North Dakota Crude Output Cut by 520,000 B/D After October Wildfires
Wedoany.com Report-Dec 23,North Dakota, the third-largest producing state in the U.S., saw its crude production fall by 520,000 barrels per day in October after operators shut in wells to protect agai...
India to Surpass China as Leading Contributor to Global Oil Consumption Growth in 2024, 2025
Wedoany.com Report-Dec 23,India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growth from 1998 to...
Oil Prices Mixed; Traders Digest Differing Central Bank Signals
Wedoany.com Report-Dec 22,Oil prices traded in a mixed fashion Thursday, with the WTI contract pressured by the strong dollar in the wake of the hawkish note emanating from the Federal Reserve while m...
Seadrill’s Drillship Picks up 1,095-Day Drilling Job Offshore Brazil
Wedoany.com Report-Dec 22,Bermuda-headquartered offshore drilling contractor Seadrill has won a multimillion-dollar assignment off the coast of Brazil for one of its drillships, which will work for th...
Hanwha Ocean’s Fixed Platfrom Achieves Early Oil Production
Wedoany.com Report-Dec 22, Hanwha Ocean, a shipbuilding unit of Korea’s Hanwha Group, announced Wednesday that its offshore oil platform began to produce crude oil two weeks before the expected ...
Helix Vessel Getting Ready for Brazilian Decom Job With Shell at Namibia’s Port
Wedoany.com Report-Dec 21,U.S.-headquartered offshore energy services provider Helix Energy Solutions has confirmed the arrival of its purpose-built DP3 semi-submersible vessel to Namibia’s Port...
NUPRC to Launch New Oil Licensing Round in 2025
Wedoany.com Report-Dec 21,The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025. NUPRC Chief Executive Officer Gbenga Komola...
Oil Prices up With Fed Rate Cut Hopes, Us Demand Surge
Wedoany.com Report-Dec 21,Oil prices increased on Wednesday ahead of a possible rate cut decision from the US Federal Reserve (Fed) and data indicating a rise in oil demand in the US, the worlds large...
Qatar Raises Oil Price for February Loadings
Wedoany.com Report-Dec 20,QatarEnergy has reportedly raised the price of its al-Shaheen crude oil blend for February loadings, suggesting robust demand for the grade. Reuters cited unnamed sources fam...
Saudi Crude Oil Exports Jumped to Three-Month High in October
Wedoany.com Report-Dec 20, Saudi Arabia’s crude oil exports rose to a three-month high in October, the latest data from the Joint Organizations Data Initiative (JODI) showed on Wednesday. Saudi ...