More Time for UK Operator to Breathe Life Into Two North Sea Oil Discoveries
Wedoany.com Report-Jun 22, UK-based oil and gas company Orcadian Energy has secured an extension for Phase B of its P2482 license, allowing continued development of the Elke and Narwhal oil discoverie...
China Builds a Crude Oil War Chest Amid Middle East Tensions
Wedoany.com Report-Jun 17, Chinas crude oil stockpiles continue to grow as the nation refines less than its combined imports and domestic production, maintaining its position as the worlds largest oil...
China’s May Refinery Throughput at 9-Month Low on Plant Overhauls
Wedoany.com Report-Jun 16, China’s crude oil throughput declined by 1.8% year-on-year in May, reaching its lowest level since August 2023, according to official data released on Monday. The Nati...
PSC Extension Secured for Totalenergies’ Angolan Deepwater Block
Wedoany.com Report-Jun 13, TotalEnergies and its partners have signed an extension to the production sharing contract (PSC) for Block 17, one of Angola’s most productive offshore oil blocks. The...
Chinese Giant Augments Hydrocarbon Production as Oilfield Project Goes Live
Wedoany.com Report-Jun 10, China National Offshore Oil Corporation (CNOOC), a state-owned oil and gas company, has commenced production at the Weizhou 5-3 oilfield development project in the South Chi...
Petrobras Makes a Play for Offshore Acreage in Côte D’Ivoire
Wedoany.com Report-Jun 6, Petrobras, Brazil’s state-owned energy firm, has submitted a declaration of interest for offshore exploration blocks in Côte d’Ivoire, on Africa’s wes...
OKEA Makes New Oil Discovery in North Sea’s Brage Field
Wedoany.com Report-May 30, Norwegian energy company OKEA, along with its partners, has confirmed a new oil discovery in the southern part of the Prince prospect at the Brage field in the North Sea. Th...
Port Harcourt Refinery in Nigeria to Shut Down for Maintenance
Wedoany.com Report-May 31, Nigeria National Petroleum Co. Ltd. (NNPC) has temporarily halted operations at the Port Harcourt refinery in Rivers State for planned maintenance and a sustainability asses...
North Atlantic in Talks With Exxonmobil to Buy French Refinery Complex
Wedoany.com Report-May 30, Exxon Mobil Corp. has entered exclusive negotiations with North Atlantic for the potential acquisition of a refining and petrochemical complex in Gravenchon, Normandy, Franc...
Petroecuador Declares Emergency at Ecuador’s Biggest Refinery After Fire Damages
Wedoany.com Report-May 30, Petroecuador, Ecuador’s state-owned oil company, announced a 60-day emergency at the Esmeraldas refinery, the country’s largest, on Thursday, following a fire th...