Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Wedoany.com Report-Jan 8，Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top managem...
Expand Energy Still on Track to Boost US Gas Output to 7 Bcfd in 2025, CEO Says
Wedoany.com Report-Jan 8，Expand Energy (EXE.O), opens new tab, the biggest U.S. natural gas producer, remains on track to boost output to around 7 billion cubic feet per day (bcfd) in 2025, CEO Nick De...
OPEC+ Wary of Rise in US Oil Output Under Trump
Wedoany.com Report-Dec 19,Opec+ members are contemplating a renewed rise in US oil output when Donald Trump returns to the White House, delegates from the group said. More US oil would further erode O...
Iran Achieves Record Gas Output at South Pars
Wedoany.com Report-Dec 18,Touraj Dehghani announced the milestone, attributing it to the efforts of over 1,500 workers operating 39 offshore platforms and 350 wells across the shared gas field, Shana ...
Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai
Wedoany.com Report-Dec 17, Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited’s $315 m...
Venezuelan Oil Output Recedes as Washington Threatens New Sanctions
Wedoany.com Report-Dec 17,The Biden administration weighs withdrawing Chevron’s license while lobbyists urge Trump to leverage sanctions to US advantage. Venezuela’s crude production decre...
Oil Ministry to Sign Gas Output Expansion Contracts by Year-End
Wedoany.com Report-Dec 12,Speaking on the sidelines of the Gas Exporting Countries Forum (GECF) Ministerial Meeting, Paknejad told reporters that the agreements will significantly boost gas production...
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...
SEB: Speculation Surrounding Potential USA Oil Output Surge Gains Attention
Wedoany.com Report-Nov 29, In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone on Thursday, Ole R. Hvalbye, a commodities analyst at the company, said speculation surrounding a potentia...
China’s Steel Output Lifts Iron Ore Even as Low Season Begins
Wedoany.com Report-Nov 26, Iron ore prices have rallied this week as Chinese steel mills churn out more metal than usual at the beginning of the low season. Average crude steel output in the first 20 ...