Category: Oil
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Another oil & gas discovery for Galp in Namibia’s Orange Basin

Santorini drillship; Wedoany.com Report-Feb 25, A significant milestone has been reached in Namibias exploration efforts as Portuguese oil and gas company Galp has discovered light oil and gas-conden...

2025-02-25

CNPC’s Well Shendi Take-1 Reaches 10,910-Meter Milestone

Wedoany.com Report-Feb 25, China National Petroleum Corporation (CNPC) announced on February 20 the successful completion of the Well Shendi Take-1, drilled to a depth of 10,910 meters. This milestone...

2025-02-25

Trump may leverage Chevron to advance Venezuela agenda

Wedoany.com Report-Feb 25, Chevron Corp., a Houston-based oil company, plays a significant role in Venezuela’s economic recovery by boosting the nation’s crude oil production. Operating un...

2025-02-25

Saipem, Subsea7 Announce Merger Plans to Form Saipem7 in Deal Worth Billions

Wedoany.com Report-Feb 25, Saipem and Subsea7 have signed a memorandum of understanding (MoU) to pursue a potential merger, creating a combined company to be named Saipem7. The agreement, announced re...

2025-02-25

Trump Wants Canada’s Keystone XL Oil Pipeline Built ‘Now’

Wedoany.com Report-Feb 25, The Keystone XL oil pipeline, a major energy project that was previously abandoned by its developer, continues to face renewed interest from former President Donald Trump, w...

2025-02-25

OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says

Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Wedoany.com Report-Feb 25, OPEC+ is anticipated to resume ...

2025-02-25

‘BP to Drop Renewable Energy Targets'

Wedoany.com Report-Feb 25, BP is set to pivot its strategy by dropping its ambitious renewable energy targets and refocusing on fossil fuels, according to a report from Reuters. The company had previo...

2025-02-25

Woodside Energy’s Annual Profit Hits 3-Year Low on Weak Oil and Gas Prices

A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. Wed...

2025-02-25

Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion

Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. Wedoany.com Report-Feb 25, On Monday, the American Petroleum Institute (API), a trade group, advocat...

2025-02-25

Shearwater Geoservices Gets Work in Oil-Rich Guyana With Exxonmobil

Wedoany.com Report-Mar 1, Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a contract for a large deepwater 4D OBN reservoir surveillance program by US supermajor Exxon...

2025-02-24