Oil and Gas

By: Franyi Sarmiento, Ph.D., Inspenet, June 28, 2022.
Oil & Gas Development Company Limited (OGDCL) announced this week good news for the oil industry. The Nim Block joint venture, comprising OGDCL as operator with a 95 percent interest and Government Holdings (Private) Limited (GHPL) with five percent, has discovered oil and gas from the Nim East-1 exploratory well in the Tando Allah Yar district, Sindh province in Pakistan.

By: Franyi Sarmiento, Ph.D., Inspenet, June 24, 2022.
Oil slicks (microscopic ephemeral layers of hydrocarbons floating on the ocean surface) can be of natural or anthropogenic origin. In some cases, hydrocarbons may seep naturally from seafloor oil deposits.

Free translation by: Franyi Sarmiento, Ph.D., Inspenet, June 23, 2022.
APA Corporation announced this week flow test results from the Krabdagu (KBD-1) exploration well in Block 58 offshore Suriname. The block involves APA Suriname and the operator, TotalEnergies (TTE), both with 50% participation.

By: Franyi Sarmiento, Ph.D., Inspenet, June 16, 2022
This week, the Organization of the Petroleum Exporting Countries (OPEC) left its forecast for 2022 oil demand growth largely unchanged at 3.4 million barrels per day (mb/d).

By: Franyi Sarmiento, Ph.D., Inspenet, June 8, 2022.
The Vietnam National Oil and Gas Group (PVN) exceeded the crude oil extraction plan for the first five months of 2022 by more than 22%.

By: Franyi Sarmiento, Ph.D., Inspenet, June 7, 2022.
European stocks rose on Monday helped by miners and luxury stocks as China eased more Covid-19 restrictions, while investors kept an eye on US inflation data and details of the meeting of the European Central Bank this week.

Free translation and writing by: Franyi Sarmiento, Ph.D., Inspenet, May 18, 2022.
The oils have a high yield from derivatives with high added value and have a low sulfur content, which helps make Petrobras more competitive in terms of emission reduction.

By: Franyi Sarmiento, Ph.D., Inspenet, May 17, 2022.
Saudi Aramco posted its biggest profit since its record stock market listing, after oil prices surged following the Russia-Ukraine conflict.

By: Franyi Sarmiento, Ph.D., Inspenet, May 16, 2022.
The consortium between Frontera Energy and GeoPark sold 30,000 barrels of oil produced in the Perico block, according to the most recent information from the oil company.

By: Franyi Sarmiento, Ph.D., Inspenet, May 16, 2022.
The Colombian Chamber of Oil, Gas and Energy Goods & Services (Campetrol), the Colombian Oil and Gas Association (ACP) and the Gente Ecopetrol Foundation organize the 2022 Oil, Gas and Energy Golf Tournament with a sustainable purpose, this Friday, May 20, at the Carmel Club in Bogotá, Colombia.