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...
CNOOC starts production on two oilfield projects offshore China
Wedoany.com Report-Dec 03, CNOOC says the Huizhou 26-6 oilfield development in the Pearl River Mouth Basin and the Jinzhou 23-2 oilfield project in the Bohai Sea will achieve peak production in 2027. ...
Oil Prices Steady Amid Dollar Strength and OPEC+ Concerns
Wedoany.com Report-Dec 03, Oil steadied as strength in the US dollar and lingering concerns that OPEC+ won’t delay its production hike undercut signs of a gradual recovery in China’s econo...