Oil Steadies With Middle East Tensions and US Election in Focus
Wedoany.com Report-Nov 5, Oil steadied after jumping almost 3% on Monday on heightened tensions in the Middle East and OPEC+’s decision to delay restoring barrels to the market. West Texas Inter...
ExxonMobil’s Q3 2024 net income drops by 5% to $8.6bn
Wedoany.com Report-Nov 4, ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year. In the preceding qua...
South Africa Oil Group Seeks to Amend New Law to Woo Investors
Wedoany.com Report-Nov 4, Some oil explorers are not satisfied with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramaphosa, accordin...
Cairn Oil & Gas signs MoU with UNEP's Oil & Gas Methane Partnership
Wedoany.com Report-Nov 4, For reiterating its commitment towards becoming Net Zero Carbon by 2030Cairn Oil & Gas (part of Vedanta Group) has signed a Memorandum of Understanding (MoU) with United Nati...
Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan
Wedoany.com Report-Nov 4, Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of global Shell plc, completing the sa...
Finder’s Acquisition Of Timor-leste Oil Fields Delivers Value Uplift: Mst Access
Wedoany.com Report-Nov 4, Special Report: MST Access believes Finder Energy’s acquisition of the Kuda Tasi and Jahal fields offshore Timor-Leste is transformational and places it on the path tow...
Oil Prices Rally 1.5% As OPEC+ Delays Production Hike
Wedoany.com Report-Nov 4, Oil prices rose sharply in Asian trade on Monday after the OPEC+ said it will delay a planned output hike in December by at least a month, citing recent pressure on prices fr...
Exxon, Chevron Top Q3 Profit Expectations As US Oil Output Hits Record High
Wedoany.com Report-Nov 4, U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil production cus...
How One of the Tiniest Oil Markets Cost Trafigura Over $1 Billion
Wedoany.com Report-Nov 4, Trafigura Group is a giant of commodity trading. On any given day, ithandles enough oil to supply the entire needs of France three times over. Its global reach stretches from...
Dragon Oil Implements Innovative Technologies For Geological Exploration In Turkmenistan
Wedoany.com Report-Nov 2,UAEs Dragon Oil has begun implementing artificial intelligence (AI) for exploration, data processing, and analyzing reservoir properties in Turkmenistan’s oil fields, sa...