Category: Oil
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Petro-Victory to Acquire Brazil’s Capixaba Energia

Wedoany.com Report-Mar 13, Petro-Victory Energy Corp and BlueOak Investments said they have signed a sale and purchase agreement to acquire onshore Brazilian production firm Capixaba Energia LTDA. The...

2025-03-13

CERAWEEK Turkey to Develop Its Shale Fields With US Producer Continental Resources

Wedoany.com Report-Mar 13, Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir...

2025-03-13

Oil Production Resumes at Chakwal’s Rajian Field After 4.5 Years

Wedoany.com Report-Mar 12, The Oil and Gas Development Company Limited (OGDCL) has successfully resumed crude oil production from previously dormant wells at the Rajian Oil Field in Chakwal district, ...

2025-03-12

CERAWeek 2025: Oil and Gas Revenue Is Fueling a Resilient Economy, Guyana’s President Says

Wedoany.com Report-Mar 12, Day two of CERAWeek by S&P Global held many energetic discussions, with key themes surrounding innovation, energy security, and the global forces shaping the industry. Notab...

2025-03-12

Oil Revival Plan Put Forth by Ecuador’s President Falters Amid Re-Election Effort

Wedoany.com Report-Mar 12, Ecuador President Daniel Noboa’s plan to revitalize the nation’s biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote....

2025-03-12

Deferred Well Plug and Abandonment Could Add $5.5 Billion to UK Decommissioning Bill

Wedoany.com Report-Mar 12, Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for Nor...

2025-03-12

Whitecap Resources and Veren Agree to Merge in $10.4bn Deal

Wedoany.com Report-Mar 11, Canada-based Whitecap Resources and Veren have signed a definitive business combination agreement to create one of the leading producers of light oil and condensate in the c...

2025-03-11

Indonesia to Build Oil Refineries With Total Capacity of 1 Million Bpd, Minister Says

Wedoany.com Report-Mar 11, Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planne...

2025-03-11

BW Energy Discovers Oil on Bourdon Prospect, Offshore Gabon

Wedoany.com Report-Mar 11, BW Energy announced a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu License offshore Gabon. Evaluation of logging data and for...

2025-03-11

Norwegian Firm Quadrupling Its North Sea Oil & Gas Production With Sval Energi Buy

Wedoany.com Report-Mar 10, Norwegian oil and gas operator DNO has set the wheels into motion to augment its hydrocarbon portfolio with the acquisition of Sval Energi, a compatriot company. This move i...

2025-03-10