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Oil Review Middle East - Untitled Article

Oil Review Middle East

Global gas flaring at upstream oil and gas facilities has risen for a second year in a row, according to the World Bank’s annual Global Gas Flaring Tracker Flaring rose by 2% to 151 billion cubic meters (bcm) in 2024, the highest level in almost two decades. bcm of the additional gas flaring. The solutions exist.

BCM 95
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Valor | Energy Connection – June 16, 2025

Valor

Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% Operators receiving RRC emails must submit requested data, with training materials and compliance procedures available on the RRC website. Stay tuned for weekly updates to keep you well-informed.

Energy 52
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South Pars Gas Refinery Shows Strong Performance in 2024/25

Egypt Oil & Gas

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

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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

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

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Valor | Energy Connection – May 19, 2025

Valor

bcm, crude oil increased 1.5% Gasoline inventories fell by 1 million barrels, 3% below the five-year average, and refinery utilization rose to 90.2%. With oil production generating up to five barrels of wastewater per barrel of oil, the industry sees treatment as a solution to water shortages but demands legal certainty.

Energy 52
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Valor | Energy Connection – Apr. 14, 2025

Valor

Brent and WTI are forecast to average $63 and $59 per barrel for the rest of 2025, and $58 and $55 in 2026. The country’s gas exports are expected to increase from 146 bcm in 2023 to 293 bcm by 2030, and up to 438 bcm by 2050. billion barrels of produced water are generated annually in the Permian Basin alone.

BCM 52