USA Crude Oil Inventories Drop
Wedoany.com Report-Feb 28, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 2.3 million barrels from the week ending February 14 to the wee...
Brazil’s Ibama Staff Recommend Against Petrobras Drilling in Amazon Region
Wedoany.com Report-Feb 28, On February 26, 2025, technical staff at Brazil’s environmental agency Ibama advised against granting Petrobras authorization to drill in the Foz do Amazonas region, a...
Congress Kills Biden Era Methane Fee on Oil, Gas Producers
Wedoany.com Report-Feb 28, On February 27, 2025, the U.S. Senate voted to approve a resolution reversing a Biden administration policy that introduced a fee on methane emissions. This decision targets...
First in Iraq: AI to Monitor Oil Wells
Wedoany.com Report-Feb 27, Midland Oil Company, a state-operated entity in Iraq, has implemented artificial intelligence to oversee oil wells in the East Baghdad field, marking a pioneering effort in ...
Shale Producer APA Misses Fourth-Quarter Profit Estimates on Weak Prices
Wedoany.com Report-Feb 27, On Wednesday, February 26, 2025, U.S. shale producer APA Corp, based in Houston, reported its fourth-quarter earnings for 2024, falling below Wall Street projections. The sh...
Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. Wedoany.com Report-Feb 27, Oil prices rose slightly on Thursday, recovering from two-month low...
Construction Begins on FSO Bound for Vietnam’s Oil Field
Steel cutting ceremony Wedoany.com Report-Feb 26, Yinson Production, part of Kuala Lumpur-based Yinson Holdings, along with its partners, conducted a steel-cutting ceremony for a floating storage and...
Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019. Wedoany.com Report-Feb 26, On Tuesday, February 25, 2025, Algeria’s state-o...
Mari Petroleum’s Discover New Oil & Gas Reserves in Waziristan
Wedoany.com Report-Feb 25, Mari Petroleum has reported a new oil and gas discovery in Pakistan’s Waziristan Block, marking a positive development for the country’s petroleum sector. The co...
Sonangol Readies Suezmax Orders in South Korea
Wedoany.com Report-Feb 25, Angola’s state-owned oil company, Sonangol, is planning to expand its fleet by ordering new suezmax crude tankers from South Korea. Shipbuilding sources indicate that ...