Good news for the oil industry: OGDCL announces oil and gas finds in Pakistan
By: Franyi Sarmiento, Ph.D., Inspenet, June 28, 2022. Oil & Gas Development Company Limited (OGDCL) announced this week good news for the oil industry.…
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Researchers use SAR remote sensing methods to identify sources of marine oil pollution
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…
APA Corporation announced the discovery of 180 million barrels of oil in-situ in Suriname
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…
Mexico and the United States in alliance to accelerate energy transition
By: Franyi Sarmiento, Ph.D., Inspenet, June 22, 2022. AMLO and John Kerry met this week to discuss investments from the United States, the energy…
OPEC revises downward forecast for oil demand in the second quarter of 2022
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…
Vietnam exceeded its oil extraction plan
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…
Oil rises to US$ 120 and world stock markets operate on the rise
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…
Petrobras breaks pre-salt oil processing records at its refineries
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…
Saudi Aramco profits rise as oil prices and production rise
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…
Frontera sells first barrels of crude from its operation in Ecuador
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…