Oil Review Middle East

JUNE 30, 2025

But global energy demand is rising even faster, with total fossil fuel use growing by just over 1% and oil remaining the largest source of energy, accounting for 34% of total global demand. The USA is the world’s largest oil producer, accounting for 20% of global production in 2024. Global natural gas demand rose by 2.5%

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OilPrice

APRIL 14, 2025

Russia sees its pipeline and LNG overseas deliveries surge from 146 billion cubic meters (bcm) in 2023 to 293 bcm in 2030, and further up to 438 bcm by 2050. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050. million bpd, by 2050.

Natural Gas

Oil & Gas 360º

MARCH 24, 2025

(Oil Price) –Surging power demand in both developed and emerging economies accelerated global energy demand growth in 2024 to nearly twice the pace of recent years, the International Energy Agency (IEA) said on Monday. rise in global power consumption last year, the IEA said in its annual report Global Energy Review 2025.

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Oil & Gas 360º

MAY 6, 2025

OIL Unlike with gas, the EU has imposed sanctions on most Russian oil imports, with exceptions for Slovakia and Hungary. The EU will propose requirements for Slovakia and Hungary to produce national plans for how they will quit Russian oil by end-2027. The two countries still import more than 80% of their oil from Russia.

Gas

Oil & Gas 360º

MARCH 26, 2025

(Oil Price) –Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 It operates more than 250 city gas projects nationwide and has an annual LNG distribution capacity of over 10 billion cubic meters (bcm). billion (HK$90.50 ENN Natural Gas currently owns 34.28% in ENN Energy.

Natural Gas

Egypt Oil & Gas

APRIL 13, 2025

billion cubic meters (bcm) of natural gas to the industrial sector, including power plants, petrochemical units, steel producers, and cement factories, during the 18-day period from March 20 to April 7. bcm between March 20 and April 7, 2025up from 3.39 bcm during the same period last year.

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Egypt Oil & Gas

MARCH 24, 2025

Gas demand rose by 115 billion cubic meters (bcm), or 2.7%, compared with an average of around 75 bcm annually over the past decade, IEAs report showed. Meanwhile, oil demand witnessed slower growth, rising by 0.8%

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Egypt Oil & Gas

APRIL 10, 2025

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. The post South Pars Gas Refinery Shows Strong Performance in 2024/25 first appeared on Egypt Oil & Gas.

Refinery

Oil Review Middle East

MARCH 24, 2025

Global gas demand reached a new all-time high in 2024, while oil demand growth slowed markedly, according to the IEAs newly-released Global Energy Review 2025 Demand for all energy sources increased in 2024, as global energy demand rose by 2.2% The slowing growth in oil demand to 0.8%, compared to 1.9%

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The Energy Law

SEPTEMBER 6, 2007

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

Pipeline

Egypt Oil & Gas

MARCH 25, 2025

He elaborated that the company transported 64 billion cubic meters (bcm) of gas during 2024. The post GASCO Showcases Remarkable Achievements During 2024 first appeared on Egypt Oil & Gas. He highlighted that 1.9

Petroleum

Oilholics Synonymous Report

JANUARY 13, 2025

Oil trading began on a much firmer footing this month, with Brent capping the $80 per barrel mark for the first time in three months on January 10. And, of course, factor in recent news of heightened US sanctions on Russia's oil exports. Photo: Oil production site. Happy New Year dear readers. Full interview clip here ).

Oil

Valor

MAY 19, 2025

May 19, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil rises as Iran talks stall Summary : Oil prices rose as Iran downplayed progress in nuclear talks, with Brent settling above $65 (up over 1%) and WTI topping $62. bcm, crude oil increased 1.5%

Energy

Valor

APRIL 14, 2025

April 14, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Goldman Sachs expects oil prices to decline through 2026 Summary : Goldman Sachs expects oil prices to decline through 2026 due to recession risks and rising OPEC+ supply.

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