Category: Oil
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OPEC Daily Crude Output up 0.5% in Nov.

Wedoany.com Report-Dec 13,Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to average 26.66 millio...

2024-12-13

Azerbaijan Unveils Latest Data on Its Oil, Gas Output, and Export Volumes for Current Year

Wedoany.com Report-Dec 13,Oil-condensate production in Azerbaijan was 26.5 million tons, and the exports were 22.2 million tons, while the gas production and exports amounted to 45.8 bcm (bcm) and 22....

2024-12-13

OGDCL-Led Consortium Wins Bid for 49% Stake in Miran Block

Wedoany.com Report-Dec 13,Oil and Gas Development Company Limited (OGDCL), along with its consortium partners Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (GHPL), has suc...

2024-12-13

Equinor Exits Nigeria, Completes $1.2bn Asset Sale to Chappal Energies

Wedoany.com Report-Dec 13,Equinor (EQNR.OL) has officially announced its exit from Nigeria after three decades of operations, concluding the sale of its assets to Chappal Energies for $1.2 billion. Th...

2024-12-13

Indonesia’s Pertamina Has Signed Oil Block Contract -Regulator

Wedoany.com Report-Dec 13,Indonesian state energy firm PT Pertamina has signed a production sharing contract with the government for the countrys second-largest crude producing field, said the head of...

2024-12-13

Bauchi Restates Support for Oil Exploration

Wedoany.com Report-Dec 12,The Bauchi State Government has reaffirmed its commitment to supporting the actualisation of crude oil exploration at the Kolmani Oil Field, pledging to provide the necessary...

2024-12-12

US Agency Expects Oil Production to Grow in 2025 Despite Opec+ Decision

Wedoany.com Report-Dec 12,The US Energy Information Administration (EIA) expects global oil production to increase next year, with the bulk coming from countries outside the Opec+ group. Last week, Op...

2024-12-12

North Sea Harald East Well Starts Production

Wedoany.com Report-Dec 12,TotalEnergies has brought onstream the Harald East Middle Jurassic well in the Danish North Sea. TotalEnergies has brought onstream the Harald East Middle Jurassic well in th...

2024-12-12

Argentina Hydrocarbon Production Nears Record Highs

Wedoany.com Report-Dec 12,Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from Vaca Muerta shale formation, which is offsetting declining o...

2024-12-12

Saudi Arabia Cuts Oil Prices

Wedoany.com Report-Dec 10,Saudi Arabia is cutting oil prices for buyers in Asia by more than expected after OPEC+ further delayed an output revival, underscoring how the outlook for the market remains...

2024-12-10