Category: Oil
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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...

2025-03-24

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...

2025-03-24

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...

2025-03-21

Shell Aims to Bring Gas From Venezuela to Trinidad in 2026, Sources Say

Wedoany.com Report-Mar 21, Shell Plc (SHEL.L), is aiming to begin producing natural gas at Venezuelas Dragon gas field and exporting it to neighboring Trinidad and Tobago in 2026, a year ahead of the ...

2025-03-21

Planned Turnaround Ongoing at Phillips 66’s Wood River Refinery, IIR Says

Wedoany.com Report-Mar 21, Phillips 66s (PSX.N), 356,500 barrel-per-day Wood River refinery is undergoing a turnaround, research company IIR Energy said on Thursday. A general view of the Phillips 66 ...

2025-03-21

Russia’s Rosneft Reports 14.4% Drop In 2024 Net Profit

Wedoany.com Report-Mar 21, Russias largest oil producer Rosneft (ROSN.MM), on Thursday reported a 14.4% slump in 2024 net profit to 1.08 trillion roubles ($12.71 billion). A view shows a board with th...

2025-03-21

Trump Administration to Open More Alaska Acres for Oil, Gas Drilling

Wedoany.com Report-Mar 21, U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining ...

2025-03-21

Vitol to Acquire Stakes in Eni Assets in Africa for $1.65B

Wedoany.com Report-Mar 20, Eni SpA has agreed to bring in Vitol as a partner in several producing and undeveloped oil and gas assets in Cote d’Ivoire and the Republic of the Congo. Eni agreed to...

2025-03-20

Jadestone Energy: Submission of Field Development Plan for Vietnam Assets

Wedoany.com Report-Mar 20, Jadestone Energy plc (AIM:JSE) (the Company and together with its subsidiaries, Jadestone or the Group), an independent upstream production and development company focused o...

2025-03-20

Rex Confirms Resource Estimate for Oilfield Redevelopment Offshore Benin

Wedoany.com Report-Mar 20, Singapore’s Rex International Holding Limited has disclosed the updated results of an independent qualified person’s report (QPR) for its oilfield off the coast ...

2025-03-20