Category: Oil
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CNOOC Started Production in Seven Oil and Gas Projects in 2024

Wedoany.com Report-Oct 11,CNOOC Ltd. has begun production in the Bozhong 19-2 Oilfield Development Project in central Bohai Bay, the seventh oil and gas project put onstream by the Chinese state-backed...

2024-10-11

Mexican President Says New Pemex Refinery Running at About 80% of Capacity

Wedoany.com Report-Oct 11,Mexicos state-owned Pemexs new oil refinery is processing crude at about 80% of its capacity, the countrys president said on Thursday, an amount that marks a big jump from the...

2024-10-11

Nigeria Targets 3m Barrels Per Day Output As Oil Reforms Attract $50bn Investments

Wedoany.com Report-Oct 10,Oil sector fiscal reforms by the Federal Government have attracted more than $50 billion investments for the country. Remarkably, an investors, that is impressed by the fiscal...

2024-10-10

Florida Fuel Outages Grow as Residents Evacuate Ahead of Hurricane Milton

Nearly a quarter of Floridas gasoline stations were out of fuel on Wednesday afternoon as residents rushed to evacuate ahead of Hurricane Milton, which some fear could become one of the most destructi...

2024-10-10

Russia Reducing Share of Budget Revenue From Gas and Oil, Minister Says

 Wedoany.com Report-Oct 10, Russia is reducing the share of budget revenue derived from gas and oil production and hopes to bring down its reliance on volatile commodities to about 23% by 2027, Fina...

2024-10-10

Angola: Exxonmobil Drives Frontier Exploration, Block 15 Redevelopment

ExxonMobil addressed frontier exploration drilling in Angola’s Namibe Basin and its successful redevelopment program in offshore Block 15 during an on-stage interview with Katrina Fisher, Managi...

2024-10-09

BP Books TechnipFMC on Multimillion-Dollar Job at Its First 20K Tech Oil Project

Wedoany.com Report-Oct 09,UK-based energy heavyweight BP has picked a compatriot energy technology provider TechnipFMC for work at its sixth-operated deepwater project in a prolific high-margin basin ...

2024-10-09

CNOOC’s Bozhong 19-2 Oilfield Project Starts Production

Wedoany.com Report-Oct 09, China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozhong 19-2 Oilfield Development Project. According to the company, the project is expected ...

2024-10-09

Qatarenergy Signs 20-Year Naphtha Supply Deal with Shell

Wedoany.com Report-Oct 09,QatarEnergy has entered into a long-term naphtha supply agreement with Shell (SHEL.L), opens new tab, supplying up to 18 million metric tons of naphtha to the London-listed c...

2024-10-09

Shell's Third-Quarter Refining Margins Drop Sharply

Shells refining profit margins fell nearly 30% in the third quarter, dropping from $7.7 to $5.5 per barrel due to decreased global demand and new refinery capacity. This decline is expected to impact ...

2024-10-08