BOE Report

APRIL 25, 2025

Lyondell Basell Industries permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company’s chief executive during a Friday conference call. 7 the company completed the shutdown of the refinery. Reuters reported on Feb.

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Valor

JUNE 23, 2025

While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. resilience stems from shifting from importing 14 barrels per capita in 1977 to net exporting 2.5 Shale’s ability to add 4.2

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Energy Energy Barrel Oil 52

Valor

JUNE 16, 2025

Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. Stay tuned for weekly updates to keep you well-informed.

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Oilfield Technology

JUNE 27, 2025

Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. As fields age, they generate higher water to oil ratios.

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Midstream Exploration and Production BBL Operator 52

Rig Skills

MAY 25, 2020

DP -Drill pipe HWDP – Heavy weight drill pipe DC – Drill collar BOP – Blow out preventer TDS – Top drive system WOB -Weight on bit ROP – Rate of penetration GPM – Gallon per minutes SPP – stand pipe pressure VFD Variable frequency drive SCR -Silicon controlled rectifier AC -Alternating current DC – direct (..)

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Drilling rig Rig Operator HSE Shutdown 52

Iraq Business News: Oil & Gas

JUNE 21, 2025

CEO Jon Harris reported strong performance so far this year, with gross average production of approximately 44,900 barrels of oil per day (bopd) supported by steady local demand and optimisation efforts. The company paid a $25 million [approx. billion] interim dividend in April and remains debt-free with $100 million [approx.

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Shutdown Petroleum Field Pipeline 59

Adrian - Oil & Gas

DECEMBER 29, 2022

The Keystone 1 pipeline carries up to 720,000 barrels per day of tarsands from Alberta, Canada to refineries in Texas and Illinois.) An emergency shutdown and response was initiated at about 9 p.m. Obama and Pres. TC Energy oil spill PR oil discharge 12-9-22 (Photo: U.S. CT on Dec.

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Pipeline Shutdown Downstream Mechanic 52

Iraq Business News: Oil & Gas

MARCH 20, 2025

bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl, with prices stabilising in a range of c.$27-$28/bbl 27-$28/bbl in H2 2024 2025 year to date (to 18 March 2025) gross average production of c.46,400 million in 2024 (2023: $50.1 bbl (2023: $40.9/bbl)

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BBL Exploration and Production Operator Pipeline 64

Oil & Gas 360º

JUNE 4, 2025

The eight members of OPEC+ that were keeping their production of crude oil under restraints agreed on Saturday to add another 411,000 barrels daily to their combined total in July after making identical agreements for May and June. million barrels daily from 24.85 million barrels daily. That speculation had weakened prices.

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Oil Barrel Crude Oil Shutdown 130

Oil & Gas 360º

MARCH 17, 2025

million barrels daily, which would solidify the countrys status as top global producerand a major reason for the weakness in oil prices. In the latest update from the cartel, Kazakhstan was the main overproducer, with an average daily rate of 1.767 million barrels in February versus a quota of 1.468 million barrels daily.

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Barrel Oil Shutdown Refinery 130

Valor

MARCH 17, 2025

Summary : The IEA reports that global crude supply is exceeding demand by 600,000 bpd, pushing oil prices toward the $60-$80 per barrel range, with U.S. refinery shutdowns of 400,000 bpd are contributing to the surplus. per barrel and Brent crude rising 1% to $71.30 per barrel. million bpd in 2025.

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Energy Energy Barrel Oil 52

Oil & Gas 360º

MARCH 26, 2025

a barrel by 10:42 a.m. million barrels to 433.6 million barrels in the week ended March 21, the EIA said, a deeper draw than the 956,000 barrels that analysts had expected in a Reuters poll. million barrels to 433.6 Brent crude futures gained 88 cents, or 1.21%, to $73.90 Crude inventories fellby 3.3

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