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…
Explore our content
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…
This week the 2022 Oil, Gas and Energy Golf Tournament will be held in Bogotá
By: Franyi Sarmiento, Ph.D., Inspenet, May 16, 2022. The Colombian Chamber of Oil, Gas and Energy Goods & Services (Campetrol), the Colombian Oil and…
UNAM researchers manage to decontaminate water and recover oil using nanotechnology
By: Franyi Sarmiento, Ph.D., Inspenet, May 13, 2022. Researchers from the Faculty of Higher Studies (FES) Cuautitlán of the National Autonomous University of Mexico,…
Saudi Arabia crude output hit 10.4m b/d in April
By: Franyi Sarmiento, Ph.D., Inspenet, May 12, 2022. The Saudi Arabian government reported that in April this year crude oil production was 10,441,000 barrels…
Petrobras discovers oil in the Campos Basin pre-salt
Free translation and writing by: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 11, 2022. Petrobras reports that it has discovered a new accumulation of oil…