Dangote Refinery Extends Export to Three African Countries
Wedoany.com Report-Dec 17,The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks. The Vice President of Oil and Gas, Dangote...
Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions
Wedoany.com Report-Dec 16,The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC...
New Oil Discovery Boosts Barents Sea Potential With 20 More Wells on the Drilling Horizon
Wedoany.com Report-Dec 16,Norwegian oil and gas player Vår Energi has discovered oil resources in an appraisal well near the Goliat field in the Barents Sea off the coast of Norway. As the firm ...
Argentina to Eclipse Colombia as Oil Production Growth Continues
Wedoany.com Report-Dec 16,Crude oil production in the Vaca Muerta shale formation in Argentina is about to hit 1 million barrels per day this decade. The forecast came recently from Rystad Energy, and...
Nigeria Retains Top Spot as Africa’s Biggest Oil Producer
Wedoany.com Report-Dec 16,The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa. OPEC, in its latest month...
Suncor Energy to Increase Oil and Gas Output by up to 5 Per Cent in 2025
Wedoany.com Report-Dec 16,Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent, as it continues to work to improve its performance and lower costs from its oilsands...
Reabold Resources Ups Stake in Rathlin Energy
Wedoany.com Report-Dec 16,The £700,000 purchase, from Rathlin’s Canadian owners, Connaught Oil & Gas, takes Reabold’s total shareholding in Rathlin to nearly 80%. Under the deal anno...
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Wedoany.com Report-Dec 14,Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil supply in 2025. ...
Oil Prices up With China Demand Hopes
Wedoany.com Report-Dec 13,Oil prices increased on Wednesday supported by economic stimulus measures in China, the world’s biggest crude importer, aimed at boosting domestic growth. The internati...
Shell to Explore for Oil and Gas in the Black Sea
Wedoany.com Report-Dec 13,Shell Exploration and Production (96) B.V, a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgarias exclusive economic zone...