Oil & Gas 360º

MAY 14, 2025

per gallon if two major refineries are allowed to shut down as planned. His research identified structural factors and policy-driven costs as the primary reasons California gasoline prices are consistently the highest in the nation not oil company profiteering. These numbers assume stable crude oil prices.

Refinery

Oil & Gas 360º

JULY 11, 2025

(Oil Price) – After two years of playing the role of OPEC+ model citizen, Saudi Arabia has decided it’s time to loosen the tie—at least according to the IEA. According to the International Energy Agency, the Kingdom overshot its June production quota by a whopping 700,000 barrels per day, pumping 9.8

Refinery

Oil & Gas 360º

MARCH 18, 2025

(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Gyrgy Bacsa, COO of MOL Hungary.

Field

PetroSync

APRIL 29, 2025

From the gasoline that powers our cars to the asphalt beneath our feet, oil refineries transform raw crude oil into countless products that fuel modern life. While we may often take these conveniences for granted, the intricate operations inside refineries are a testament to human engineering and innovation.

Refinery

Oil & Gas 360º

APRIL 25, 2025

refineries typically undergo seasonal maintenance and turnaround activities in preparation for the summer driving season, when fuel demand significantly increases. However, this scheduled downtime temporarily reduces refinery utilization and the ability to capture revenue from margins, often impacting quarterly performance.

Refinery

Oil & Gas 360º

APRIL 3, 2025

and previously led Shell Nigeria Exploration and Production Co. His five-year tenure coincided with a dramatic downturn in production, with Nigerias output of almost 2 million barrels per day dropping to almost half that amount as oil majors exited onshore wells plagued by persistent security issues.

Oil

Aresco

MARCH 13, 2025

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.

Gas

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

Downstream

Nestoil

SEPTEMBER 4, 2024

For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

Gas

Egypt Oil & Gas

MARCH 13, 2025

Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.

Exploration and Production

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen?

Oil

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3

Basin

OilPrice

APRIL 15, 2025

crude oil for the first time to seek a reduction of its trade surplus with America and avoid one of the highest tariffs currently paused on its goods sold in the United States. Crude oil is one of the products that Pakistan is actively exploring to buy from the U.S.

Crude Oil

Oil & Gas 360º

MAY 1, 2025

Brent crude futures fell 18 cents or 0.2% “Crude remains in the crosshairs of lower prices near term as OPEC+ is signaling production, which will likely get approval at next weeks OPEC meeting,” said Dennis Kissler, senior vice president of trading at BOK Financial. crude oil stockpiles fell unexpectedly by 2.7

Oil

Oil & Gas 360º

APRIL 30, 2025

Despite the headwinds, Auchincloss highlighted BPs highest upstream operating efficiency in the history of the business, which included the best refinery availability in more than 20 years. That impacts supply, so were just cautiously moving forward.

Oil

Aresco

NOVEMBER 7, 2024

As the transition period unfolds, industry leaders are preparing for a pro-energy administration that prioritizes domestic production, balanced regulation, and strategic infrastructure investments. crude oil production became number one in the world , surpassing Saudi Arabia and Russia. In 2018, U.S. In 2018, U.S.

Exploration and Production