NIDC Drilling Operations Complete 20 Wells in Two Months
Wedoany.com Report-May 28, The National Iranian Drilling Company (NIDC) successfully completed the drilling of 20 onshore oil and gas wells over a two-month period ending May 21, utilizing its own rig...
Borr Rig Wraps up Gulf of Thailand Job With New Oil Finds for Valeura
Wedoany.com Report-May 28, Canada-based oil and gas company Valeura Energy has concluded a multi-well drilling campaign on Block B5/27 in the Gulf of Thailand, utilizing the Mist jack-up rig provided ...
EnQuest Restarts Production at UK Field After Four-Week Hiatus
Wedoany.com Report-May 28, EnQuest, a London Stock Exchange-listed energy company, has resumed production at its Magnus field in the UK sector of the North Sea following a four-week pipeline system ou...
Saudi Arabia and Kuwait Announce New Oil Discovery in Neutral Zone
Wedoany.com Report-May 27, Saudi Arabia and Kuwait have jointly announced the discovery of oil in the North Wafra Wara-Burgan field, located within the neutral zone shared by the two nations, as repor...
Ecuador’s Biggest Oil Refinery Stops Operating as Precaution Due to Fire
Wedoany.com Report-May 27, On Monday, a fire broke out in a fuel oil tank at Ecuador’s largest oil refinery, the Esmeraldas refinery, operated by state-owned Petroecuador. The blaze has been bro...
Petrobras and Partners Draw First Oil From Mero-4 Project in Santos Basin
Wedoany.com Report-May 26, Petrobras and its Libra block partners have successfully started oil production at Mero-4, the fourth phase of the Mero field in Brazil’s Santos Basin, using the Alexa...
Iraq and China’s Geo-Jade Sign Deal for Tuba Oilfield Expansion
Wedoany.com Report-May 26, Iraq has entered into an agreement with a consortium led by China-based Geo-Jade Petroleum Corp and Basra Crescent to advance an integrated energy project at the Tuba oilfie...
US Crude Oil Storage Demand Surges as Traders Brace for OPEC+ Price War
Wedoany.com Report-May 23, U.S. crude oil storage demand has increased significantly in recent weeks, reaching levels not seen since the COVID-19 pandemic, according to data from storage broker The Ta...
Phillips 66’s Los Angeles Refinery Layoffs to Begin in December, Sources Say
Wedoany.com Report-May 23, Phillips 66 is expected to begin workforce reductions at its Los Angeles-area refinery in December, according to sources familiar with the matter. The refinery, which has a ...
U.S. Says There Are Significant Undiscovered Oil and Gas Resources in Wyoming
Wedoany.com Report-May 22, On May 21, 2025, the U.S. Interior Department announced a federal assessment by the U.S. Geological Survey (USGS) identifying substantial undiscovered, technically recoverab...