Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai
Wedoany.com Report-Dec 17, Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited’s $315 m...
US Sanctions Disrupt Iranian Crude Flows to China, Vortexa Says
Wedoany.com Report-Dec 17,Iranian crude exports to China have been disrupted by broader US sanctions on tankers, according to Vortexa Ltd., squeezing oil flows to the OPEC producer’s most import...
Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Wedoany.com Report-Dec 14,Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil supply in 2025. ...
OPEC Says Russia Made Small Cut to Oil Output in November
Wedoany.com Report-Dec 13,Russias crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on...
OPEC Daily Crude Output up 0.5% in Nov.
Wedoany.com Report-Dec 13,Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to average 26.66 millio...
Indonesia’s Pertamina Has Signed Oil Block Contract -Regulator
Wedoany.com Report-Dec 13,Indonesian state energy firm PT Pertamina has signed a production sharing contract with the government for the countrys second-largest crude producing field, said the head of...
Argentina Hydrocarbon Production Nears Record Highs
Wedoany.com Report-Dec 12,Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output from Vaca Muerta shale formation, which is offsetting declining o...
Oando Raises Oil Production Output by 50%
Wedoany.com Report-Dec 10,Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months. It said the achievement followed the acquisition of Nigerian Agip Oil C...
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 ...
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...