Mexico’s Pemex Aims to Reopen Wells to Boost Falling Oil Output, Documents and Sources Say
Wedoany.com Report-May 9, Mexico’s state energy company, Pemex, is planning to reactivate closed wells to increase oil production, according to internal documents and four sources familiar with ...
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
Wedoany.com Report-May 8, On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million) in 2025, acco...
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
Wedoany.com Report-May 7, ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulatory Commission (...
Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows
Wedoany.com Report-May 7, Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing released this w...
Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing
Wedoany.com Report-May 7, On Tuesday, the Norwegian parliament directed the Labour minority government to initiate a new licensing round for oil and gas exploration in frontier areas, paving the way f...
BW Energy Greenlights Maromba Field Development, Offshore Brazil
Wedoany.com Report-May 6, BW Energy has finalized its investment decision for the Maromba field development offshore Brazil, located 100 km off the coast in the Campos Basin. The project, targeting 50...
With Brazilian Oil Project Approved, BW Energy Sets Sights on Doubling Output by 2028
Wedoany.com Report-May 6, BW Energy, an Oslo-listed oil and gas exploration and production company, has approved the final investment decision for the Maromba field development in the Campos Basin, lo...
House Committee Proposes Changes to Boost US Oil, Coal on Federal Lands
Wedoany.com Report-May 6, On Tuesday, the House Natural Resources Committee will review proposed changes to U.S. oil and gas drilling programs as part of a budget reconciliation bill. The plan include...
Mexico’s Olmeca Refinery Will Restart and Halt Was ‘Nothing Serious,’ President Says
Wedoany.com Report-Apr. 30, Mexico’s Olmeca refinery, located at the port of Dos Bocas, is prepared to resume production following a temporary outage, President Claudia Sheinbaum announced durin...
Petrobras Posts Slight Drop In First-Quarter Oil and Gas Output
Wedoany.com Report-Apr. 30, Petrobras, Brazil’s state-run oil company, reported its first-quarter production results, achieving a daily output of 2.77 million barrels of oil equivalent (boed) fo...