Polish oil and gas group Orlen may suspend or terminate Olefins project
Wedoany.com Report-Nov 7, Polish oil and gas company Orlen said it is reassessing the future of its Olefin III petrochemical project due to profitability concerns, adding that it is exploring options ...
CNOOC Limited Brings On-stream Long Lake NW Project in Canada
Wedoany.com Report-Nov 7, CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces that Long Lake Northwest Project inCanadahas commenced production safe...
Iraq Orders Kurdish Region To Transfer Oil Output To State-run Oil Firm Immediately
Wedoany.com Report-Nov 7 ,Iraqs cabinet said on Tuesday it had ordered the semi-autonomous Kurdish region to immediately transfer its oil output to the countrys state-run firm SOMO. Iraqs cabinet als...
China will continue to play key role in global oil demand, Vitol exec says
Wedoany.com Report-Nov 7,China will continue to have an important role in global oil demand despite the peaking of fuel consumption in its road transportation sector amid energy transition, Vitols glo...
Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry
Wedoany.com Report-Nov 7 , The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will bring a breath of...
Vestas Plunges 12% as Profit Seen at Low End of Guided Range
Vestas Wind Systems A/S shares tumbled to the lowest level since 2020 after the turbine maker said it expects earnings for the full year at the lower end of its guided range. Following years of troubl...
Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes
Wedoany.com Report-Nov 6,Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a gain in US stoc...
Shale Drillers Risk Creating a 2025 Oil Supply Glut, Diamondback Says
Wedoany.com Report-Nov 6, Diamondback Energy Inc., the largest independent oil and gas producer in the Permian Basin, warned that the US shale industry may be growing to its own detriment again. The c...
Aramco Cuts Oil Prices to Asia for December After OPEC+ Delay
Wedoany.com Report-Nov 6, Saudi Arabia lowered oil prices for buyers in Asia for December after members of the OPEC+ producers group said they will push back production increases by one month. State-r...
Russia’s Crude Shipments Slump on Lower Arctic, Black Sea Flows
Wedoany.com Report-Nov 6,Russia’s seabornecrude exports plunged in the latest week, with the biggest declinesince early Julydragging down the four-week average. Weekly flows dropped by about 530...