Category: Oil
Industry Highlights:
More

Canada’s Enbridge to Plan Second Phase of Mainline Oil Pipeline Expansion

Wedoany.com Report-Nov. 8, Enbridge (ENB.TO) announced on Friday that it plans to launch a formal process early next year to assess commercial interest in a second phase of expansion on its Mainline c...

2025-11-08

US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes

Wedoany.com Report-Nov. 8, U.S. energy firms increased oil and natural gas drilling activity this week, marking the third rise in four weeks, according to Baker Hughes’ weekly report released on Fri...

2025-11-08

Petrobras Ramps up Production at Major Oilfield

Wedoany.com Report-Nov. 7, Brazil’s state oil company Petrobras is boosting production at the Buzios deep-water field off Rio de Janeiro, strengthening revenues and supporting higher dividends despi...

2025-11-07

Libya Noc Announces New Oil Find

Wedoany.com Report-Nov. 7, Libya’s National Oil Corporation (NOC) has announced a new oil discovery in the Ghaddams basin. According to a statement posted on its Facebook page this week, the discove...

2025-11-07

Shale Producer EOG Tops Profit Estimates as Output Jumps

Wedoany.com Report-Nov. 7, EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lower crude price...

2025-11-07

TotalEnergies Forecasts Rising Oil Demand Until 2040 as Energy Transition Slows

Wedoany.com Report-Nov. 5, TotalEnergies released its annual energy outlook report on Tuesday, projecting that global oil demand will continue to grow until 2040 before gradually declining. The compan...

2025-11-05

Imperial Sets Quarterly Production Record

Wedoany.com Report-Nov. 4, Imperial Oil Ltd reported average production of 462,000 gross barrels of oil equivalent per day (boepd) in Q3 2025, marking its highest quarterly output in over 30 years. Ke...

2025-11-04

Aramco Q3 Profit Tops Estimates

Wedoany.com Report-Nov. 4, Saudi Aramco reported a surprise rise in third-quarter 2025 profit as higher production offset lower crude prices, ending a multi-year streak of declining earnings. Adjusted...

2025-11-04

Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products

Wedoany.com Report-Nov. 4, Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive said in a re...

2025-11-04

Vallourec Hired for Shell’s Deepwater Project in Brazil

Wedoany.com Report-Nov. 3, French tubular solutions provider Vallourec has secured a major contract with TechnipFMC to supply line pipes for Shell’s deepwater Orca project offshore Brazil. The agree...

2025-11-03