OPEC+ Wary of Rise in US Oil Output Under Trump

Wedoany.com Report-Dec 19,Opec+ members are contemplating a renewed rise in US oil output when Donald Trump returns to the White House, delegates from the group said. More US oil would further erode O...

2024-12-19

Iran Boosts Oil, Gas Output Amid US Crackdown on Sales

Wedoany.com Report-Dec 19, Iran’s oil and gas output has ramped up over the past three months, Deputy Oil Minister Hamid Bovard said on December 18, as the country is poised to face heightened p...

2024-12-19

OGDCL Begins Oil & Gas Production From Hyderabad

Wedoany.com Report-Dec 19,Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has commenced production of oil and gas from its Kunnar West...

2024-12-19

PTTEP Appraising ‘Remarkable’ Offshore Oil and Gas

Wedoany.com Report-Dec 19,Thailand’s national upstream company PTTEP is appraising its Chenda discovery on Block SK 405B offshore Sarawak, East Malaysia, for which it expects to complete a devel...

2024-12-19

China Boosts Oil Inventories With Jump in Crude Imports

Wedoany.com Report-Dec 19,China’s crude oil imports soared in November, but most of the increase in purchases likely went to boosting stockpiles, data compiled by Reuters columnist Clyde Russell...

2024-12-19

Kosmos Energy Confirms Takeover Talks With Tullow Oil

​Wedoany.com Report-Dec 18,US oil and gas player Kosmos Energy has confirmed that it is in preliminary discussions to take over the UK-based independent exploration firm Tullow Oil. Both companies is...

2024-12-18

OGDCL Revives Heavy Oil Well in Punjab, Boosts Production by 67%

​Wedoany.com Report-Dec 18,Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully revived a heavy oil well at its Rajian Oil Fi...

2024-12-18

Oil Spill Occurs in Nigeria Due to Pipeline Rupture

Wedoany.com Report-Dec 18,An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 November. The Nigeri...

2024-12-18

Canadian Oil Producers Forecast Higher Production in 2025

Wedoany.com Report-Dec 18,Three of Canadas biggest oil producers, Suncor Energy, Cenovus Energy and Imperial Oil, projected higher production in 2025, betting on resilient demand for Canadian crude in...

2024-12-18

Major Libya Oil Refinery Halts Operations Due to Clashes

Wedoany.com Report-Dec 18,A major oil refinery in Zawiya, western Libya, ceased operations yesterday following clashes between local armed groups that caused fires in several storage tanks. The Nation...

2024-12-18