Upstream Oil, Gas Sector Key to Indonesia’s Energy Self-Sufficiency
Wedoany.com Report-Dec 31, The upstream oil and gas sector is key to accelerating the achievement of Indonesias energy self-sufficiency target, according to Energy and Mineral Resources Minister Bahli...
Petroleum Import Declines, Worth Rs. 101BN Imported in Five Months of FY 2024/25
Wedoany.com Report-Dec 31,The import of petroleum products has decreased during the first five months of the current fiscal year 2024/25. According to latest trade statistics of the Department of Cust...
Eni Fires up Africa Oil and Gas FPSO Project
Wedoany.com Report-Dec 31,Eni on Saturday successfully started production of Phase 2 at its Baleine field offshore Ivory Coast, which will boost production at the asset to 60,000 barrels per day of oi...
Nigeria’s 2 Million Bpd Oil Production Target Under Threat
Wedoany.com Report-Dec 30,The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors responsible for...
Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking
Wedoany.com Report-Dec 30,It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Information Administra...
Turkey Considering Oil Pipeline to Syria: Minister
Wedoany.com Report-Dec 30,Turkey is considering a new oil pipeline to Syria that will also link to the Turkey-Iraq pipeline, the minister of energy and natural resources said on Friday.There are still...
US Crude Oil Stocks Fall for Fifth Straight Week
Wedoany.com Report-Dec 30,US crude oil inventories decreased during the week ended Dec. 27, marking their fifth consecutive weekly decline. Data released today, Dec. 27, by the US Energy Information A...
Petrobras Informs About New Law for the Oil and Gas Sector
Wedoany.com Report-Dec 30,Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content surpluses among...
Krasnodar Declares Regional Emergency as Black Sea Oil Spill Cleanup Stalls
Wedoany.com Report-Dec 29,Authorities in southern Russia’s Krasnodar region have declared a regionwide state of emergency as cleanup efforts for an oil spill along the Black Sea coast stall. The...
Iran Pioneers Shale Oil Extraction Technology to Achieve Energy Independence
Wedoany.com Report-Dec 29, In a groundbreaking achievement, Iranian researchers have developed innovative technology to extract shale oil from reservoirs. This is reported by Mehr News Agency, a partn...