Saturday, September 6, 2025
TotalEnergies, Eni to invest billions in Libyan energy projects- oil and gas 360

TotalEnergies, Eni to invest billions in Libyan energy projects

World Oil (Bloomberg) –France’s TotalEnergies SE and Italy’s SpA said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and civil war. “I want to contribute to Libya’s comeback,” TotalEnergies’ Chief Executive Officer Patrick Pouyanne said on Monday at an energy conference in the capital, Tripoli. “Some may see

Saudi Arabia's crude oil exports hit eight-month high in September- oil and gas 360

Saudi Arabia’s crude oil exports hit eight-month high in September

Reuters Nov 18 – Saudi Arabia’s crude oil exports in September rose for a fifth month in a row to their highest since January, the Joint Organisation Data Initiative (JODI) said on Thursday. The kingdom’s crude oil exports rose to 6.516 million barrels per day (bpd) in September, up from 6.450 million bpd in August. Total exports including oil products

Permian shale output expected to set a record in December- oil and gas 360

Permian shale output expected to set a record in December

World Oil LONDON (Bloomberg) – Oil output in the Permian Basin is projected to hit a record as the largest U.S. shale patch leads the recovery in domestic production from its Covid-19 induced slump.   Supplies from the prolific oil field of West Texas and New Mexico are set to increase to 4.95 million barrels a day in December, according