Category: Oil
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Top Aussie Oil and Gas Firm Woodside Lifts Outlook After Record Q3 Production

Wedoany.com Report-Oct 16,Australias top energy firm Woodside (WDS.AX), marginally raised its annual output expectations on Wednesday after record production for the quarter, reflecting a ramp-up at t...

2024-10-16

Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale

Wedoany.com Report-Oct 16, Top U.S. oil producer Exxon Mobil Corp (XOM.N), opens new tab plans to sell a portion of its assets in North Dakotas Bakken shale formation, the company told Reuters on Tues...

2024-10-16

TotalEnergies Expects Lower Q3 Results Amid Outages, Shrinking Refining Margins

Wedoany.com Report-Oct 15,French oil major TotalEnergies (TTEF.PA), opens new tab expects its third-quarter downstream results to sharply decrease due to a 65% drop in refining margins in Europe and e...

2024-10-15

Shelf Drilling All Done With Triangular Merger

Wedoany.com Report-Oct 15,UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has wrapped up a business combination structured as a triangular merger between its indirect subsidiary S...

2024-10-15

CNOOC Sees Record Oil and Gas Output From Independent Field

Wedoany.com Report-Oct 15, China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,000m³ of...

2024-10-15

Big Oil Set to Bid in Algeria’s New Oil and Gas Licensing Round

Wedoany.com Report-Oct 15, Algeria is set to soon announce a new oil and gas licensing round in which major international firms, including ExxonMobil and Chevron, are expected to take part. The OPEC m...

2024-10-15

Baker Hughes and Repsol Enhancing Oil & Gas Production With Ai-Powered Solutions

Wedoany.com Report-Oct 15,The duo struck a new deal to collaboratively create and deploy next-generation digital capabilities through the Leucipa automated field production solution. This is expected ...

2024-10-15

SKK Migas Seals PSC Deals for Amanah and Melati Blocks

Wedoany.com Report-Oct 15,The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signed a Production Sharing Contract (PSC) for two working areas in Sumatra and Sulawesi under a Cost Recovery ...

2024-10-15

US Crude Stocks Expected to Increase as Runs Continue to Ease

Wedoany.com Report-Oct 15, US crude oil stocks likely continued to climb the week ended Oct. 11, analysts surveyed by S&P Global Commodity Insights said Oct. 14, as runs continued to ease amid turnaro...

2024-10-15

OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell

Wedoany.com Report-Oct 15, OPEC cut its estimate for Chinas crude oil demand growth in 2024 for a third straight month in October, but the producer group is still massively optimistic given the realit...

2024-10-15