Russia’s Oil Exports From Its Western Ports Set to Rise 5% in April, Sources Say
Wedoany.com Report-Mar 26, Russias daily oil exports from its western ports are set to rise by some 100,000 barrels per day to 1.97 million bpd in April from March as the impact of seasonal domestic r...
Sinopec Reports Slump in Full-Year Profit as Headwinds Mount
Wedoany.com Report-Mar 25, Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak. Sinopecs full-year profit tumbled 16 percent ami...
TechnipFMC Wins Significant iEPCL™ Contract for Equinor’s Johan Sverdrup Phase 3 Offshore Norway
Wedoany.com Report-Mar 25, TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 dev...
Tullow Oil Parting Ways With Oil Assets in Gabon for $300 Million
Wedoany.com Report-Mar 25, Tullow Oil, an independent energy company with operations in West Africa, has inked binding heads of terms agreement for a $300 million net of tax sale of Gabon assets to Ga...
Trump to Hit Venezuelan Oil Buyers With Tariff, Extends Chevron’s Wind Down
Wedoany.com Report-Mar 25, U.S. President Donald Trump on Monday issued an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S., wh...
US Jet Fuel Imports Surge as Nigeria’s Dangote Refinery Pushes Barrels West
Wedoany.com Report-Mar 25, U.S. jet fuel imports are set to hit a two-year high in March after Nigerias Dangote refinery pushed barrels to North America, which should lower prices of the aviation fuel...
Oilfield With 100 Million Tons of Shale Oil Reserve Certified in E.china
Wedoany.com Report-Mar 24, The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the countrys largest oil refiner, said its Jiyang shale gas oilfield has officially passed a review and...
Sinopec’s 2024 Net Profit Plunges 16.8% Due to Falling Oil Prices, NEVs
Wedoany.com Report-Mar 24, China Petroleum & Chemical Corp (600028.SS), known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated devel...
Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says
Wedoany.com Report-Mar 24, Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing secondary sourc...
Exxonmobil Books New Wave Offshore for Work on Its $12.7b Oil Project in Guyana
Wedoany.com Report-Mar 21, ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, has hired New Wave Offshore Energy, a marine assurance and advisory player, to handle marine warranty su...