Rigzone

JULY 31, 2025

The government has asked state-owned processors to prepare an outline of where alternate barrels can be sourced and at what volume if Russian flows get stopped, people familiar with the matter said, asking not to be named due to the sensitivity of the matter. analysts including Yulia Grigsby said in a note. India bought about 1.63

Petroleum

OilPrice

MARCH 12, 2025

Traders have booked more non-sanctioned tankers to deliver crude to India, while the price of Russias flagship Urals grade has dropped to below the $60 per barrel price cap by the G7, allowing shipments involving Western companies, Reuters reports, citing ship-tracking data and trading sources. sanctions on Russias oil trade.

Oil

OilPrice

MAY 21, 2025

million barrels per day (bpd) of crude oil from Russia in May, which would be a 10-month high, according to vessel-tracking data by Kpler. The strong Indian imports of ESPO crude are set to continue in June and July as refiners have booked more than 10 cargoes of the grade loading in June, traders told Reuters.

Oil

OilPrice

MARCH 24, 2025

per barrel, with West Texas Intermediate changing hands for $68.06 per barrel, after booking two consecutive weekly gains, fueled by U.S. At the time of writing, Brent crude was trading at $71.92 sanctions on Irans energy industry and OPEC+ efforts to bring production into the quota limits.

Oil

OilPrice

APRIL 29, 2025

PetroChina, the largest oil and gas producer in China, reported on Tuesday a net profit for the first quarter up by 2.3%, becoming the only state oil giant to book higher Q1 earnings compared to a year earlier. PetroChina booked a net profit of $6.4 per barrel in the first quarter, down by 7.2% billion (46.8

Oil

OilPrice

MARCH 27, 2025

CNOOC, which specializes in offshore oil and gas developments in China and internationally, booked a net profit of $19 billion (137.9 million barrels of oil equivalent (boe), up by 7.2% billion Chinese yuan) for 2024, up by 11.4% from a year earlier, as production hit another record high last year. compared to 2023.

Gas

Oil & Gas 360º

MAY 28, 2025

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. The high-volume, low-cost development offshore the South American country, which started production just five years ago, is already pumping more than 660,000 barrels per day (bpd) of crude. supermajor.

Barrel

OilPrice

APRIL 30, 2025

Petrobras booked a virtually flat crude oil production for the first quarter of the year, at 2.77 million barrels daily, down by 0.2% million barrels daily, Reuters reported, citing the companys first-quarter report. on the first quarter of 2024. It was up by 5.4%

Oil

OilPrice

MAY 7, 2025

The Canadian energy heavyweight booked a net profit of C$1.69 Suncor reported production of 853,000 barrels daily for the first quarter of the year, which was an all-time high for a first quarter. for the quarter, equal to some $1.23 billion, up significantly on a quarterly basis and also up on an annual basis.

Barrel

Oil & Gas 360º

MAY 9, 2025

The company booked adjusted earnings of US$1.58 The company booked adjusted earnings of US$1.58 Enbridge operates the Mainline system, moving more than 3 million barrels a day of crude oil and liquids from Western Canada to the demand markets in the United States. (Oil Price) –Canadas pipeline giant Enbridge Inc.

BCF

Oil & Gas 360º

MARCH 27, 2025

The book value of those assets was 1.7 In 2020-2021, global commodity traders Trafigura, Vitol and Mercantile joined Vostok oil, Rosnefts flagship project that is expected to produce up to 2 million barrels per day (bpd) by 2030, but left it after February 2022. billion euros ($1.87 billion) at the end of 2022. OMV paid 1.75

Energy

Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

The initial phase includes oil and gas production exceeding three billion barrels of oil equivalent, while the wider resource opportunity across the contract area is believed to include up to 20 billion barrels of oil equivalent. The project is expected to commence in 2025 and meets BP's investment returns criteria.

Field

Oil & Gas 360º

MARCH 31, 2025

The supermajor just announced the final investment decision on a Trinidad and Tobago gas project, due to start producing in two years with a peak output of 62,000 barrels of oil equivalent daily. It also got an approval from the Iraqi government to start the development of two oil fields in the north. BP is very much back.

