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ORLEN Ramps up Its Exploration Activity on the Norwegian Continental Shelf

Wedoany.com Report-Dec 13, A total of 6 exploration and appraisal wells were completed by ORLEN Upstream Norway in 2024, 4 more than the previous year. As a result, the company discovered or confirmed...

2024-12-13

Oil Production Hits 1.7mbpd – FG

Wedoany.com Report-Dec 13,The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up...

2024-12-13

OPEC Says Russia Made Small Cut to Oil Output in November

Wedoany.com Report-Dec 13,Russias crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on...

2024-12-13

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