Exxon Greenlights $6.8 Billion Investment for Hammerhead Project in Guyana
Wedoany.com Report-Sept. 24, Exxon Mobil announced on Monday the approval of funding for its seventh oil development project, named Hammerhead, in Guyana’s Stabroek Block. This milestone moves the c...
China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec
Wedoany.com Report-Sept. 22, China’s Sinopec has launched construction work to upgrade its integrated refining and petrochemical project in Xinjiang, the company announced on Saturday. Sinopec, reco...
Vallourec Awarded OCTG Contract by Petrobras
Wedoany.com Report-Sept. 21, Vallourec has secured a major contract with Petroleo Brasileiro S.A. (Petrobras) for the supply of oil country tubular goods (OCTG) and related services for offshore opera...
Eni, Ghana Pen Agreement to Grow Oil and Gas Production
Wedoany.com Report-Sept. 18, Eni SpA and its Offshore Cape Three Points (OCTP) partners have signed a memorandum of intent with Ghana’s government to expand oil and gas output and pursue sustainable...
EPA Issues Air Permit for Sentinel Midstream’s Proposed Deepwater Oil Export Project
Wedoany.com Report-Sept. 16, The U.S. Environmental Protection Agency (EPA) announced on Monday that it has issued an air permit for Sentinel Midstream’s proposed Texas GulfLink deepwater oil export...
SOCAR Agrees to Buy Oil Refiner Italiana Petroli, Sources Say
Wedoany.com Report-Sept. 16, Italiana Petroli’s founding Brachetti-Peretti family has agreed to sell the oil refiner to the State Oil Company of Azerbaijan (SOCAR), handing the buyer control of one ...
Baker Hughes Announces €300-Million Investment in Italian Plants
Wedoany.com Report-Sept. 15, Baker Hughes, Inc. (Houston) has announced a plan to invest about €300 million in its facilities and plants in Italy over the next five years. The investment is intended...
Russian Oil Output Rises in August, OPEC Data Shows
Wedoany.com Report-Sept. 12, Russian oil production rose in August to 9.173 million barrels per day, an increase of 50,000 barrels per day compared with July, according to OPEC’s monthly report rele...
Chevron to Boost Vaca Muerta Output to 30,000 Bpd by Year-End
Wedoany.com Report-Sept. 10, Chevron (CVX.N) announced plans to raise oil production in Argentina’s Vaca Muerta shale formation to 30,000 barrels per day by the end of this year, according to Ana Mo...
Congo Signs $23 Billion Hydrocarbon Deal With China’s Wing Wah
Wedoany.com Report-Sept. 8, The Republic of the Congo has signed a $23 billion hydrocarbon development agreement with Chinese oil and gas company Wing Wah for the integrated development of the Banga K...