Trendsetter Bags Contract From Major US Gulf Operator
Wedoany.com Report-Aug. 2, Trendsetter Engineering Inc., based in Houston, Texas, has been awarded a contract to supply four 15K horizontal subsea tree systems, along with associated tooling and insta...
Canada’s Imperial Oil Posts Lower Quarterly Profit; Announces First Production From Renewable Diesel Plant
Wedoany.com Report-Aug. 2, On Friday, Imperial Oil, a Calgary, Alberta-based oil producer, reported a decrease in second-quarter profit, primarily due to lower crude oil prices and reduced refinery th...
Mexico Exports 39% Less Crude Oil in June, Lowest Level in Decades
Wedoany.com Report-Jul. 30, In June, Mexicos state-owned oil company, Pemex, experienced a 39% decrease in crude oil exports compared to the previous year, marking the lowest export level in decades, ...
First Oil & Gas Flows From US Gulf Deepwater Project
Wedoany.com Report-Jul. 29, Beacon Offshore Energy, a Texas-based exploration and production company, has commenced oil and natural gas production at its Shenandoah deepwater project in the Gulf of Am...
Thailand’s PTTEP Buys 50% of Offshore Gas Block From Chevron for $450 Million
Wedoany.com Report-Jul. 29, Thai oil and gas company PTT Exploration and Production (PTTEP) announced a $450 million deal to acquire a 50% stake in Block A-18, located in the Malaysia-Thailand Joint D...
Valeura Energy Strikes a Deal With Pttep to Expand Its Thai Oil & Gas Footprint
Wedoany.com Report-Jul. 28, Canada-based Valeura Energy has entered into a farm-in agreement with Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) to acquire a 40% intere...
Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes
Wedoany.com Report-Jul. 24, On Wednesday, Changqing Oilfield, China’s largest oil-and-gas field, reported a daily shale oil production of 10,006 tonnes, marking a significant milestone in the co...
US Became Net Exporter of Crude to Nigeria for the First Time, EIA Says
Wedoany.com Report-Jul. 23, In February and March 2025, the United States became a net exporter of crude oil to Nigeria, driven by changes in regional demand and supply, according to the U.S. Energy I...
First Oil Flows From Chinese Major’s Bohai Sea Shallow Water Asset
Wedoany.com Report-Jul. 22, CNOOC Limited, a subsidiary of China National Offshore Oil Corporation, has commenced production at the Kenli 10-2 Oilfields Development Project (Phase I) in the southern B...
China Refining Output Rebounds to Strongest Since 2023
Wedoany.com Report-Jul. 15, In June 2025, China’s crude oil refining output reached over 15.2 million barrels per day, the highest since September 2023, according to national statistics bureau d...