Trio Petroleum Acquires Cash Flow-Positive Oil Assets in Saskatchewan, Canada
Wedoany.com Report-Apr. 14, Trio Petroleum, a California-based oil and gas company, has finalized the purchase of petroleum and natural gas assets from Novacor Exploration in the Lloydminster, Saskatc...
Sinopec, Aramco Sign Agreement for Yanbu Refinery Expansion in Saudi Arabia
Wedoany.com Report-Apr. 14, China Petroleum & Chemical Corporation (Sinopec) and Saudi Arabian Oil Company (Aramco) have signed an agreement to expand the Yanbu Refinery in Saudi Arabia’s Yanbu ...
Oando Pipelines in Nigeria’s Oil-Rich Bayelsa State Hit by Sabotage Attacks
Wedoany.com Report-Apr. 14, Oando Plc, a Nigerian oil producer, reported three incidents targeting its pipelines in Bayelsa state, southern Nigeria, over the past week. The company announced the event...
China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
Wedoany.com Report-Apr. 14, Chinas crude oil imports in March reached 51.41 million metric tons, equivalent to 12.1 million barrels per day (bpd), according to data released by the General Administrat...
Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say
Wedoany.com Report-Apr. 14, Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting the U.S. co...
Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years
Wedoany.com Report-Apr. 14, U.S. shale drilling activity slowed significantly this week, marking the steepest decline in nearly two years, as global trade uncertainties weigh on energy demand forecast...
CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project
Wedoany.com Report-Apr. 14, CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has commenced p...
USA Crude Flows to China Trickle to Near Zero After Tariff Blitz
Wedoany.com Report-Apr. 11, The flow of oil from the United States to China, one of the world’s largest importers, is expected to significantly decrease in 2025 due to escalating trade tensions....
Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say
Wedoany.com Report-Apr. 11, On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venezuelan crude ...
Egypt Raises Fuel Prices for First Time in 2025
On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government’s efforts to reduce fuel subsidies ...