Oil and Gas Production Reaches Lowest Level in Two Decades
Oil and gas output hits 20-year low KARACHI: Amid renewed hopes of US investment in Pakistan’s oil sector, spurred by recent tweets from former US President Donald Trump hinting at greater American involvement in local exploration and implying potential crude supply to India, Pakistan has recorded its weakest oil and gas production in more than […]
How Magnolia’s Increased Production Forecast and Capital Returns Could Influence the MGY Investment Story
How Magnolia’s Upward Production Guidance and Capital Returns Could Shape the MGY Investment Narrative Magnolia Oil & Gas recently raised its full-year 2025 production growth guidance to approximately 10% and reported increased oil, natural gas, and NGL production volumes for the second quarter and first half of the year compared to the prior period. Despite […]
Aramco’s Oil and Gas Production in Q2: Key Figures Revealed
How Much Oil and Gas Did Aramco Produce in 2Q? Saudi Aramco has revealed its latest production figures in its second quarter and half year results statement, which was posted on the company’s website on Tuesday. According to the statement, Aramco’s total hydrocarbon production came in at 12.780 million barrels of oil equivalent per day […]
Norway Plans to Increase Oil and Gas Production from Troll-Fram Field
Norway to extract more oil and gas from Troll-Fram Fram Sør’s CO₂ intensity will be only 0.5 kg per barrel, compared to 16 kg for the industrial average. Norwegian energy giant Equinor and its partners announced a multibillion-dollar investment to boost oil and gas production in the North Sea for European markets through the development […]
Tethys Petroleum Q1 Earnings: Revenue Soars 104% Amid Production Challenges
Tethys Petroleum Q1 Earnings: Revenue Surges 104% Despite Production Hurdles Grand Cayman, Cayman Islands–(Newsfile Corp. – May 29, 2025) – Tethys Petroleum Limited (TSXV: TPL) (“Tethys” or the “Company”) today announced that it has filed its interim results for the three months ended March 31, 2025 with the Canadian securities regulatory authorities comprising its Audited […]
Santa Barbara County Supervisors Decide to Gradually Eliminate Oil and Gas Production
Santa Barbara County Supervisors Vote to Phase Out Oil & Gas Production SANTA MARIA, Calif. – The oil industry has shaped Santa Barbara county’s history, but it’s not likely to be a big part of it’s future. County supervisors voted to move away from fossil fuels. At the end of the day, the Board of […]
Saturn Oil & Gas Reports Record Production and Financial Gains in Q1 2025
Saturn Oil & Gas Achieves Record Production and Financial Growth in Q1 2025 An update from Saturn Oil & Gas ( (TSE:SOIL) ) is now available. Saturn Oil & Gas Inc. reported record production and adjusted funds flow for the first quarter of 2025, with production reaching 41,680 boe/d and adjusted funds flow totaling $131.1 […]
Republican Budget Bill Increases Oil and Gas Production, Eliminates Environmental Review | National
Republican budget bill boosts oil and gas production, scraps environmental review | National (The Center Square) – Republicans are using the budget reconciliation process to push through sweeping energy reforms despite Democratic opposition, including boosting oil and gas drilling on federal lands. During a bill markup Tuesday, the House Committee on Natural Resources outlined its […]
U.S. Oil Prices Plunge as OPEC+ Decides to Boost Production in June
U.S. oil prices tumble after OPEC+ agrees to surge production in June Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or […]
Private Companies Achieve Major Success in New Exploration & Production Round, Energy News, ET EnergyWorld
Private players win big in new E&P round, Energy News, ET EnergyWorld New Delhi: For both public and private players in the oil and gas exploration and production (E&P) business, April 15, 2024, could well go down as a new dawn for the sector. As Hardeep Singh Puri, Minister of Petroleum and Natural Gas, argued: […]