EIA reduces crude oil price forecast through end-2025 on lower …
Oct 8, 2024 · In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% to 11.3 million b/d.
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The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events ...
Gastech 2024: Natural gas, LNG positioned to address power …
Sep 19, 2024 · According to Shell's LNG Outlook 2024, demand for LNG is expected to rise to as much as 685 million tonnes/year by 2040, and natural gas and LNG could aid utilities worldwide in creating reliable ...
US rig count inches up, Canada rig count drops | Oil & Gas Journal
Oct 11, 2024 · The active rig count in the US was up a single unit to 586 for the week ended Oct. 11, according to Baker Hughes data. US oil-directed rigs increased by 2 units to 481 for the week, down 20 units ...
29th World Gas Conference (WGC2025) | Oil & Gas Journal
The World Gas Conference, conducted by the International Gas Union (IGU) since 1931, stands as the world’s premier event in the gas and energy industry.
Shell takes FID on additional Gulf of Mexico pipeline capacity
Oct 3, 2024 · The pipeline will bring additional capacity to Shell's Gulf of Mexico footprint and is expected to export 100% of the oil production from bp's recently sanctioned Kaskida project.
Chevron plans seismic program as operator of license offshore …
Sep 23, 2024 · Chevron Uruguay Exploration Ltd. expects to move forward with 3D seismic acquisition offshore Uruguay after farming into the license as operator.
Cheaper labor helps reduce pipeline construction costs
Oct 10, 2024 · Net income for major natural gas pipelines as a portion of gas-plant investment eased slightly to 4.5%. Net income as a portion of investment in oil pipeline carrier property grew to 14.2%, just ...
ADNOC Gas taps Worley for gas processing expansion project
Dec 5, 2024 · ADNOC Gas PLC let a contract to Worley Engineering to deliver front-end engineering and design services for the operator’s proposed plan to add natural gas processing capacity as part of its ...