Oil and Gas This Week | February 26 2025 | Ep 369

Sponsored by Cognite – https://www.cognite.com/en/ogpodcast

Chevron to lay off up to 20% of global workforce
https://www.reuters.com/business/energy/chevron-announces-15-20-layoff-global-workforce-source-says-2025-02-12/#:~:text=HOUSTON%2C%20Feb%2012%20(Reuters),and%20complete%20a%20major%20acquisition.

Deepwater Drilling’s Delayed Rebound and the Future of Offshore Energy
https://oilprice.com/Energy/Energy-General/Deepwater-Drillings-Delayed-Rebound-and-the-Future-of-Offshore-Energy.html

Iran Threatens Direct Attack on Israel
https://oilprice.com/Geopolitics/Middle-East/Iran-Threatens-Direct-Attack-on-Israel.html

UK Power Grid Requires $60 Billion Investment by 2050
https://oilprice.com/Latest-Energy-News/World-News/UK-Power-Grid-Requires-60-Billion-Investment-by-2050.html

Pemex Reports Illegal Boarding
https://www.rigzone.com/news/pemex_reports_illegal_boarding-21-feb-2025-179699-article

USA EIA Forecasts WTI Oil Price Drop in 2025 and 2026
https://www.rigzone.com/news/usa_eia_forecasts_wti_oil_price_drop_in_2025_and_2026-19-feb-2025-179677-article

Nigeria’s 650,000 bpd Dangote Refinery to operate at full capacity in 30 days
https://www.bicmagazine.com/industry/refining-petrochem/nigerias-650-000-bpd-dangote-refinery-to-operate-at-full-capacity-30-days

Howard Energy Partners acquires interest in Midship pipeline
https://www.bicmagazine.com/industry/pipelines/howard-energy-partners-acquires-interest-in-midship-pipeline

ConocoPhillips to sell interest in Gulf of Mexico assets to Shell for $735 million
https://www.worldoil.com/news/2025/2/21/conocophillips-to-sell-interest-in-gulf-of-mexico-assets-to-shell-for-735-million

Russia’s idle oil refining capacity estimated 82% up in February
https://www.hydrocarbonprocessing.com/news/2025/02/russias-idle-oil-refining-capacity-estimated-82-up-in-february

ExxonMobil’s gas project in Guyana to include fertilizer plant
https://www.hydrocarbonprocessing.com/news/2025/02/exxonmobils-gas-project-in-guyana-to-include-fertilizer-plant

U.S. oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
https://www.hydrocarbonprocessing.com/news/2025/02/us-oil-biofuel-groups-unite-to-urge-new-trump-epa-to-boost-biofuel-mandates

Petroleum demand will rise despite global push for renewables
https://www.presstv.ir/Detail/2025/02/22/743302/OPEC-chief-forecast-global-petroleum-demand

Episode Links
Sparking Intrest Podcast · February 19, 2025

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