ExxonMobil to Lay Off About 250 UK Workers
Wedoany.com Report-Mar 27, Exxon Mobil Corp. will shrink its UK headcount by about 250 positions as the Texas oil giant consolidates its operations in the country. We will continue to have a meaningfu...
Latam Countries Reject U.S. Tariffs on Countries That Buy Venezuelan Oil
Wedoany.com Report-Mar 27, Multiple Latin American countries voiced disagreement on a U.S. government decision to impose tariffs on countries that purchase oil or gas from Venezuela. "We do not agree ...
EIA Projects End of Month Total Distillate Stock Decrease in 2025 and 2026
Wedoany.com Report-Mar 27, In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy Information Administration (EIA) projected that end of month total dis...
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 ...
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...
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...
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...
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...
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...
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...