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...
Kuwait Petroleum Eyes Strategic Oil Storage In India
Wedoany.com Report-Dec 06, Kuwait PetroleumCorporation (KPC) has expressed interest in participating in the second phase of India’s Strategic Petroleum Reserve (SPR) project, which aims to bolst...
Kent To Deliver Epcm Services For BP’s Global Assets Over Three Years
Wedoany.com Report-Dec 06, Kent has secured a three-year global engineering, procurement and construction management (EPCm) framework contract with energy giantBP. This agreement, which includes optio...
OneOk Completes NGL Fractionation And Pipeline Expansion Projects
Wedoany.com Report-Dec 06, Natural gas transmission companyOneokhas announced the completion of two key projects, the MB-6 NGL fractionator in Mont Belvieu, Texas, and the full looping of the West Tex...
Petronas awards four PSCs in Malaysia under MBR 2024
Wedoany.com Report-Dec 06, PETRONAS, through its upstream arm Malaysia Petroleum Management (MPM), has awarded PSCs for four new ventures as part of the Malaysia Bid Round (MBR) 2024. The contracts en...
Latest Rig Report Sees ‘Some Softness’ In Jackup Day Rates
Wedoany.com Report-Dec 06, Evercore ISI’s latest Offshore Oracle report indicates that there is some softness in jackup dayrates in the Southeast Asia market, while ultra-deepwater marketed rig ...
OPEC+ Delays Revival of Its Oil Production by 3 Months
Wedoany.com Report-Dec 06, OPEC+ delayed the revival of its oil production by three months, the third time it’s deferred the move while crude prices struggle amid a looming surplus. The group le...
TotalEnergies to Acquire RE Firm VSB for $1.65 Billion
Wedoany.com Report-Dec 06, TotalEnergies SE has signed an agreement to buy VSB Group for EUR 1.57 billion ($1.65 billion), expanding its wind, solar and battery storage footprint in Europe. Concurrent...