4 days ago · Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments.

Feb 25, 2025 · Global demand for liquefied natural gas (LNG) is projected to increase by around 60% by 2040, driven by economic expansion in Asia, emissions reduction efforts in heavy industry and transportation ...

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 ...

Feb 13, 2025 · The forecast for global oil demand growth in 2025 has been raised to 1.1 million b/d, higher than the 1.05 million b/d forecast in January, due to a minor pickup in GDP growth and lower oil prices.

Jan 9, 2025 · Low-carbon activity investment . Despite environmental, social, and governance (ESG) considerations coming under scrutiny, Morningstar believes that the midstream sector will increase investment ...

Jan 2, 2025 · LNG. The global LNG market is set to undergo substantial transformation in 2025 following 2 years of modest growth, with total trade increasing by just 10 million tonnes (3%) compared to 2022 ...

Jan 6, 2025 · Growth prospects vary widely by region. In the US, GDP growth is expected to be 2.8% in 2025, slowing to 2.4% in 2026. In the euro region, growth is driven by recovering household incomes, tight ...

Feb 21, 2025 · Other interest holders in the Ursa TLP are BP Exploration & Production Inc. (22.6916%) and ECP GOM III LLC (15.96%). In 2024, ExxonMobil Corp. sold its 15.9% interest in the deeepwater Ursa and ...

Jan 8, 2025 · The Permian basin slows again and is projected to add 300,000 b/d of crude and condensate versus 450,000 b/d in 2024. More robust growth will be seen in other regions, with Latin America adding ...

Jan 8, 2025 · LLOG Exploration Co. LLC has advanced work on the Salamanca project in the Gulf of Mexico. The project envisages refurbishing a former Gulf of Mexico production platform into a floating production ...