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 ...
SOCAR taps Baker Hughes for Baku refinery flare-reduction project
Nov 15, 2024 · State Oil Co. of Azerbaijan Republic (SOCAR) has let a contract to Baker Hughes Co. to provide technology and equipment designed to reduce emissions from the operator’s 7-million tonne/year (tpy ...
EIA: India leads global oil consumption growth in 2024, 2025
Nov 13, 2024 · India has emerged as the top contributor to expected global oil consumption growth, accounting for 25% of the increase for 2024 and 2025, according to the US EIA’s latest Short-Term Energy Outlook..
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.
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 ...
Oil & Gas Journal's 2025 Forecast & Review Webcast
Join Conglin Xu, Managing Editor-Economics, for Oil & Gas Journal's 2025 Forecast & Review webcast, where you'll gain expert insights into global energy trends, OPEC+ strategies...
Rystad Energy: Cost of new upstream oil projects rises further
Oct 1, 2024 · The cost of developing new upstream oil projects is continuing to rise as inflationary pressure and supply chain woes endure, according to new research from Rystad Energy.
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 ...