Kazakhstan’s Ozenmunaigaz Targets Higher Oil Output in 2025
Wedoany.com Report-Feb 15, Ozenmunaigaz will increase oil production to 5.25 million tons in 2025. This became known during a working visit to the Mangystau region by the Chairman of the Board of JSC ...
Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards
Wedoany.com Report-Feb 15, Norwegian oil and gas player Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s production to...
OPEC Reports Decline in Kazakhstan’s Oil Output for Jan. 2025
Wedoany.com Report-Feb 14, Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per day (mb/d), according to OPEC’s latest report, Trend reports. This ma...
Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
Wedoany.com Report-Feb 14, A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the construction...
Trafigura Buying Oil From Brazilian Player’s Santos Basin Field
Wedoany.com Report-Feb 16, Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former’s field...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands. Wedoany.com Report-Feb 14, Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its...
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. Wedoany.com Report-Feb 14, Oil prices settled flat on Thursday, paring early losses of...
Drilling on a New Swath of Ultra-Deep Oil Wells in Taklamakan Desert, Starts After Holiday
Photo taken on July 7, 2017, shows Keshen 605 well at the Tarim Oilfield in Aksu, northwest Chinas Xinjiang Uygur Autonomous Region. Wedoany.com Report-Feb 13, Drilling on a new swath of ultra-deep c...
BP Books Singapore Firm for Another Gulf of America-Bound Floating Production Unit
Rendering of BPs Kaskida offshore platform in the Gulf of Mexico Wedoany.com Report-Feb 13, Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has secured a job ahead...
EIA Confirms Turkmenistan’s Rising Oil Reserves
Wedoany.com Report-Feb 13, Turkmenistan continues to strengthen its position as a key energy producer, with proven oil reserves reaching 600 million barrels as of January 1, 2025, according to the lat...