China’s CNOOC Exits U.S. Offshore Oil and Gas
Wedoany.com Report-Apr. 5, British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April 02, 2025, inc...
Canada’s Trans Mountain Pipeline Lowers Forecasts for Amount of Oil It Ships
Wedoany.com Report-Apr. 3, Canada’s Trans Mountain oil pipeline has revised its forecasts downward for oil volumes expected to flow through its system over the next three years, according to doc...
Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target
Wedoany.com Report-Apr. 3, Mexico has adjusted its crude oil production forecast for 2025, reducing the estimate by 129,000 barrels per day (bpd). The finance ministry announced this change in its pre...
Oil Prices Stabilize Amid Anticipation of New Tariffs
Wedoany.com Report-Apr. 2, Oil prices held steady on Wednesday after thin trading, following a drop on Tuesday driven by worries over potential new U.S. tariffs. These tariffs, set to be detailed late...
Oil Prices Steady as Market Awaits Fresh US Tariffs
Wedoany.com Report-Apr. 2, U.S. oil prices showed some stability after falling earlier in the week amid concerns about new tariffs from President Trump. Brent futures dipped slightly to $74.47 a barre...
Venezuela’s Oil Exports Fall 11.5% Over Us Tariffs and Sanctions, Shipping Data Say
Wedoany.com Report-Apr. 2, Venezuela’s crude oil and fuel exports dropped by 11.5% in March due to new U.S. measures affecting its energy sector. The decline followed Washington’s introduc...
Oil Production Starts at Equinor’s Norwegian Field, Ushering in ‘New Era’ for Barents Sea
Wedoany.com Report-Apr 1, Norwegian state-owned energy giant Equinor has successfully started production at the Johan Castberg field in the Barents Sea, marking a significant milestone in the region. ...
US Oil Production Fell to 11-Month Low in January, Data Shows
Wedoany.com Report-Apr 1, U.S. crude oil production dropped significantly in January 2025, hitting a 13.15 million barrels per day (bpd) level, the lowest since February 2024, according to the U.S. En...
Petrobras Lowers Diesel Prices for First Time in More Than a Year
Wedoany.com Report-Apr 1, Petrobras lowers diesel prices for the first time in over a year, impacting fuel costs in Brazil. The state-run oil company announced a 4.6% cut in diesel prices, reducing th...
USA Crude Oil Inventories Down 3.3MM Barrels Wow
Wedoany.com Report-Mar 31, U.S. commercial crude oil inventories, excluding those in the SPR, decreased by 3.3 million barrels from the week ending March 14 to the week ending March 21, according to t...