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Chevron starts oil production from Ballymore Project in Gulf of America

Oil & Gas 360º

(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders. Malo facilities.

Oil 130
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Supply Chain Report 2025: J+S Subsea case study

Offshore Energies UK

It aligns with the Offshore Energies UK (OEUK) Supply Chain Principles and the objectives of environmental, social, and governance (ESG) reporting. This is all the more important when operators have to meet tight deadlines and often with lower budgets and every additional barrel counts.

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J+S Subsea case study – Supply Chain Report 2025

Offshore Energies UK

It aligns with the Offshore Energies UK (OEUK) Supply Chain Principles and the objectives of environmental, social, and governance (ESG) reporting. This is all the more important when operators have to meet tight deadlines and often with lower budgets and every additional barrel counts.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

Energy 130
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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. TWh , the same as Q1 2024. TWh , the same as Q1 2024. TWh , the same as Q1 2024.

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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million barrels per day by 2030.

Gas 40
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The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. If investment does not increase, the world could face a serious oil supply crunch in the coming decades.