Reporting Oil and Gas

NOVEMBER 28, 2023

percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields.

Crude Oil 52

Crude Oil Oil Field Petroleum 52

Oil & Gas 360º

MAY 12, 2025

Washington has imposed sanctions on Venezuelan energy exports since 2019 to reduce the oil export revenue that funds the government of President Nicolas Maduro, who has held power for more than a decade with elections that observers say were fraudulent. Mixed bitumen, or bitumen blend, is a tar-like residue for processing into asphalt.

Oil 130

Oil Crude Oil Finance Government 130

Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Oil & Gas 360º

MARCH 18, 2025

(BOE Report) – Kazakhstans energy minister will stand down from his role, the countrys presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower production that exceeds OPEC+ targets. Its OPEC+ quota is 1.468 million bpd.

Oil 130

Oil Energy Energy Field 130

Oil & Gas 360º

JUNE 19, 2025

His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. from 2018-2024.

Energy 130

Energy Energy Exploration and Production E&P 130

Oil & Gas 360º

MAY 7, 2025

Kazakhstan, the largest over-producer in recent months, may be forced to make additional withdrawals from its oil fund by the fall to cover planned government spending amid lower prices, Halyk Financesaidin a research note. billion expansion of the Chevron-led Tengiz oil field is due to become fully operational this quarter.

Mechanic 130

Mechanic Oil Finance Petroleum 130

Oil & Gas 360º

MAY 8, 2025

Chief Executive Officer Mike Wirth told analysts that his company had received no instructions from the government to rein in its massive Tengiz oil project, which is largely responsible for a recent surge in Kazakhstans production. Italys Eni SpA has made similar comments about the giant Kashagan oil field.

IT 130

IT Condensate Oil Barrel 130

Oil & Gas 360º

MARCH 27, 2025

Western companies have either sold or ceded energy assets to Russian firms and European governments have taken over units of Russian energy firms, while Moscow has taken retaliatory measures against Western companies with units in Russia. The company was renamed Sefe (Securing Energy for Europe), and the German government injected 6.3

Energy 130

Energy Energy Oil Gas 130

Oil & Gas 360º

MARCH 31, 2025

The supermajor just announced the final investment decision on a Trinidad and Tobago gas project, due to start producing in two years with a peak output of 62,000 barrels of oil equivalent daily. It also got an approval from the Iraqi government to start the development of two oil fields in the north.

Oil 130

Oil Field Gas Natural Gas 130

Iraq Business News: Oil & Gas

MAY 20, 2025

The Kurdistan Regional Government (KRG) and Iraq's federal government have entered into a new dispute over the legitimacy of two major energy agreements signed with American companies. HKN Energy, in partnership with ONEX Group , announced the formation of a joint venture called Miran Energy to develop the Miran gas field.

Energy 64

Energy Energy Government Natural Gas 64

Egypt Oil & Gas

MARCH 24, 2025

aiming to save 1.285 million barrels of crude oil equivalent (mmboe) by the end of the seventh development program (2028). Hosseinzadeh noted that this plan will be achieved without using any government funds, relying solely on private sector participation, including petrochemical, steel, cement, and other industry investors.

Crude Oil 52

Crude Oil Transportation Field Barrel 52

Oil & Gas 360º

JUNE 5, 2025

The Permian basin has become one of the most productive oil fields in the world, Fig. In fact, if the Lone Star State were its own country, we would be the world’s third-largest producer of natural gas and fourth-largest producer of oil.

Oil 130

Oil Natural Gas Hydraulic Fracturing Gas 130

Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

Iraq Business News: Oil & Gas

APRIL 2, 2025

Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A

Royalty 45

Royalty BBL Exploration and Production Government 45

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 52

Oil Royalty Exploration and Production Government 52

Oil & Gas 360º

APRIL 1, 2025

The acquisition further consolidates assets in core counties in the CBP defined by shallow declines, high margin production and undeveloped inventory that immediately competes for capital, and provide for near-term opportunities for field level synergies and cost savings.

