Wednesday, January 22, 2025

Oil Reserves News

What is known about Trump's Executive Orders after the swearing-in?

Donald Trump, the U.S. president, issued a series of executive orders on Monday to stamp his mark on his administration. These included directives on immigration and criminal pardons to energy.

What is known about Trump’s executive orders following his swearing-in?

Donald Trump, the U.S. president, began issuing what was expected to be an avalanche of executive orders and directions on Monday as he tried to stamp his mark on his new government…

What is known about Trump’s executive orders following his swearing-in?

Donald Trump, the U.S. president, said on Monday that he will issue what is expected be a flurry executive orders and directions as he seeks to stamp his new administration in matters…

What we know about Trump’s executive orders following his swearing-in

Donald Trump, the U.S. president, said on Monday that he will issue what is expected be a flurry executive orders and directions as he seeks to stamp his new administration in matters…

What we know about Trump’s executive orders following his swearing-in

Donald Trump, the U.S. president, said on Monday that he will issue a series of executive orders and instructions to stamp his mark on his administration. These directives and orders…

Nigerian oil reserves increase, production increases 26%, as theft declines

The industry regulator announced on Thursday that Nigeria's oil reserves will increase in 2024. Meanwhile, crude oil production will surge 26% from April 2023 to late 2024 due to a decline in theft.

Trump's nominee for Interior supports drilling on federal land

Doug Burgum, the nominee for Secretary of Interior by Donald Trump, will tell Congress during his nomination hearing Thursday that he is committed to maximizing energy production on America's public land and waters.

US offshore driller requests judge block insurers' demand for $250 million collateral

W&T Offshore is an independent driller in the U.S. Gulf of Mexico. It has asked a federal court to block the insurance companies' demand for $250 million additional collateral in…

US offshore driller requests judge block insurers' demand for $250 million collateral

W&T Offshore is an independent driller in the U.S. Gulf of Mexico. It has asked a federal court to block insurance company demands for additional collateral of $250 million for tearing down old oil infrastructure.

Nigeria seeks long-term buyers of new Utapate oil and aims to double production

Nigeria seeks long-term customers for the new crude oil grade Utapate, and aims to double its output from 40,000 barrels a day by 2025. The launch is part Nigeria's effort to boost its oil output…

Deep sea oil drilling drillers are now subject to new safety regulations in the US

The Bureau of Safety and Environmental Enforcement, or BSEE, released new rules on Tuesday for U.S. off-shore drillers. This is because breakthrough technology allows them to operate…

Vista Energy accelerates oil production in Argentina

Vista Energy's chief executive announced on Thursday that the company expects to reach a 100,000 barrels per day oil equivalent goal next year. This was originally set for 2026.

Document shows that Mexico's Pemex plans to increase its gas and oil reserves under Sheinbaum's presidency.

According to a document that was seen by us on Wednesday, the Mexican state oil company Pemex wants to increase its hydrocarbon reserve and make sure it is repaid during the tenure…

Petrobras' focus remains Brazil despite Africa plans, director says

Petrobras, the state-owned oil company in Brazil, has its main focus on its own country. Its director of exploration, production, said this Thursday. He added that Brazil remained a top priority…

Official: Argentina's energy subsidy cuts as government tackles fiscal deficit

Energy Secretary Eduardo Rodriguez Chirillo announced on Thursday that Argentina had reduced its energy subsides by $2.7 billion in the first seven month of the year, as part the…

Pampa Energia, Argentina raises over $400 mln for Vaca Muerta campaign

Pampa Energia, a natural gas producer in Argentina, announced a $410 million debt issuance on Friday. This demonstrates investor confidence as the company expands its operations in the Vaca Muerta shale in the country.

Key China Energy Indicators to Track for the Rest of 2024

© JEGAS RA / Adobe Stock

Slower consumption in China spurred the Organization of the Petroleum Exporting Countries (OPEC) to cut estimates for global oil demand growth this week, highlighting the vital…

Sources say that the incoming Mexican government wants to open Pemex up to oil partnerships.

According to four sources with knowledge of the situation, the incoming Mexican government will encourage the state oil company Pemex, to form equity partnerships with private oil firms…

Japan to Promote Gas, LNG, Hydrogen During G7 Presidency

Copyright Parradee/AdobeStock

Japan will stress the importance of investment in natural gas, liquefied natural gas as well as cleaner fuels such as hydrogen and ammonia during its presidency of the G7 this year…

Asian Countries Looking to Release Oil Reserves after U.S. Request

Credit: samarttiw/AdobeStock

The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated…

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.