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...
Afreximbank, JE Energy Sign $100 Million Agreement For Guyana Crude Oil Export Contracts
Wedoany.com Report-Dec 03, African Export-Import Bank has signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favor of oil trader JE Energy Limited to support its contract im...
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
Wedoany.com Report-Nov 5, The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the export hub on...
Reliance Likely To Move Dubai Crude Team To India In Global Trade Rejig
Wedoany.com Report-Oct 25, Indias Reliance Industries Ltd, operator of the worlds biggest refining complex, is restructuring its trading operations, including moving most of its Dubai crude oil tradin...
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level, according to data released Thursd...
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
Wedoany.com Report-Oct 14, Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM100 million. The crude oil cargo of about 300,0...
CNOOC’s Bozhong 19-2 Oilfield Project Starts Production
Wedoany.com Report-Oct 09, China National Offshore Oil Corporation (CNOOC) has commenced production at its Bozhong 19-2 Oilfield Development Project. According to the company, the project is expected ...