Category: Oil
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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

Enbridge to Invest $1.39 Billion Until 2028 in Mainline Pipeline

Wedoany.com Report-Mar 10, Enbridge Inc. has earmarked an investment of up to CAD 2 billion ($1.39 billion) until 2028 for a Canada-United States liquids pipeline with a capacity of about 3 million ba...

2025-03-10

Turkiye’s Daily Oil Production Reaches 132,000 Barrels

Wedoany.com Report-Mar 10, Turkiye significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minister Alparslan ...

2025-03-10

Vaalco Energy Acquires 70% Interest in Offshore West Africa Exploration Block

Wedoany.com Report-Mar 8, VAALCO Energy has farmed into the CI-705 block offshore Côte d’Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying inte...

2025-03-08

UK Drafts New Oil Tax Plan to Replace Controversial Windfall After 2030

Wedoany.com Report-Mar 7, The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices ar...

2025-03-07

Tanzania to Launch First Oil and Gas Licensing Round in Over a Decade

Wedoany.com Report-Mar 7, Tanzania aims to start a licensing round for dozens of oil and gas exploration blocks in May, the first in more than a decade for the nation with an estimated 57 trillion cub...

2025-03-07

Ecuador’s President Noboa Demands $1.5 Billion Early Payment for Major Oil Deal

Wedoany.com Report-Mar 7, Ecuador’s President Daniel Noboa has ordered a consortium seeking to take over the nation’s top oil asset to pay an entry fee of $1.5 billion by March 11, moving ...

2025-03-07

Mexico President Says Problems With Salt Content in Crude Oil Solved

Wedoany.com Report-Mar 7, Mexican President Claudia Sheinbaum said on Thursday that problems with a higher-than-usual content of salt in the crude oil that state energy company Pemex pumps and exports...

2025-03-07