Oil Production News Monitoring

Exclusive-Heavy rains to hit Malaysian palm oil output again in December, says MPOB

By Ashley Tang and Rajendra Jadhav KUALA LUMPUR/MUMBAI (Reuters) - Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest producer of the …

Nigeria Retains Africa’s Top Oil Producer Spot Amid OPEC Output Increase

New Jersey, home to many oil and gas producers, eyes fees to fight climate change

TRENTON, N.J. (AP) — It's not an accident that “The Sopranos,” the quintessential show about New Jersey, opens with its main character driving past gasoline and oil storage tanks along the New Jersey Turnpike. From the outskirts of New York to the …

Olive Oil Production In Jordan Increases 40.2% - Dos

(MENAFN- Jordan Times) AMMAN - Olive oil production in Jordan has increased "significantly" during the first two months of the 2024 harvest season, rising by 40.2 per cent compared to the same period last year, the Department of Statistics (DoS) …

ExxonMobil to increase oil and gas output by 18% by 2030

ExxonMobil has announced plans to increase its oil and gas output by 18% by 2030, with a focus on expanding its operations in the US and Guyana. The plan includes raising annual project spending to between $28bn and $33bn from 2026 to 2030, according to a …

Exxon sets 5-year plan to boost oil and gas output by 18%

HOUSTON, (Reuters) – Exxon Mobil XOM.N today said its annual project spending will rise to between US$28 billion and US$33 billion between 2026 and 2030, with a goal of lifting oil and gas output by 18%. The top U.S. oil producer laid out a five-year plan …

Exxon sets plan to boost oil and gas output by 18%

HOUSTON, Dec 11 (Reuters) - Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks to boost its oil and gas output by 18%. This follows its acquisition of U.S. shale …

ONGC oil output bucks trend after 8 years of decline

Research & Commentary: New EPA Data Show 44 Percent Drop in Methane Emissions to Go Along with Record Oil and Gas ...

New data released by the U.S. Environmental Protection Agency (EPA) shows that methane emissions at the nation’s largest oil and gas-producing basins are continuing to fall significantly, even with record-setting production. EPA has made available the 2023 …

Don’t expect huge jump in oil production — even if Trump slashes regulations: economist

Even if President-elect Donald Trump makes good on his promise to increase domestic oil production by slashing regulations and boosting new leases on federal land, a New Mexico state economist says that won’t necessarily mean a huge increase in production …

Security task force gives reason for rise in Nigeria’s oil production

John Okeke, commander of the Joint Task Force (JTF) in Niger Delta on Thursday attributed the rise in oil output from 1.2 million barrels per day (mbpd) in January to 1.84 mbpd currently to the outcome of intensified battle against oil theft. The News …

ONGC oil output bucks the trend after 8 years of decline

As a Major California Oil Producer Eyes Carbon Storage, Thousands of Idle Wells Await Cleanup

At the start of 2020, California Resources Corp., one of the state’s largest oil and gas producers, was in financial trouble. The firm’s stock price had plunged, and its credit rating was in junk bond territory. Then the pandemic struck, roiling …

Oil and gas production narratives in Colombia and Nigeria after the Paris Agreement

Introduction Reaching global climate goals requires a fundamental transformation of energy systems that still rely heavily on burning fossil fuels. Scientists have calculated that to meet climate goals, fossil fuel production must decrease by roughly 6% …

Nigeria retains top spot as Africa’s biggest oil producer

The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa. OPEC, in its latest monthly report on Wednesday for the month of November, said Nigeria’s oil output …

1 FTSE 100 stock I’ll avoid like the plague in 2025!

The FTSE 100 collection of stocks is loaded with excellent investment opportunities. I myself own several of the index’s blue chips including Legal & General, Diageo, and Aviva. But there are certain Footsie shares I’m avoiding at all costs. I’m …

From gasoline to plastic: The oil companies’ business strategy that blocks environmental treaties

It was a dark night in the South Korean city of Busan. After a week of negotiations, on Sunday, December 1, what had been intuited for days was already clear: the meeting was going to close without the expected international treaty against plastic …

‘Amazon of the Seas’ Threatened by Oil and Gas Developments

Last year, in late February, an oil tanker named the Princess Empress sank off the east coast of Mindoro Island in the Philippines. Up to 200,00 gallons of thick black industrial oil poured into the Philippine Sea’s crystalline waters, contaminating coral …

Jordan flags lack of measures by Gov’t to cushion economy from low oil prices expected next year

Dec 14, 2024 News Kaieteur News- Former Minister of Finance, Winston Jordan has flagged the lack of measures by government to cushion the economy from the drop in oil prices predicted for next year. During a recent programme, Jordan argued that the Natural …

Batteryless Storage Solutions Market to Grow at a 29.6% CAGR, Surpassing US$ 9.2 Bn by 2034

The global batteryless storage solutions market, valued at $540 million in 2023, is projected to grow at a 29.6% CAGR, reaching $9.2 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global batteryless …

Advanced Wind Turbine Blade Materials Market to Reach US$ 9.8 Bn by 2034, Expanding at a 6.3% CAGR

