American Mud Pumps Blog

U.S. natural gas inventories are projected to remain comfortably above historical norms as the 2025 injection season comes to a close. 

2025 is proving to be a turbulent year for the oil market. Geopolitical tensions, trade wars, and shifts in energy policies have put pressure on both demand and prices. 

Canada’s oil sector continues to defy the pressures of a volatile commodity market, with recent production gains underscoring the country’s growing influence on global energy flows.

Energy trade between the United States and Canada continues to be a cornerstone of North America’s energy landscape, totaling $151 billion in 2024, according to U.S. Census Bureau data.

Turkey is pushing for a stronger energy partnership with Iraq, and at the center of this effort is the Iraq-Turkey pipeline (ITP). 

By 2024, oil output from U.S. federal onshore lands reached a record 1.7 million barrels per day (b/d)—a sixfold increase since 2008.  Here's how that happened: 

The global oil trade map just tilted in an unexpected direction. For decades, Nigeria has been known as a reliable supplier of crude oil to the United States, not the other way around. 

In May, Saudi Arabia signaled a renewed pulse in its crude oil activity.  The country’s exports climbed to 6.191 million barrels per day (bpd), hitting a level not seen in the past three months.

A recent oil and gas discovery in Sindh Province adds a new layer to Pakistan’s ongoing pursuit of energy independence. 

The next ten years will be defined by the global appetite for U.S. hydrocarbons. As international markets demand more energy at competitive prices, the United States is in a strong position to respond, with oil and natural gas production projected to stay high through 2030 and beyond.

The most influential voices in the oil industry gathered at the recent OPEC Seminar in Vienna, where executives from state oil companies and international majors shared a clear and unified outlook: short-term oil demand remains strong and shows signs of continued growth.

In 2024, the United States reaffirmed its position as one of the most energy-productive nations on Earth.  For the third consecutive year, it remained a net exporter of energy, producing more than it consumes — a trend that would have been unthinkable two decades ago.

While oil demand remains uncertain and prices continue to cool, the OPEC+ alliance appears ready to authorize yet another increase in crude oil output. 

The United States broke a historic record in 2024 by exporting more energy than ever before, a total of 30.9 quadrillion British thermal units (Quads). 

As geopolitical tensions and economic uncertainty continue to shape the global landscape, the International Energy Agency (IEA)

While the United States still imports some oil from the Persian Gulf, about 0.5 million barrels per day (b/d) in 2024, this amount has dropped sharply over the past decades. 

A steep 27% drop in New Zealand’s gas reserves has accelerated fears of energy shortages and shaken investor confidence. 

Oil and gas production in the Federal Offshore Gulf of America (GOA) is projected to remain steady over the next two years. According to EIA recent forecasts, daily production will slightly increase from 1.77 million barrels in 2024 to 1.80 million in 2025 and 1.81 million in 2026. 

In the global chessboard of energy investment, the spotlight is moving—and it’s now fixed on the Northern Territory (NT) of Australia. 

U.S. onshore oil production in the Lower 48 states (L48) has more than tripled since 2010, and a big part of that growth is thanks to shale oil production in the Permian Basin

Oil prices jumped over $1 this Wednesday after OPEC+ opted to maintain its current production policy, reassuring markets already jittery from potential supply disruptions in Canada

In a significant development for the oil and gas industry, Saudi Arabia and Kuwait have announced the discovery of a new onshore oil well in the long-shared Neutral Zone

In its May Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) warns that global oil consumption growth is losing steam.

Kuwait's state-owned oil company has taken a major step in Southeast Asia. Through its subsidiary Kufpec, it has received the green light from the Indonesian government to move forward with the development of the Anambas gas field, a project located in the promising Natuna Basin.