Global Oil Demand to Gain 1-1.5 Mbd in 2025
Wedoany.com Report-Dec 28,Russia expects growth of global oil demand in 2025 to reach from 1 mln barrels per day (mbd) to 1.5 mbd, Deputy Prime Minister Alexander Novak said in an interview with the R...
Oil Firms in Iraqi Kurdistan Demand Compensation of $24 Billion
Wedoany.com Report-Dec 28, Nine oil companies operating in the Kurdistan region of Iraq requested compensation of $24 billion because of the suspension of oil exports through Turkey. Economic expert N...
Petrobras to Keep Constellation’s Semi-sub Rig Under $61M Contract Extension
Wedoany.com Report-Dec 27,(OE) Offshore drilling contractor Constellation has secured an extension of the current contract for its semi-submersible drilling rig Atlantic Star with Petrobras, worth up ...
TotalEnergies Adds More Time to Northern Drilling Semisub Deal
Wedoany.com Report-Dec 27,French energy major TotalEnergies has exercised an extension option for Northern Drilling’s semisub Deepsea Mira. John Fredriksen-controlled Northern Ocean, a semisub r...
Oil Prices Ease as Markets Weigh China Stimulus Hopes
Wedoany.com Report-Dec 27,Oil edged lower on Thursday in light holiday trade as the dollars strength offset hopes for additional fiscal stimulus in China, the worlds biggest oil importer. Brent crude ...
Azerbaijani Oil Price Once Again Exceeds $75
Wedoany.com Report-Dec 27,The price of Azerbaijani crude oil has once again surpassed $75 per barrel. A barrel of Azeri Light crude rose by $1.11, or 1.49%, reaching $75.37 on Wednesday. The lowest pr...
NLC Hails Dangote Refinery for Fuel Price Cut
Wedoany.com Report-Dec 27,The Nigeria Labour Congress has commended Dangote Refinery for its recent reduction in fuel prices, describing it as a timely economic relief for Nigerians. Speaking with jou...
RON97 Petrol Price Up By 3 Sen; RON95 And Diesel Unchanged
Wedoany.com Report-Dec 27,The retail price of RON97 petrol will increase by 3 sen to RM3.25 per litre, effective Dec 26, 2024, to Jan 1, 2025, according to the government. Meanwhile, RON95 petrol rema...
Onshore Petroleum Auction Set to Be Held
Wedoany.com Report-Dec 27,Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 years to increase...
KazMunayGas and CNOOC Joining Forces to Dig Deeper Into Geological Exploration
Wedoany.com Report-Dec 27, KazMunayGas and CNOOC are expanding their cooperation in geological exploration, discussing key aspects of bilateral collaboration, including the joint implementation of the...