Category: Oil
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North American Rig Count Unchanged As Us Drop Offsets Canada Gain

Wedoany.com Report-Nov 23, Drilling in the US fell this week, offsetting a gain in Canada, according to Baker Hughes data. There were 784 rigs working in North America to end the week. Drilling in the...

2024-11-23

OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online

OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at their Vienna headquarters as originally planned. Several members said...

2024-11-23

Landbridge Acquires 46,000 Surface Acres In Southern Delaware Basin

Wedoany.com Report-Nov 23, LandBridge Co. LLC has agreed to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin from VTX Energy Partners LLC. The acquisition o...

2024-11-23

India Is Leading Source Of Oil Demand Growth In EIA Forecast

Wedoany.com Report-Nov 23, In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) said India has emerged as the leading source of...

2024-11-23

Big Oil Accelerating Investment in Biofuels: Rystad

Wedoany.com Report-Nov 23, BP PLC, Chevron Corp., Eni SpA, Exxon Mobil Corp., Shell PLC and TotalEnergies SE have announced a total of 43 biofuel production projects with a combined 286,000 barrels pe...

2024-11-23

EMGS Wins CSEM Survey Contract For Offshore Hydrocarbon Detection In India

Wedoany.com Report-Nov 23 , Electromagnetic Geoservices (EMGS) announced they have signed a contract with an undisclosed client for a controlled source electro-magnetic (CSEM) survey in India.The surv...

2024-11-23

Conocophillips Completes $22.5 Billion Acquisition Of Marathon Oil

Wedoany.com Report-Nov 23, ConocoPhillips today announced that it has completed its acquisition of Marathon Oil Corporation. This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, addin...

2024-11-23

Oil States Debuts Low-impact Workover Package At SPE ICoTA Well Intervention Conference

Wedoany.com Report-Nov 23, Oil States has introduced an industry-first Low Impact Workover Package (LIWP), announced this week at the SPE/ICoTA 30th European Well Intervention Conference in Aberdeen, ...

2024-11-23

Occidental CEO Warns U.S. At Risk Of Shale Plateau, Losing Energy Independence

Wedoany.com Report-Nov 23, Occidental Petroleum Corp. warned that U.S. energy independence is at risk of slipping away if shale output plateaus and begins to decline. It’s going to start to roll...

2024-11-23

SBM Offshore Completes $1.5 Billion Financing Of Jaguar FPSO

Wedoany.com Report-Nov 23, SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 int...

2024-11-23