction are built, their combined regasification capacity could reach 349 Bcm/y. (If If US LNG consumption grows 6% annually, consumption will total 46 Bcm/y by 2020.) MMBtu UP $0.17
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. And, of course, factor in recent news of heightened US sanctions on Russia's oil exports. Photo: Oil production site. Happy New Year dear readers. Full interview clip here ).
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. Oil rises as Iran talks stall Summary : Oil prices rose as Iran downplayed progress in nuclear talks, with Brent settling above $65 (up over 1%) and WTI topping $62. bcm, crude oil increased 1.5%
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. Goldman Sachs expects oil prices to decline through 2026 Summary : Goldman Sachs expects oil prices to decline through 2026 due to recession risks and rising OPEC+ supply. million bpd in 2026.
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