Basin 130

Basin Energy Energy Exploration and Production 130

The Energy Law

OCTOBER 16, 2014

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

Crude Oil 40

Crude Oil Transportation Government Casing 40

Crude Oil Futures

DECEMBER 5, 2024

It became a playing field for numerous actors on his watch to sow seeds of individual vested interests, in the aftermath of civil unrest that followed the Arab Spring. The US, Iran, Russia and Turkey are all in it, vying for holding on to their own sphere of influence.

Management 52

Management IT Field Government 52

Oil & Gas 360º

APRIL 23, 2025

Historically, the economics of such projects could not compete for capital relative to new drills, however, with the recent introduction of the Low Productivity and Reactivation Oil Well Program ( LPRP ) by the Government of Saskatchewan, the economics for well re-entries are more compelling.

Gas 100

Gas Oil Exploration and Production BBL 100

Rextag

FEBRUARY 24, 2025

Oil and Gas Basins: Growth, Challenges, and 2025 Outlook Permian Basin (Texas & New Mexico) The Undisputed Leader 2023-2024 Overview The Permian Basin has remained the most important oil-producing region in the United States, supplying nearly 46% of the nations crude oil output in 2024. crude oil investments.

Basin 40

Basin Oil Gas Exploration and Production 40

The Energy Law

JUNE 13, 2017

A tug owned by Marquette collided with an oil-carrying barge owned by Settoon as the Marquette tug attempted to overtake the Settoon flotilla. As a result of the collision, approximately 750 barrels of light crude oil discharged into the river. Following the spill, the U.S.

Oil 40

Oil Crude Oil Education Petroleum 40

The Energy Law

APRIL 5, 2018

The ATHOS I was contracted to deliver crude oil from Venezuela to a syndicate of CITGO interests, collectively referred to as “CARCO.” The allision resulted in a spill of approximately 264,000 gallons of crude oil into the Delaware River. As the designated responsible party under the Oil Pollution Act (“OPA”), 33 U.S.C.

Casing 40

Casing IT E&A Oil 40

Energy Outlook Advisors

MAY 14, 2025

The Objective of Market Management: Historical Evidence It was the discovery of a process to extract Kerosene from crude oil that made oil commercially valuable in 1859. It replaced whale oil that was widely used for illumination; an action that almost led to whale extinction. They were managing the market!

Exploration and Production 158

Exploration and Production Management Oil Government 158

Oil & Gas 360º

MAY 9, 2025

Over 80% of the world’s oil is produced by governments or by companies dominated by governments, which dominate international industry. These surveys compile break-even WTI prices corresponding to their operating costs for several different field areas. This is not the price paid an operator in the field.

Oil 130

Oil Barrel Field Government 130

Valor

FEBRUARY 3, 2025

Read more Judge blocks major North Sea oil and gas projects in victory for activists Summary : A UK judge temporarily halted a major oil and gas development in the North Sea, ruling that the government’s environmental impact assessment was insufficient.

Energy 52

Energy Energy Royalty Basin 52

Crude Oil Futures

APRIL 2, 2025

Dubbed "Liberation Day," the announcement introduced unprecedented reciprocal tariffs on imports from nearly every country, aimed at leveling the playing field for American exports. The tariff structure is as follows: a baseline 10% tariff applies to all imports into the U.S., with higher rates for key trading partners.

Crude Oil 49

Crude Oil Manufacturing Field IT 49

Oil & Gas 360º

MARCH 10, 2025

President Donald Trumps first 47 days in office have been marked by a rapid overhaul of government and policy, including mass layoffs and the reversal of many of the policies of the previous administration. oil and gas output – already at record levels before he took power. . Its the opposite of what the president wants.”

Oil 130

Oil Barrel Natural Gas Energy 130