Category: Oil
Industry Highlights:
More

China’s Rongsheng Petchem Opens Canada Office, Buys Crude From Suncor

Wedoany.com Report-Mar 27, Chinas Rongsheng Petrochemical (002493.SZ),a major independent refiner, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer ...

2025-03-27

Oil Gains as Industry Report Points to Drop in U.S. Stockpiles

Wedoany.com Report-Mar 27, Oil rose after an industry report signaled a chunky decline in U.S. crude stockpiles, while the market weighed the prospect of a Russia-Ukraine ceasefire in the Black Sea. T...

2025-03-27

Ergon Expanding Crude Processing Capacity at Mississippi Refinery

Wedoany.com Report-Mar 27, Ergon Inc. is undertaking an expansion of processing and production capacities at subsidiary Ergon Refining Inc.’s 26,500-b/d specialty naphthenic base oil refinery in...

2025-03-27

Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January

Wedoany.com Report-Mar 27, Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still down 25% comp...

2025-03-27

Russian Crude Flows Hit Five-Month High While Peace Talks Drag

Wedoany.com Report-Mar 26, Russia’s oil exports rose to a five-month high while U.S.-initiated talks aimed at achieving a ceasefire in the Ukraine conflict drag on. Russia shipped 3.45 million b...

2025-03-26

Ithaca Energy Expects Higher Production in 2025

Wedoany.com Report-Mar 26, North Sea oil and gas company Ithaca Energy (ITH.L),forecast higher 2025 production on Wednesday, encouraged by the recent acquisition of the UK assets of Eni (ENI.MI). Itha...

2025-03-26

Tullow Oil Focuses on Ghana as Part of Debt Reduction Strategy

Wedoany.com Report-Mar 26, Tullow Oil Plc will pump as much as it can from mature assets in West Africa this year as part of plans to bring debt below $1 billion. The company has been chipping away at...

2025-03-26

L&T Secures ‘Ultra-Mega’ Order for Hydrocarbon Biz

Wedoany.com Report-Mar 26, Larsen & Toubro (L&T) announced that its hydrocarbon business, L&T Energy Hydrocarbon (LTEH), has secured its largest-ever Ultra-Mega offshore contract from QatarEnergy LNG ...

2025-03-26

Jadestone Submits Field Development Plan for Vietnam Assets

Wedoany.com Report-Mar 26, Jadestone Energy plc said it has submitted a field development plan (FDP) for the Nam Du / U Minh discoveries offshore southwest Vietnam to state-owned Petrovietnam. The Nam...

2025-03-26

TechnipFMC Wins Big for Third Phase of Norway’s Third-Largest Oil Field

Wedoany.com Report-Mar 26, TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third ...

2025-03-26