ADNOC Gas Plans $15B Capex for Next Five Years, Driven by UAE Gas Demand
Wedoany.com Report-Nov 16, The integrated gas processing unit of Abu Dhabi National Oil Co. (ADNOC) said it has raised its planned 2025–29 capex of $13 billion to $15 billion to capitalize on gr...
Occidental Beats Estimates, Helped by Higher US Sales Volumes
Wedoany.com Report-Nov 16, Occidental Petroleum Corp. has reported a third-quarter adjusted profit of $977 million or $1 per share, supported by higher domestic oil and gas sales volumes amid a fall i...
Harbour Narrowly Raises Output Projection After Wintershall Dea Acquisition
Wedoany.com Report-Nov 16,Harbour Energy PLC slightly increased the lower end of its output guidance for 2024 from 250,000 barrels of oil equivalent a day (boed) to 255,000 boed to reflect four months...
WTI Sinks As Ukraine Talks And Oversupply Weigh On Markets
Wedoany.com Report-Nov 16, Oil snapped its three-day relief rally as traders used signs of cooling tensions between Russia and Ukraine to position for an oversupplied market in the coming months. West...
Fracking Boss Picks Up Endorsements to Be Trump Energy Secretary
Wedoany.com Report-Nov 16, The head of Liberty Energy Inc., the world’s second-largest fracking services company, has gained prominent endorsements as a potential pick forDonald Trump’s en...
Pantheon Resources Spuds Alaska North Slope well
Wedoany.com Report-Nov 16, Pantheon Resources PLC spudded the Megrez-1 well to explore the eastern topsets in Ahpun field on Alaskas North Slope. The targeted reservoir sections are both younger and s...
Empire Energy Receives Environmental Approval For Carpentaria Pilot
Wedoany.com Report-Nov 16,Empire Energy Group Ltd. will increase activity at the Carpentaria Pilot Project in EP187 in Beetaloo basin, Australia, after the Northern Territory Department of Lands, Plan...
Ovintiv To Add Montney Assets, Simultaneous Uinta Divestiture Makes For Minimal Cash Outlay
Wedoany.com Report-Nov 16, Through the deal with Paramount, Ovintiv will acquire about 109,000 net acres and about 70,000 boe/d in the Alberta Montney, adding some 900 total net well locations, potent...
Eia: US Crude Inventories Up 2.1 Million BBL
Wedoany.com Report-Nov 16, US crude oil inventories for the week ended Nov. 8, excluding the Strategic Petroleum Reserve, increased by 2.1 million bbl from the previous week, according to data from th...
Baker Hughes: US, Canada Rig Counts Fall
Wedoany.com Report-Nov 16, The US drilling rig count decreased by one unit to reach 584 rigs working for the week ended Nov. 15, according to Baker Hughes data. The count is down 34 units from the 618...