EIA Expects Oil Prices to Be Under Pressure From Oversupply in 2025, 2026

Wedoany.com Report-Jan 15, Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Shor...

2025-01-15

Guyana Exported 225 Crude Cargoes in 2024

Wedoany.com Report-Jan 15, Guyana exported 225 cargoes of crude oil in 2024, its energy minister said on Tuesday, as a consortium led by U.S. major Exxon Mobil (XOM.N), opens new tab continued ramping...

2025-01-15

BP Eyes First Gas Months Earlier With Subsea Ops Already Underway, as Valaris Rig Moves to Next Well

Wedoany.com Report-Jan 14, UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month. To this end, subsea commissioning operations ...

2025-01-14

Azerbaijani Oil Price Surpasses $84

Wedoany.com Report-Jan 14, A barrel of Azeri Light crude rose by $2.67, or 3.51 %, reaching $84.53 on Tuesday. The lowest price ever recorded for Azeri Light was $15.81 per barrel on April 21, 2020, w...

2025-01-14

Oil Hits Four-Month High in Boost for Budget

Wedoany.com Report-Jan 14, The price of Brent crude, Nigeria’s benchmark grade, extended gains for a third session on Monday, rising above $80 a barrel to its highest in more than four months, d...

2025-01-14

Atlas Announces First Commercial Sand Delivery From Permian, Enhancing Oilfield Logistics

Wedoany.com Report-Jan 14, Atlas Energy Solutions Inc. today announced the first commercial delivery of sand off its Dune Express conveyor system in the Permian basin. The sand was originally produced...

2025-01-14

China Expands Operations Across Iraq’s Huge West Qurna 1 Oil Field

Wedoany.com Report-Jan 14, The history of the Middle East since the 1990s has been in many aspects been defined by China’s need to secure sufficient energy to power its economic growth to rival ...

2025-01-14

Well Malfunction Causes Bowman County Spill

Wedoany.com Report-Jan 14, A malfunction in a well caused produced water and crude oil to spill in Bowman County on Saturday. State regulators said about 235 barrels of produced water and 15 barrels o...

2025-01-14

Enbridge Preps Pipeline Buildout for Trump-Driven Drilling Boom

Wedoany.com Report-Jan 14, Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom. The com...

2025-01-14

Serbia Ready to Buy Russian Stake in NIS Refiner

Wedoany.com Report-Jan 13, Serbia can pay Gazprom Neft PJSC and Gazprom PJSC to exit the Balkan country’s only refiner in order to preserve local fuel production after it became ensnared in new ...

2025-01-13