Oil

Oil & Gas 360º

APRIL 15, 2025

Amplify standalone hedge book: 2025 2026 2027 Natural Gas Swaps: Average Monthly Volume (MMBtu) 585,000 500,000 137,500 Weighted Average Fixed Price ($) $ 3.75 $ 3.79 $ 4.01 Juniper standalone hedge book: 2025 2026 2027 Oil Swaps: Average Monthly Volume (Bbls) 68,750 38,500 Weighted Average Fixed Price ($) $ 71.83 $ 66.79

Energy

Exprodat

JUNE 5, 2025

The latest version introduces several major upgrades across key workflows, led by enhancements to the popular Create Gun Barrel Plot tool. With these upgrades, Unconventionals Analyst now offers the most comprehensive gun barrel tool on the market. Book a demo with our team. Interested in seeing Unconventionals Analyst v3.3

Gas

Exprodat

JUNE 5, 2025

The latest version introduces several major upgrades across key workflows, led by enhancements to the popular Create Gun Barrel Plot tool. With these upgrades, Unconventionals Analyst now offers the most comprehensive gun barrel tool on the market. Book a demo with our team. Interested in seeing Unconventionals Analyst v3.3

Gas

Oil & Gas 360º

APRIL 23, 2025

Conventional / Mississippian Development Highlights Saturns 11-04 Frobisher Mississippian well at Browning in southeast Saskatchewan realized a record initial production rate after 30 days ( IP30 ) of approximately 340 barrels per day ( bbls/d ) based on a sample set of approximately 100 wells. GJ to $3.35/GJ.

Gas

CNBC: Energy

AUGUST 1, 2025

million barrels per day in the second quarter, the highest output since Exxon and Mobil merged more than 25 years ago. million barrels per day, the highest output for the second quarter since Exxon and Mobil merged more than 25 years ago. Its refining business booked earnings of $1.37 billion, or $1.64 The oil major pumped 4.6

Oil

Rextag

JANUARY 9, 2025

30 earnings release, Shell revealed plans to book a noncash post-tax impairment of $1.5 ADJUSTED PRODUCTION AND VOLUME FORECASTS Shell also reduced its integrated gas production outlook for the fourth quarter to 880,000 and 920,000 oil-equivalent daily barrels, citing scheduled maintenance at a Qatar-based facility. million barrels.

Energy

Oil & Gas 360º

MARCH 10, 2025

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.

Exploration and Production

Rextag

FEBRUARY 13, 2025

a $200 million profit in 3Q) after booking $1.5 Focused capital on high-return hydrocarbon ventures such as Kaskida in the Gulf of America (aiming for 80,000 barrels of oil per day by 2029) and Tangguh UCC in Indonesia (the countrys first at-scale enhanced gas recovery with CCUS). Cash Flow from Operations 4Q 2024 : $7.43

Gas

Energy Transfer

DECEMBER 23, 2024

2024 is almost in the books! The joint venture operates more than 5,000 miles of crude oil and water gathering pipelines with crude oil storage capacity in excess of 11 million barrels. As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024.

Crude Oil

OilPrice

MARCH 10, 2025

per barrel and West Texas Intermediate was changing hands for $66.64 a barrel, with the Brent benchmark booking a string of three consecutive weekly declines and WTI logging a much longer losing streak of seven weeks, according to Reuters. At the time of writing, Brent crude was trading at $69.97

Oil

OilPrice

APRIL 11, 2025

Crude oil prices were on track to book their second consecutive weekly loss as markets reel from Trumps tariff offensive, although they stabilized somewhat after the U.S. per barrel, with West Texas Intermediate at $59.74 per barrel. president announced a 90-day pause on the levies.

Oil

Oil & Gas 360º

JUNE 3, 2025

shale oil sector, as analysed in full in my latest book on the new global oil market order. shale oil producers had a breakeven price point of US$70 per barrel (pb) of for the West Texas Intermediate benchmark. However, the Kingdoms 2025 fiscal breakeven price per barrel of the Brent crude benchmark is a minimum of US$90.9,

Oil

CNBC: Energy

JUNE 5, 2025

The locations are usually booked out two to five years in advance, and the company has huge cancellation fees, Harrington noted. The company also said it saw a 13% increase in barrel of oil equivalent (BOE) production from the first quarter of 2024. But their dynamics are completely different," she said in April.

Exploration and Production

Rigzone

JUNE 17, 2025

to settle near $75 a barrel, the highest closing price since January. Navigation signals in the Strait of Hormuz and the Persian Gulf are facing increasing interference that’s affecting positional reporting, according to the UK Navy, and some shipowners are reluctant to accept bookings in the region, citing safety concerns.

Barrel