Azerbaijani Oil Price Exceeds 76$

Wedoany.com Report-Jan 1,The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets, APA-Economics reports. The price of Azerbaijani oil per barrel increased by 0,75 USD or ...

2025-01-01

Oil Inches Lower in Thin Trade, Investors Eye China, US Data

Wedoany.com Report-Dec 31,Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth ...

2024-12-31

Very Few Changes in Drilling Activity of Oil/Gas Plays

Wedoany.com Report-Dec 31,The one oil play across the US with a gain in drilling activity in the past week was the Williston Basin, according to the most recent rig report from Baker Hughes Co. Locate...

2024-12-31

Chinese Energy Giant Exceeds 20 Mln Tonnes of Oil, Gas Output in 2024

Wedoany.com Report-Dec 31,Shaanxi Yanchang Petroleum (Group) Co. (YCPC) in northwest China has achieved a major milestone in the countrys energy sector, shattering its own production records by surpas...

2024-12-31

Libya’s Oil Production Surpasses Annual Target

Wedoany.com Report-Dec 31,The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional 52,633...

2024-12-31

Production at Russian Refineries Has Dropped to a 12-Year Low Due to Ukrainian Drone Attacks

Wedoany.com Report-Dec 31,The reported drop in production at Russian refineries to a 12-year low highlights the significant impact of external factors, such as Ukrainian drone attacks, on critical inf...

2024-12-31

Afghanistan Receives Oil Extraction Equipment for Amu Darya Basin

Wedoany.com Report-Dec 31,The spokesperson stated that exploration and extraction work is currently underway on some oil wells in the area, with the work on some of them already completed. Homayoun Af...

2024-12-31

Iran Increases Oil Production by 250,000 B/D

Wedoany.com Report-Dec 31,Iran is increasing oil production by additional 250,000 b/d, ABC.AZ informs, quoting Iranian Oil Minister Mohsen Paknejad. At the end of November, Hamid Bovard, executive dir...

2024-12-31

Upstream Oil, Gas Sector Key to Indonesia’s Energy Self-Sufficiency

Wedoany.com Report-Dec 31, The upstream oil and gas sector is key to accelerating the achievement of Indonesias energy self-sufficiency target, according to Energy and Mineral Resources Minister Bahli...

2024-12-31

Eni Fires up Africa Oil and Gas FPSO Project

Wedoany.com Report-Dec 31,Eni on Saturday successfully started production of Phase 2 at its Baleine field offshore Ivory Coast, which will boost production at the asset to 60,000 barrels per day of oi...

2024-12-31