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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas.

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Global upstream M&A plunges 34% in first half of 2025

Oil & Gas 360º

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Azule Energy starts production from Agogo FPSO

Oil & Gas Journal

Alex Procyk July 31, 2025 Photo from Yinson Holdings Berhad Azule Energy starts production from Agogo FPSO offshore Angola Key takeaways Azule Energy started production from the Agogo FPSO offshore Angola. The Agogo FPSO has a production capacity of 120,000 b/d of oil. The FPSO has a pilot CCUS unit to recover CO 2.

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Carnarvon Energy to identify exploration in Bedout sub-basin offshore Western Australia

Oil & Gas Journal

· Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. · Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. Alex Procyk July 25, 2025 2 min read Carnarvon Energy Ltd. Carnarvon Energy Ltd.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office.

Gas
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Chevron’s Permian production tops 1 million boe/d, executives shift focus to cash flow

Oil & Gas Journal

1, 2025 3 min read Key Highlights Chevrons Permian basin production exceeded 1 MMboe/d. Total global capex decreased by $500 million in first-half 2025, net production increased slightly to 3.4 Total global capex decreased by $500 million in first-half 2025, net production increased slightly to 3.4 Geert De Lombaerde Aug.

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Rystad Energy: Global FLNG capacity to more than triple by 2030

Oil & Gas Journal

Some are complex integrated producers with upstream components as part of the LNG infrastructure, while others simply liquefy pipeline-spec gas. The proposed US Delfin FLNG sits just above that average at $1,134/tonne, while Coral South FLNG in Mozambique, which is similar in scale, reports a comparable liquefaction cost of $1,062/tonne.