WTI Sinks As Ukraine Talks And Oversupply Weigh On Markets
Wedoany.com Report-Nov 16, Oil snapped its three-day relief rally as traders used signs of cooling tensions between Russia and Ukraine to position for an oversupplied market in the coming months. West...
Fracking Boss Picks Up Endorsements to Be Trump Energy Secretary
Wedoany.com Report-Nov 16, The head of Liberty Energy Inc., the world’s second-largest fracking services company, has gained prominent endorsements as a potential pick forDonald Trump’s en...
Pantheon Resources Spuds Alaska North Slope well
Wedoany.com Report-Nov 16, Pantheon Resources PLC spudded the Megrez-1 well to explore the eastern topsets in Ahpun field on Alaskas North Slope. The targeted reservoir sections are both younger and s...
Empire Energy Receives Environmental Approval For Carpentaria Pilot
Wedoany.com Report-Nov 16,Empire Energy Group Ltd. will increase activity at the Carpentaria Pilot Project in EP187 in Beetaloo basin, Australia, after the Northern Territory Department of Lands, Plan...
Ovintiv To Add Montney Assets, Simultaneous Uinta Divestiture Makes For Minimal Cash Outlay
Wedoany.com Report-Nov 16, Through the deal with Paramount, Ovintiv will acquire about 109,000 net acres and about 70,000 boe/d in the Alberta Montney, adding some 900 total net well locations, potent...
Eia: US Crude Inventories Up 2.1 Million BBL
Wedoany.com Report-Nov 16, US crude oil inventories for the week ended Nov. 8, excluding the Strategic Petroleum Reserve, increased by 2.1 million bbl from the previous week, according to data from th...
Baker Hughes: US, Canada Rig Counts Fall
Wedoany.com Report-Nov 16, The US drilling rig count decreased by one unit to reach 584 rigs working for the week ended Nov. 15, according to Baker Hughes data. The count is down 34 units from the 618...
Wisconsin Agency Approves Two Permits For Enbridge’s Line 5 Reroute Project
Wedoany.com Report-Nov 16, Wisconsin’s Department of Natural Resource (DNR) Nov. 15 issued waterway and wetland permits for Enbridge’s 41-mile Line 5 oil pipeline reroute project, moving t...
Election Euphoria Ends For Oil Prices
Wedoany.com Report-Nov 16, The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand centered around Chi...
Petronas Forms Partnerships for AI, ML Capabilities
Wedoany.com Report-Nov 15, Petroliam Nasional Bhd. (Petronas), through Malaysia Petroleum Management (MPM), has signed two memoranda of understanding (MoUs) aiming to advance technology and operationa...