Oil Prices Climb Slightly With Iran Supply, Trade Talks in Focus
Wedoany.com Report-Apr. 21, Oil prices edged higher at the week’s close, driven by positive developments in U.S. trade negotiations and shifting market dynamics. West Texas Intermediate (WTI) cl...
U.S. Crude Production Rose by 2% in 2024, Mostly From Permian, EIA Finds
Wedoany.com Report-Apr. 18, In 2024, U.S. crude oil production increased by 270,000 barrels per day (bpd), reaching an average of 13.2 million bpd, according to the U.S. Energy Information Administrat...
Azerbaijani Oil Moves up in Price
Wedoany.com Report-Apr. 18, The price of Azerbaijan’s Azeri Light crude oil, delivered on a CIF basis to the Italian port of Augusta, rose by $0.88, a 1.28 percent increase, reaching $69.34 per ...
Inaugural Cargo Lifted From FLNG at BP’s African Deepwater Project
Wedoany.com Report-Apr. 18, BP, a UK-based energy company, has successfully loaded its first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore M...
Russia Ramps up Oil Products Supplies to Indonesia
Wedoany.com Report-Apr. 18, Russia has increased its oil product shipments to Indonesia as it seeks new markets for its exports, according to market sources and LSEG data reported on April 17, 2025. T...
Qatar Raises June Term Price for Al-Shaheen Oil, Sources Say
Wedoany.com Report-Apr. 17, QatarEnergy has raised the term price for al-Shaheen crude oil for June-loading cargoes, setting it at a $1.76 per barrel premium above Dubai quotes, according to trade sou...
Hunt for Partners Coming Soon as Brazilian Oil Project’s Cost Estimates Reach up to $1.2b
Wedoany.com Report-Apr. 17, Australia’s Karoon Energy is advancing its Neon oil field project in the Santos Basin, 75 kilometers northeast of the Baúna project off Brazil’s coast. T...
BW Energy Sets Aside $107M to Boost Production From Brazilian Deepwater Field
Wedoany.com Report-Apr. 16, BW Energy, listed in Oslo, has approved the final investment decision for the Golfinho Boost project, targeting an additional 3,000 barrels per day of oil production starti...
Exxon Consortium to Begin Installation of Floating Oil Facility in Guyana
Wedoany.com Report-Apr. 16, A consortium led by Exxon Mobil, a U.S.-based energy company, is preparing to install its fourth floating production storage and offloading (FPSO) facility, named One Guyan...
Brazilian Oil Field’s FPSO Two Wells Richer With Another Duo Slated for June
Wedoany.com Report-Apr. 16, Brava Energia, a Brazilian energy company formed from the merger of 3R Petroleum and Enauta, has activated two additional wells, 4H and 5H, at the Atlanta field in the Sant...