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Oil and gas news worldwide By the end of the decade, companies are aiming to sanction nearly four times that amount — 31. 2 billion project cleared for takeoff to unlock more gas and LNG offshore Mozambique Aramco firms up 20-year LNG offtake deal with US player 1 day ago · Latest world news from the energy sector. Seroka on March Mar 1, 2024 · The monetization of these clusters with an estimated recovery of approximately 4 Tcf from BIGST and 260 Bcf from Tembakau Cluster will significantly boost gas supply to the Peninsular Malaysia hub. 40% during 2022 - 2027. World Energy News Home News. Energy Information Administration (EIA) said on Thursday as it lowered its oil Latest news on oil and gas industry, covering crude oil prices, natural gas markets, petroleum companies, energy production, OPEC decisions, and global supply chain Offshore Technology Focus is the essential reading material for decision-makers in the global offshore oil and gas industry, bringing you the latest news and analysis in an exciting, interactive format. Essential, accurate and reliable insight into the world of natural gas. 3 mb) as low refinery activity coincided with a rise in global oil demand. GE Oil and Gas . The awards span late-life asset management The leading platform on natural gas news, LNG News, decarbonisation news and analysis on natural gas matters. The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. “We’re moving from a time of energy scarcity to a time of energy abundance. 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The European Union (EU) is likely to relax its current gas storage refilling targets amid mounting concerns that the rules are distorting market dynamics and driving up prices, according to Klaus Müller, President of Germany’s Federal Network Agency (BNetzA). American Oil & Gas Reporter ⋅ 5. From surface and subsea drilling technologies to industrial power generation it seems that the only product the company doesn’t make is kitchen sinks. News Jan 8, 2025 · Upstream oil & gas regions 2025 outlook; Opinion 31 October 2024 Global upstream update: oil supply questions and portfolio resets; The Edge 5 September 2024 Three factors driving US liquids production to new heights; Opinion 22 April 2024 What's new in global upstream; Opinion 24 January 2024 Chesapeake-Southwestern Energy deal: ten key takeaways Nov 23, 2023 · The global oil and gas industry encompasses a large and diverse range of players – from small, specialised operators to huge national oil companies. Global News Facebook Pages Global News Twitter Accounts Global News Youtube Channel The Permian basin is synonymous with US oil and gas production, contributing to 46% of US crude oil production, 20% of US gross natural gas production, 51% of rig count activity, and nearly 40% of the total mergers and acquisitions deal value in the US upstream sector in 2024. 3 million bpd this year. Trump Admin Boosts Gulf Oil and Gas Reserves Estimate. 6 In fact, the basin’s oil production is growing at an annual 4 days ago · German regulator signals EU may ease gas storage mandates Monday 07 April 2025 09:15. Alberta oil well report updated after concerns raised over taxpayer backstop recommendation Global News 17:28 Fri, 04 Apr In Democratic New Mexico, Oil and Gas Legislation Doesn’t Pass Capital & Main 17:06 Fri, 04 Apr The new legislation "made several improvements that are important for foreign investors like us," BP CEO Murray Auchincloss told PTI in an interview. 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SHALE Magazine ⋅ 4. 4 mb/d in 2025, largely driven by strong non-OECD growth World Energy News Home News. Rigzone ⋅ 2. Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with 14% in 2023 and 21% in 2022. Oil & Gas Journal ⋅ 2. ROGTEC Magazine ⋅ 4. 5 days ago · US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4. 1 day ago · OPEC output hikes, trade wars have US oil producers wary of ‘drill baby drill’ April 11, 2025 6:22 AM *Oil at $55 a barrel, down from $78 before Trump inauguration *US oil rig count expected to drop if crude stays below $60 *Tariffs will hike costs for steel and oil-drilling gear By Arathy Somasekhar HOUSTON, April 11 Reuters) – President Donald Trump moved on his first day in office to Jul 5, 2021 · Companies in the oil and gas industry have used automation and data processing for decades. Here are the instructions how to enable JavaScript in your web browser. Apr 1, 2025 · You are now following Oil & Gas industry Updates from your News topics will appear in My News and in a collection on the News homepage . S. World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and Crude oil prices & gas price charts. 3 days ago · The leading global oil, gas and energy news resource. Oct 13, 2009 · 7. Trending News US axes Shell and BP’s licenses for cross-border gas fields Borr Drilling’s rig takes on 120-day oilfield revival job in West Africa $7. It projected global upstream investments to decline by 2 percent, plateauing after a period of robust growth. World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals 1 day ago · Oil & Gas News by RIGZONE - leading source of the latest news and insights for the oil & gas industry. Apr 4, 2025 · The leading global oil, gas and energy news resource. Although IOC and NOC budgets have steadily grown post-COVID, the investment pool is still limited compared to previous years. World's 10 largest oil and gas contractors. Industry & Analysis; Oil and Gas Prices; Canada; "These latest records further demonstrate Texas’s position as a global leader in oil and gas production,” said RRC Chairman Christi US Oil & Gas news - updated 24/7/365. 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The leading global oil, gas and energy news resource. The site features original reporting, research, and interviews by our journalists, analysts, and experts. Global oil and gas contract value remains stable despite volume decline in 4Q24, reveals GlobalData. com, your online source for breaking international news coverage. shale sector, in general The oil and gas industry grapple with adapting to cleaner energy demands amid geopolitical tensions, supply chain strains, and soaring prices. ca your source for the latest news on Alberta oil and gas . Find natural gas, emissions, and crude oil price changes. As nations grapple with the dual challenges of meeting burgeoning energy demands and transitioning towards sustainable sources, the exploration and development of shale reserves have emerged as key factors in reshaping energy policies and market dynamics. OGJ delivers international oil and gas industry news; analysis of issues and events Dec 29, 2023 · The landscape of global energy is undergoing a transformative shift, with shale oil and gas resources playing an increasingly pivotal role. ca is an energy news media service dedicated to providing information on the Canadian energy sector's latest news, technology, innovations, commentaries, events, data and press releases. World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and Apr 4, 2025 · Top 30 Oil And Gas Magazines ⋅ 1. Blog ⋅ 8. Dec 23, 2024 · In 2025, oil and gas producing countries will continue their intense competition to attract upstream dollars. 4 days ago · Missouri Loses Control Over 1. Attention often focuses on the role of the private sector majors, but they own less than 13% of global oil and gas production and reserves. 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