Crude Oil Recovered After Train Collision in Sancti Spíritus
Wedoany.com Report-Dec 10,Cuba-Petroleum Union (CUPET) announced this Sunday that its teams are working intensively to recover the oil spilled following the train accident that occurred in the Guayos ...
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Wedoany.com Report-Dec 09,Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut prices for its A...
The Head of Rosneft Expects an Increase in Oil Consumption to 20 Million Barrels per Day by 2050
Wedoany.com Report-Dec 09,Global oil consumption may grow to 20 million barrels per day by 2050, Rosneft Chief Executive Officer Igor Sechin said during his report at the XVII Verona Eurasian Economic...
Iran Increasing Oil Output Regardless of US Political Future
Wedoany.com Report-Dec 09, Mohsan Paknejad made the remarks on Sunday on the sidelines of the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Tehran, where he told reporters th...
Petronas awards four PSCs in Malaysia under MBR 2024
Wedoany.com Report-Dec 06, PETRONAS, through its upstream arm Malaysia Petroleum Management (MPM), has awarded PSCs for four new ventures as part of the Malaysia Bid Round (MBR) 2024. The contracts en...
OPEC+ Delays Revival of Its Oil Production by 3 Months
Wedoany.com Report-Dec 06, OPEC+ delayed the revival of its oil production by three months, the third time it’s deferred the move while crude prices struggle amid a looming surplus. The group le...
Totalenergies Addition Strengthens Deepwater Development Conference’s Advisory Board
Wedoany.com Report-Dec 06, The Deepwater Development Conference (MCEDD), the flagship event for innovation and collaboration in the deepwater oil and gas industry, is pleased to announce an addition t...
EIA: US Crude Oil Inventories Fell 5.1 Million Barrels
Wedoany.com Report-Dec 05, U.S. crude inventories, excluding the Strategic Petroleum Reserve, fell 5.1 million barrels in the week ended Nov. 29 from the previous week, according to the U.S. Energy In...
Indonesia Inks Central Andaman Oil And Gas Block Contract
Wedoany.com Report-Dec 04, Indonesia’s Ministry of Energy has confirmed the signing of a contract with units of Harbour Energyand Mubadala Energy for the development of the Central Andaman oil a...
North Sea Oil Market Experiences Largest Trading Surge in 16 Years
Wedoany.com Report-Dec 04, The North Sea crude oil market has just witnessed its largest trading surge in at least 16 years, adding uncertainty to oil prices for the coming year. On Monday, in the pri...