48 Billion Boe Potential: Indonesia Offers Six More Blocks
Wedoany.com Report-Dec 10,Indonesia’s Ministry of Energy & Mineral Resources (ESDM) has unveiled the country’s second acreage offering of 2024. Six blocks are on the table with combined po...
Bangladesh Gears up to Restart Offshore Oil, Gas Exploration With Fresh Bidding Process
Wedoany.com Report-Dec 10, The last time gas was discorvered in the sea was 11 years ago and the only things that have happened since are discussions and speculations. However, momentum is now buildin...
Iran Offers Cooperation With Gas Exporting Countries in Oil and Gas Technologies
Wedoany.com Report-Dec 10,Azim Kalantari-Asl, speaking during a visit by GECF ministerial delegates to the research facility, outlined key areas for collaboration, including gas reservoir exploration,...
Oando Raises Oil Production Output by 50%
Wedoany.com Report-Dec 10,Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months. It said the achievement followed the acquisition of Nigerian Agip Oil C...
Crude Oil Recovered After Train Collision in Sancti Spíritus
Wedoany.com Report-Dec 10,Cuba-Petroleum Union (CUPET) announced this Sunday that its teams are working intensively to recover the oil spilled following the train accident that occurred in the Guayos ...
Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria
Wedoany.com Report-Dec 10,Nigeria’s independent oil producer, Chappal Energies, has finalised the $1.2 billion acquisition of Norwegian oil giant, Equinor Nigeria Energy Company (ENEC). The deve...
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Wedoany.com Report-Dec 09,Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut prices for its A...
The Head of Rosneft Expects an Increase in Oil Consumption to 20 Million Barrels per Day by 2050
Wedoany.com Report-Dec 09,Global oil consumption may grow to 20 million barrels per day by 2050, Rosneft Chief Executive Officer Igor Sechin said during his report at the XVII Verona Eurasian Economic...
UAE to Gain From OPEC+ Decision on Oil Output
Wedoany.com Report-Dec 09,The UAE is expected to gain significantly from last week’s Opec+ decision, as the country’s 2025 target level is about 8% higher than its target level for the end...
Iran Increasing Oil Output Regardless of US Political Future
Wedoany.com Report-Dec 09, Mohsan Paknejad made the remarks on Sunday on the sidelines of the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Tehran, where he told reporters th...