Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri
Wedoany.com Report-Jan 5,The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil production by 2025. Nige...
Oil Prices Post 3% Annual Decline
Wedoany.com Report-Jan 3,Oil prices fell around 3 percent in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, Chinas economy struggled, and the US and other non...
Iraqi Cabinet Approves $4.6 Billion Basrah-Haditha Oil Pipeline Project
Wedoany.com Report-Jan 2,The Iraqi cabinet has given approval for a Basrah-Haditha oil pipeline project, a statement from the Prime Ministers office said on Monday. The pipeline will cost about 5.97 t...
Brava Energia Restarts Production at Papa-Terra Field
Wedoany.com Report-Jan 2,Brava Energia, formerly 3R Petroleum before the merger with Enauta, has restarted production at Pappa-Terra field assets in the Campos Basin, offshore Brazil. During the produ...
Oil up Over Strong Economic Data From China, Weakening Us Dollar
Wedoany.com Report-Jan 2,Chinese authorities approve record fiscal stimulus package of 3 trillion yuan to boost economy, contributing to market optimism over future oil demand Oil prices continued to ...
Fresh Oil & Gas-Condensate Discovery Comes to Light in Namibia
Wedoany.com Report-Jan 2,Portugal’s oil and gas company Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appraisal (E&A) prog...
FPSO Atlanta to Start Production off Brazil in Coming Days
Wedoany.com Report-Jan 2,Brazilian oil and gas company Brava Energia has received the authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to start production from Atlan...
PV Drilling Eyes Southeast Asian Oil and Gas Drilling Market
Wedoany.com Report-Jan 2,Petrovietnam Drilling and Well Service Corporation (HOSE: PVD) successfully exceeded its 2024 business targets, with all financial indicators significantly surpassing projecti...
Galp Finds Oil and Gas Condensate Offshore Namibia
Wedoany.com Report-Jan 2,Galp, together with its partners NAMCOR and Custos, has found more light oil and gas condensate in a well at PEL83 license offshore Namibia. The partners drilled and logged th...
Coelacanth Energy Eyes Tenfold Increase in Oil Production in 2025
Wedoany.com Report-Jan 2,"We believe were going to be able to create significant value over the next three to five years," said Rob Zakresky, president and CEO of Coelacanth Energy. Canadian oil and n...