Category: Oil
Industry Highlights:
More

India’s Reliance Shuts Crude Unit for 21 Days’ Maintenance, Sources Say

Wedoany.com Report-Apr. 9, Reliance Industries, a major player in India’s energy sector, has initiated a 21-day maintenance shutdown at its refinery focused on the domestic market, located in Ja...

2025-04-09

Two Liebherr Cranes Chosen for FPSO New Build, Offshore Angola

Wedoany.com Report-Apr. 8, Liebherr has finalized the sale of two offshore cranes, the RL 2600 and RL-K 2600, to Yinson Production in Singapore. These cranes will serve the Agogo FPSO, a floating prod...

2025-04-08

Azerbaijani Oil Decreases in Price

Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augusta, reaching $68.14 per barrel, accordin...

2025-04-08

Ring Energy Closes Acquisition of CBP Assets From Lime Rock

Wedoany.com Report-Apr. 8, Ring Energy, Inc., a Texas-based company, has finalized its acquisition of Central Basin Platform (CBP) assets from Lime Rock Resources IV LP in the Permian Basin. The deal,...

2025-04-08

China Teapot Oil Refiners Improve Run Rates but Demand Woes, Sanctions Weigh

Wedoany.com Report-Apr. 7, Operating rates at China’s independent oil refiners in Shandong province, often called teapots, have recently increased slightly, reaching 46% capacity in March 2025, ...

2025-04-07

Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low

Wedoany.com Report-Apr. 7, On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four months. This a...

2025-04-07

SLB Lands Major Drilling Contract for Woodside’s Ultra-Deepwater Trion Development

Wedoany.com Report-Apr. 5, SLB secured a significant drilling contract from Woodside Energy, an Australian company, for the Trion ultra-deepwater project located offshore Mexico. SLB will manage the d...

2025-04-05

Equinor Awards NCS Well Plugging Contracts

Wedoany.com Report-Apr. 5, Norwegian energy major Equinor ASA has contracted Island Drilling Company AS to plug wells on Equinor-operated fields on the Norwegian continental shelf (NCS). Equinor said ...

2025-04-05

Shell Completes Singapore Refinery Sale to Chandra Asri-Glencore JV

Wedoany.com Report-Apr 1, Shell has recently completed the sale of its Singapore refinery and refining assets to a joint venture involving Chandra Asri and Glencore. Trade sources indicate that the ne...

2025-04-05

44-Year Old Rig Crosses the Finish Line at Offshore Drilling Job in UAE

Wedoany.com Report-Apr. 5, Ocean Oilfield Integrated Solutions has recently completed an offshore drilling assignment in the United Arab Emirates (UAE), marking the successful conclusion of one of its...

2025-04-05