UAE Petrol, Diesel Prices Remain Unchanged for January 2025
Wedoany.com Report-Jan 2,This stability follows months of declining fuel prices in 2024, with Super 98 petrol dropping from a high of Dh3.34 in May to the current rate of Dh2.61 Petrol and diesel pric...
Azerbaijani Oil Price Exceeds 76$
Wedoany.com Report-Jan 1,The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by 0,75 USD or ...
Oil Inches Lower in Thin Trade, Investors Eye China, US Data
Wedoany.com Report-Dec 31,Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth ...
Very Few Changes in Drilling Activity of Oil/Gas Plays
Wedoany.com Report-Dec 31,The one oil play across the US with a gain in drilling activity in the past week was the Williston Basin, according to the most recent rig report from Baker Hughes Co. Locate...
Chinese Energy Giant Exceeds 20 Mln Tonnes of Oil, Gas Output in 2024
Wedoany.com Report-Dec 31,Shaanxi Yanchang Petroleum (Group) Co. (YCPC) in northwest China has achieved a major milestone in the countrys energy sector, shattering its own production records by surpas...
Libya’s Oil Production Surpasses Annual Target
Wedoany.com Report-Dec 31,The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional 52,633...
Kharabsheh Follows up on Achievements of Petroleum Exploration Projects
Wedoany.com Report-Dec 31,The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (2023–2025) ...
Production at Russian Refineries Has Dropped to a 12-Year Low Due to Ukrainian Drone Attacks
Wedoany.com Report-Dec 31,The reported drop in production at Russian refineries to a 12-year low highlights the significant impact of external factors, such as Ukrainian drone attacks, on critical inf...
Afghanistan Receives Oil Extraction Equipment for Amu Darya Basin
Wedoany.com Report-Dec 31,The spokesperson stated that exploration and extraction work is currently underway on some oil wells in the area, with the work on some of them already completed. Homayoun Af...
Iran Increases Oil Production by 250,000 B/D
Wedoany.com Report-Dec 31,Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad. At the end of November, Hamid Bovard, executive dir...