BP Beats Estimates Despite Lower Oil Prices
Wedoany.com Report-Oct 29 ,FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter. On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net ...
Markets ‘Far Too Bearish’ On Oil, Eric Nuttall Says As Crude Tumbles
Wedoany.com Report-Oct 29 ,Benchmark oil prices fell by more than five per cent in midday trading on Monday, but one oil bull says energy markets should recover and stabilize within a few days. Eric N...
Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data
Wedoany.com Report-Oct 29, Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and upcoming US e...
Trans Mountain To Shut Puget Sound Pipeline For Maintenance In November
Canadian-government owned oil pipeline operator Trans Mountain on Friday said it will shut the Puget Sound Pipeline from Laurel to Anacortes, Washington, for about seven days in mid-November to conduc...
US Seeks Up To 3 Million Barrels Of Oil For Emergency Reserve
Wedoany.com Report-Oct 29,The U.S. on Monday said it is seeking up to 3 million barrels of oil for the Strategic Petroleum Reserve for delivery through May next year, a purchase that would leave the g...
China Aviation Oil Seeks Nov Jet Fuel Deliveries To China In A Rare Move, Sources Say
Wedoany.com Report-Oct 29,China Aviation Oil (CNAO.SI), a subsidiary of state-owned China National Aviation Fuel Group, is seeking to buy two cargoes of jet fuel for November delivery into Shanghai an...
UAE Become Top Destination For Saudi Arabia’s Non-oil Goods
Wedoany.com Report-Oct 28, Saudi Arabia’s neighbor UAE was the favorite destination for the Kingdom’s non-oil goods in August, with exports seeing a monthly rise of 10.42 percent to reach ...
Prima Rejuvenating Oilfield Offshore Indonesia
Wedoany.com Report-Oct 28,Prima Energy has kicked off a development drilling campaign aimed at boosting production from its mature Camar field offshore East Java, Indonesia. The Indonesian operator is...
ExxonMobil Is Back In Cyprus
Wedoany.com Report-Oct 28, ExxonMobil’s commitment to the region is proved by its extension to Egypt and Greece and renewed interest in Cyprus It has been over two-and-a-half years since ExxonMo...
Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus
Wedoany.com Report-Oct 28,Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corporation (NOC) ...