Category: Oil
Industry Highlights:
More

FPSO Offshore Brazil Sees First Oil Sooner Than Planned

Wedoany.com Report-Oct 17, While the start of production was initially scheduled for 2025, the FPSO Maria Quitéria working in the Jubarte field produced its first oil on October 15. After a nam...

2024-10-17

Phillips 66 to Shut Oil Refinery, End Gasoline Output in Los Angeles

Wedoany.com Report-Oct 17, Phillips 66 (PSX.N), said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to Californias fuel supply amid complaints about the states ...

2024-10-17

WinGD Launches LPG-Ready Option for Ammonia-Fueled Engine

Named X-DF-P for the propane that is LPG’s primary component, the solution will be released to enable first engine deliveries in 2027. By that time, operators are expected to closely evaluate th...

2024-10-16

Baker Hughes to Supply Equipment for Angolan FPSO Project

Wedoany.com Report-Oct 16, Nasdaq-listed oilfield services major Baker Hughes has been awarded a contract to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho FPSO proje...

2024-10-16

Malaysian Player Adds New Country to Portfolio With Formal Takeover of Totalenergies’ Brunei Operations

Wedoany.com Report-Oct 16,The Malaysian firm officially acquired the entire equity interest in TotalEnergies’ Brunei business, which holds a 37.5% operated interest in the Maharaja Lela/Jamalula...

2024-10-16

Sinopec Says East China Shale Oil Field Pumping at 1,600 Tons a Day

Wedoany.com Report-Oct 16, Sinopec (600028.SS), is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 tons in 2021, the st...

2024-10-16

Conocophillips Seeks to Keep Priority as Creditor in Citgo Auction

Wedoany.com Report-Oct 16, ConocoPhillips (COP.N), has filed a court motion to preserve the U.S. oil producers almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of s...

2024-10-16

Top Aussie Oil and Gas Firm Woodside Lifts Outlook After Record Q3 Production

Wedoany.com Report-Oct 16,Australias top energy firm Woodside (WDS.AX), marginally raised its annual output expectations on Wednesday after record production for the quarter, reflecting a ramp-up at t...

2024-10-16

Exxon Seeks Buyers for Portion of Assets in North Dakota’s Bakken Shale

Wedoany.com Report-Oct 16, Top U.S. oil producer Exxon Mobil Corp (XOM.N), opens new tab plans to sell a portion of its assets in North Dakotas Bakken shale formation, the company told Reuters on Tues...

2024-10-16

TotalEnergies Expects Lower Q3 Results Amid Outages, Shrinking Refining Margins

Wedoany.com Report-Oct 15,French oil major TotalEnergies (TTEF.PA), opens new tab expects its third-quarter downstream results to sharply decrease due to a 65% drop in refining margins in Europe and e...

2024-10-15