The global advanced wind turbine blade materials market, valued at $5.0 billion in 2023, is projected to grow at a 6.3% CAGR, reaching $9.8 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

Paper-based Biofuel Cell Market Forecast: From US$ 300.0 Mn in 2023 to US$ 580.0 Mn by 2034

The global paper-based biofuel cell market, valued at $300 million in 2023, is projected to grow at a 6.3% CAGR, reaching $580 million by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global paper-based biofuel …

Floating Wind Turbines Market Trends: Valued at US$ 4.9 Bn in 2023, Projected to Reach US$ 83.4 Bn by 2034

The global floating wind turbines market, valued at $4.9 billion in 2023, is projected to grow at a 29.4% CAGR, reaching $83.4 billion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global floating wind …

Smart Bins for Waste Management Market Forecast: From US$ 75.3 Mn in 2023 to US$ 292.4 Mn by 2034

The global smart bins for waste management market, valued at $75.3 million in 2023, is projected to grow at a 13.1% CAGR, reaching $292.4 million by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global smart …

Solar Panel Operation & Maintenance Market Set to Achieve US$ 16.4 Bn by 2034, Growing at a 10.1% CAGR

The global solar panel operation & maintenance market, valued at $5.7 billion in 2023, is projected to grow at a 10.1% CAGR, reaching $16.4 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global …

SEAPEAK LLC DECLARES DISTRIBUTIONS ON SERIES A AND B PREFERRED UNITS

HAMILTON, BERMUDA, December 13, 2024 /⁨EINPresswire.com⁩/ -- Seapeak LLC (Seapeak or the Company) has declared cash distributions of $0.5625 per unit on the Company’s Series A preferred units (NYSE:SEAL PR A) and $0.5313 per unit on the Company’s …

Teflon Heat Exchanger Market Expected to Grow at a 7.7% CAGR, Reaching US$ 2.5 Bn by 2034

The global Teflon heat exchanger market, valued at $1.1 billion in 2023, is expected to grow at a 7.7% CAGR, reaching $2.5 billion by 2034 WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global Teflon heat exchanger …

Alternative Energy Market Projected to Reach US$ 3.4 Trn by 2034, Growing at a 12.4% CAGR

The global alternative energy market, valued at $940.4 billion in 2023, is projected to grow at a 12.4% CAGR, reaching $3.4 trillion by 2034. WILMINGTON, DE, UNITED STATES, December 14, 2024 /⁨EINPresswire.com⁩/ -- The global alternative energy …

8 Trends Influencing U.S. Freight Railroading In 2025

Consumer confidence, energy pricing & deregulation, among other factors, provide a favorable environment for short-term growth and long-term industry planning MARLTON, NJ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- According to …

Smart Society Ventures Releases Whitepaper on Decentralized Energy and Grid Technology

GENEVA, SWITZERLAND, December 13, 2024 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV) is proud to announce the release of its latest whitepaper, “Building a Smart Society: Decentralized Energy and the Grid Tech to Power It.” This …

Worry Free Davis Bacon Isssues for Construction Companies Doing Business with the Federal Government

Tax Incentives SCOTTSDALE, AZ, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Making sure that every employee receives the prevailing wage on a government construction job may sound easy if the company has 2 or 3 employees. Add in 15 …

Arden Nights 2024: How Music and Evertreen’s Tree-Planting Initiative Transformed Nepal’s Ecosystems

LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Evertreen, the platform that makes it easy to plant real trees online, is thrilled to look back on the success of its partnership with Arden Records during Arden Nights 2024. …

Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida

SÃO PAULO, SÃO PAULO, BRAZIL, December 13, 2024 /⁨EINPresswire.com⁩/ -- Surpreenda neste Natal com as Estações de Energia Portátil BLUETTI para Todos os Estilos de Vida A contagem regressiva para o Natal já começou, e esta é a época perfeita …

LOBO Systems: A 2025 Revolution in Safe and Cost-Effective Work Platforms

DERBY, DERBYSHIRE, UNITED KINGDOM, December 13, 2024 /⁨EINPresswire.com⁩/ -- As industries strive for greater efficiency and safety in the face of rising costs and tighter schedules, LOBO Systems offers a timely alternative to traditional …

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

CE-LINK Launches 3000W Portable Power Station Solution for Electric Vehicle Charging

DONGGUAN, CHINA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In recent years, the electric vehicle market has been growing rapidly as the global awareness of green mobility increases. However, the construction of charging infrastructure has not been …

Belgian software company Itineris accelerates expansion in the U.S.

3 contracts signed, including one with the City of Dallas, the ninth largest city in the country. BELGIUM, December 13, 2024 /⁨EINPresswire.com⁩/ -- Ghent, Belgium & Atlanta, U.S. – Itineris, a global leader in innovative SaaS solutions for …

Solar Alliance shareholders approve all resolutions at Annual General Meeting

TORONTO and KNOXVILLE, Tenn., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to …

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans

Econnex is on the mission to #GiftAGrin by offering up to a $200 Gift Card on switching energy plans. SYDNEY, AUSTRALIA, December 13, 2024 /⁨EINPresswire.com⁩/ -- In the spirit of giving, Econnex has announced that it is on the mission to # …