Oil Trader Faces Lawsuit Over Company Hit by US-Iran Sanctions
Wedoany.com Report-Nov 18, The energy trader seeking to buy UK gas assets from Shell Plc and Exxon Mobil Corp. was sued over allegations that he diverted money from an Iranian petrochemical company th...
Oil And Gas Contract Value Decrease In Q3 2024
Wedoany.com Report-Nov 18, Global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value, dropping from $55.3bn in the second quarter (Q2) of 2024 to $35.7bn in Q...
USA EIA Lowers 2025 Oil Price Forecast
Wedoany.com Report-Nov 16, The U.S. Energy Information Administration (EIA) lowered its Brent spot average price forecast for next year in its latest short term energy outlook (STEO), which was releas...
Election Euphoria Ends For Oil Prices
Wedoany.com Report-Nov 16, The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand centered around Chi...
Texas Oil Regulator Now Has More Than 83 Million Records Online
Wedoany.com Report-Nov 15, In a statement posted on its website recently, the Texas Railroad Commission (RRC) said it now has 83.4 million oil and gas records that can be searched and viewed online fr...
IEA Says Global Oil Market Faces a Million-Barrel Glut Next Year
Wedoany.com Report-Nov 15, Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East ...
Bourbon Logistics Wins Contract With Oil And Gas Major Operator In Namibia
Wedoany.com Report-Nov 15, Bourbon announced that it has been awarded a new fully integrated logistics contract by an oil & gas major operator to support its exploration campaign and the drilling of i...
Caterpillar Oil & Gas Announces New CCV System To Reduce Engine Methane Emissions Up To 20%
Wedoany.com Report-Nov 15, Caterpillar Oil & Gas has announced the launch of the Cat® Closed Crank Ventilation (CCV) System, a technology designed to eliminate the venting of crankcase gases, comm...
Oil Settles on Moderate Gains Amid Mixed Middle East Signals
Wedoany.com Report-Nov 14,Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East against the pr...
Oil & Gas Decarbonization Charter Publishes Baseline Report To Track Progress On Emissions Reductions
Wedoany.com Report-Nov 14, The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by th...