Crescent Energy Nears Deal for US Shale Peer Vital Energy, Sources Say
Wedoany.com Report-Aug. 25, Crescent Energy, a U.S. energy company, is in advanced discussions to acquire Vital Energy, a smaller firm, sources familiar with the matter reported on Friday, August 22, ...
Aker BP Declares Significant Discovery in Norway’s Yggdrasil
Wedoany.com Report-Aug. 21, Aker BP ASA announced on Thursday an oil discovery estimated at 96–134 million barrels of oil equivalent (MMboe) in the Yggdrasil area of the North Sea, offshore Norw...
Kuwait Launches Major Oil Lake Remediation Project With Chinese Firm Jereh
Wedoany.com Report-Aug. 21, Kuwait has launched a large-scale environmental cleanup initiative as the first unit of an oil lake crude recovery project, led by China’s Jereh Group, successfully c...
US Firm Hits Oil Pay in Gulf of America With Seadrill Rig Exploration & Production
Wedoany.com Report-Aug. 21, Talos Energy, a Houston-based energy company, has announced a new oil discovery at the Daenerys exploration prospect in the Gulf of America, within Walker Ridge blocks 106,...
Initial Well Production Exceeds Expectations at Australian Offshore Oil Field
Wedoany.com Report-Aug. 21, Jadestone Energy, a Singapore-based oil and gas company listed on AIM, has announced successful initial flow testing results from the Skua-11ST development well at the Mont...
Indiana’s BP Refinery Restarts After Severe Flooding
Wedoany.com Report-Aug. 21, BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, the largest in the U.S. Midwest, began restarting operations on August 20, 2025, following disruptions cause...
Buzios7 Production Platform Sets Petrobras Record
Wedoany.com Report-Aug. 20, Petrobras, Brazil’s state-owned oil company, announced that the floating production, storage, and offloading vessel (FPSO) Almirante Tamandare, operating in the Buzio...
Iraq Signs Agreement With Chevron on Oil Exploration Projects, Prime Minister Says
Wedoany.com Report-Aug. 20, On August 19, 2025, in Baghdad, Iraq, the Iraqi Oil Ministry finalized an agreement in principle with U.S.-based Chevron for the Nassiriya oil project, as announced by Prim...
Saipem Sheds Light on Its Part in Early Start-up of Exxonmobil’s Oil Project Offshore Guyana
Wedoany.com Report-Aug. 19, Saipem, an Italy-based engineering and construction services company, has collaborated with ExxonMobil to initiate production at the Yellowtail oil field on Guyana’s ...
China Still Storing Crude Oil Even as Refinery Runs Rise
Wedoany.com Report-Aug. 18, In July 2025, China’s refineries increased processing rates but maintained a crude oil surplus of 530,000 barrels per day (bpd), driven by robust imports and domestic...