Oil Little Changed in Thin Trading Ahead of Key OPEC+ Meeting

Wedoany.com Report-Nov 28, Oil was little changed as trading thinned before the US Thanksgiving holiday, with the focus on this weekend’s OPEC+ meeting. West Texas Intermediate was below $69 a b...

2024-11-28

China's Major Shale Oil Base Achieves Annual Output Of Over 1 Million Tonnes

Wedoany.com Report-Nov 27, The output of Chinas first national-level shale oil demonstration zone, located in Xinjiang Uygur Autonomous Region, has exceeded 1 million tonnes so far this year, marking ...

2024-11-27

Alberta Prepares to Fight Trudeau Cap on Oil and Gas Emissions

Wedoany.com Report-Nov 27, Alberta intends to invoke legislation allowing it to defy a federally proposed cap on emissions from the energy industry in opposition to Prime Minister Justin Trudeau. The ...

2024-11-27

2 European Oil Refiners Starting Plants to Make Synthetic Oil

Wedoany.com Report-Nov 27, TotalEnergies SE and OMV AG are close to starting up plants that will make synthetic oil from waste plastic to cut emissions in the production of chemicals. Returning used p...

2024-11-27

OPEC+ Production Cuts May Have Caused Irreparable Rival Supply, Iran Official Says

Wedoany.com Report-Nov 27, OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group...

2024-11-27

Falcon Oil & Gas Commences Drilling Second Well In Shenandoah S2-4h Project

Wedoany.com Report-Nov 26, Falcon Oil & Gas Ltd. has announced the spudding of the Shenandoah S2-4H horizontal well (previously referred to as the SS3H well) in exploration permit 98 in the Beetaloo S...

2024-11-26

OPEC+ Shifts Dec. 1 Oil Policy Meeting Online, Delegates Say

Wedoany.com Report-Nov 26, OPEC+ plans to hold this weekend’s meeting online rather than in-person as originally indicated, delegates said. It’s the third time in a row that the group led ...

2024-11-26

Alberta Looking To “De-risk” Oil, Gas Pipeline Investments Following Trump Victory

Wedoany.com Report-Nov 26, Alberta’s government is looking for ways to encourage pipeline companies to boost capacity and increase the province’s oil and gas export volumes to the United S...

2024-11-26

Big Oil Accelerating Investment in Biofuels: Rystad

Wedoany.com Report-Nov 23, BP PLC, Chevron Corp., Eni SpA, Exxon Mobil Corp., Shell PLC and TotalEnergies SE have announced a total of 43 biofuel production projects with a combined 286,000 barrels pe...

2024-11-23

Conocophillips Completes $22.5 Billion Acquisition Of Marathon Oil

Wedoany.com Report-Nov 23, ConocoPhillips today announced that it has completed its acquisition of Marathon Oil Corporation. This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, addin...

2024-11-23