Noble Rig Lines up New Drilling Gig Offshore Australia
Wedoany.com Report-Jan 3,U.S. offshore drilling contractor Noble Corporation has landed a new assignment for one of its semi-submersible rigs with an undisclosed firm off the coast of Australia. While...
Oil Prices Post 3% Annual Decline
Wedoany.com Report-Jan 3,Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, Chinas economy struggled, and the US and other non...
New Refineries: NNPCL May Cut Crude Supply to Dangote Plant
Wedoany.com Report-Jan 3,The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a...
Repsol Resumes Exploration Drilling in Libya After a 10-Year Hiatus
Wedoany.com Report-Jan 3,Libya’s state National Oil Corporation (NOC) reported yesterday (31 December 2024) that Spanish oil company Repsol has resumed exploration activity in the Murzuq Basin a...
New York Fires $75 Billion Shot for Big Oil to Foot the Landmark Climate ‘Superfund’ Bill
Wedoany.com Report-Jan 03,As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by est...
Brazil’s Petrobras Raises Jet Fuel Prices by Around 7% in Key Markets
SAO PAULO, Jan 2 (Reuters) - Brazilian state-run oil firm Petrobras (PETR4.SA), opens new tab hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such a...
Iraqi Cabinet Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
Wedoany.com Report-Jan 2,The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Ministers office said on Monday. The pipeline will cost about 5.97 t...
Brava Energia Restarts Production at Papa-Terra Field
Wedoany.com Report-Jan 2,Brava Energia, formerly 3R Petroleum before the merger with Enauta, has restarted production at Pappa-Terra field assets in the Campos Basin, offshore Brazil. During the produ...
Noble Rig Scores Multi-Well Drilling Gig Offshore Suriname
Wedoany.com Report-Jan 2,U.S. offshore drilling contractor Noble Corporation has got a new drilling assignment off the coast of Suriname, which will be conducted by its 2009-built semi-submersible rig...
Oil up Over Strong Economic Data From China, Weakening Us Dollar
Wedoany.com Report-Jan 2,Chinese authorities approve record fiscal stimulus package of 3 trillion yuan to boost economy, contributing to market optimism over future oil demand Oil prices continued to ...