WoodMac Deems Recent US Oil Find as Gulf of America’s Biggest Discovery in Eight Years
Wedoany.com Report-Sept. 1, Talos Energy has announced a significant oil discovery at the Daenerys prospect in the Walker Ridge area of the Gulf of America, marking a notable achievement in the region...
New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037
Wedoany.com Report-Aug. 31, OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, located 80 ki...
Cenovus to Buy Canadian Oil Sands Producer MEG Energy for $5.7bn
Wedoany.com Report-Aug. 31, Cenovus Energy, a Canadian oil and gas company, has agreed to acquire MEG Energy, an Alberta-based firm specializing in in situ thermal oil production, for approximately C$...
Equinor Taps SLB Onesubsea for All-Electric Subsea System
Wedoany.com Report-Aug. 30, SLB OneSubsea, a joint venture supported by SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement, and construction (EPC) contract from Equinor for the ...
US Oil Production Hit Record High in June, EIA Says
Wedoany.com Report-Aug. 30, The United States achieved a record high in crude oil production in June 2025, with output increasing by 133,000 barrels per day (bpd) to 13.58 million bpd, according to th...
Orlen Signs 12-Month Deal With Equinor for Supply of 15% Oil It Uses
Wedoany.com Report-Aug. 30, Polish refiner Orlen has entered into a one-year agreement with Equinor, a Norwegian energy company, to supply over 6 million tons of crude oil. This contract, announced on...
Phillips 66 to Begin Winding Down Los Angeles-Area Refinery Next Week, Sources Say
Wedoany.com Report-Aug. 29, Phillips 66, a major U.S. oil refiner, will begin shutting down its 139,000-barrel-per-day refinery in the Los Angeles area starting in September 2025, according to sources...
Chinese Giant Expands Its Oil & Gas Footprint in Southeast Asia
Wedoany.com Report-Aug. 27, China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, has strengthened its presence in Asia by securing two exploration blocks in Indonesia. T...
Talos Encounters Oil at Walker Ridge in Gulf of America
Wedoany.com Report-Aug. 26, Talos Energy Inc. reported a successful oil discovery at the Daenerys exploration prospect in the U.S. Gulf of Mexico, specifically in Walker Ridge blocks 106, 107, 150, an...
Israel Approves Revised Development Plan for Leviathan Field
Wedoany.com Report-Aug. 25, Chevron Corp. and its partners have received approval from the Ministry of Energy and Infrastructures for a revised development plan to expand the Leviathan gas and condens...