Oil and Gas
OPEC optimistic about oil demand in 2024
Inspenet, July 16, 2023. OPEC is likely to have a more conservative projection for oil demand growth in 2024 compared to growth expectations for…
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Oil and Gas
The world cannot and will not live without oil according to OPEC
Inspenet, July 15, 2023. The current president of OPEC, Antonio Oburu Ondo, declared last Wednesday in Vienna that "the world cannot live without oil"…
Oil and Gas
Pemex lost 450,000 barrels of oil after the explosion of its platform
Inspenet, July 10, 2023. Last Saturday, the company Petróleos Mexicanos (Pemex) experienced a decrease in oil production equivalent to approximately a quarter of its…
Oil and Gas
Russia to cut oil exports in August
Inspenet July 9, 2023. In an effort to balance the market, Russia will cut its crude oil exports by 500,000 barrels per day (bpd)…
Oil and Gas
Tragedy at sea! Explosion and fire on Pemex platform leaves 6 injured
Inspenet, July 7, 2023. This morning, the Campeche platform was engulfed in flames and chaos, as a catastrophic explosion rocked the Nohoch-Alfa offshore platform,…
Oil and Gas
India began paying in yuan for some Russian oil imports
Inspenet, July 4, 2023. Some Indian refineries have chosen to pay part of the crude shipments purchased from Russia with yuan. This decision is…
Oil and Gas
Colombia would have gas reserves for eight years if it suspends exploration
Inspenet, July 2, 2023. Colombia has gas reserves for eight years if it were to suspend exploration and production. This is confirmed by Vanti,…
Oil and Gas
Saudi Arabia will reduce oil supplies to the US
Inspenet, June 30, 2023. Saudi Arabia, the world's top oil exporter, has announced that it will cut its crude supplies to the United States…
Oil and Gas
MinerBeast: the platform that will benefit oil and gas operators
Inspenet, June 29, 2023. MinerBeast is at the forefront of helping oil and gas companies profit from their wasted gas, turning polluting emissions at…
Oil and Gas
Natural gas in the Black Sea: OMV Petrom announces exploitation of the largest field
Inspenet, June 28, 2023. OMV Petrom and its associated company Romgaz announced their intention to exploit the largest natural gas field in the Black…
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