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 […]
Federal Oil and Natural Gas Leasing Revenue Reaches Nearly $8.5 Billion in 2023
Federal Oil & Natural Gas Leasing Revenue Tops Nearly $8.5 Billion in 2023 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497 billion in 2023, according to a new Congressional Research Service (CRS) report. In fact, oil and natural gas leasing represents a whopping 93 percent of the total federal revenue […]
U.S. Upstream Oil and Gas: Dealmaking Reaches $105 Billion in 2024 – Insights and Data
U.S. Upstream Oil and Gas: Dealmaking Hits $105 Billion in 2024 – News and Statistics Jan 29, 2025 The U.S. upstream oil and gas sector witnessed remarkable dealmaking activities amounting to $105 billion in 2024, ranking as the third highest annual total recorded. According to a report by consultancy Enverus, the industry’s momentum decelerated in […]