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How Likely is $100 Oil in 2025?

Rigzone

per barrel and the WTI spot price will average $65.22 per barrel in 2025. per barrel and the WTI spot price will average $65.22 per barrel in 2025. per barrel in the third quarter of this year and $64.02 per barrel in the third quarter and $60.02 per barrel in the fourth quarter of 2025.

Oil 83
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From West to East: Keyera Builds National NGL Corridor with Plains $5.15B Acquisition

Rextag

Earnings growth : Fee-based adjusted EBITDA is projected to grow by ~50% in the first full year , including C$100 million in near-term synergies from operational efficiencies and cost savings. Financial stability : The deal will be financed via a fully committed acquisition credit facility led by RBC and a C$1.8

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Equinor Q2 Profit Down YoY on Lower Liquids Prices

Rigzone

million barrels of oil equivalent a day (boed) in equity production in the April-June quarter, up two percent year-over-year. “New production from the Johan Castberg field reaching plateau and Halten East contributed. million barrels, up three percent year-on-year. billion, while finance debt accounted for $8.64

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DNO Signs Offtake Agreement to Supply Norwegian Gas to ENGIE

Rigzone

Related to the agreement, DNO said it has entered into an offtake financing facility with an undisclosed U.S. Under the facility, the bank finances DNO the value of up to 270 days of scheduled gas production based on future gas sales receivables. bank for up to $500 million.

Gas 62
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DNO Closes Acquisition of Sval Energi for $450MM

Rigzone

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. Its largest assets, measured by net 2P reserves, are Nova, Martin Linge, Kvitebjørn, Eldfisk, Maria, Symra and Ekofisk.

Energy 67
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U.S. shale producers unlikely to boost drilling despite Trump’s call

Oil & Gas 360º

a barrel, after an earlier rally faded. million barrels a day, more than Saudi Arabia and Iran combined, and companies in its shale basins have a unique ability to ramp up output quickly — within about 6 to 9 months — with the right oil-price incentive. Trump called to increase in U.S. West Texas Intermediate declined 4% at 12:47 p.m.

Basin 130
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Mexico Revises Oil Production Down

OilPrice

Mexicos finance ministry has revised the countrys crude oil production rate for the year by 129,000 bpd less than previously expected. Instead of 1.8 million bpdthe target set by President Claudia SheinbaumMexico is seen producing 1.762 million bpd, Reuters reported, citing the ministry.