$2.7 Billion Investment Propels CNOOC’s Daxie Refinery to New Heights
Wedoany.com Report-Mar 6, China National Offshore Oil Company is set to launch an upgraded refinery complex on Daxie Island in Ningbo, following a substantial investment of 20 billion Yuan ($2.7 billi...
Oil Field’s Production Ramp-up on the Horizon as Petrobras Welcomes New FPSO
Wedoany.com Report-Mar 6, Brazil’s state-owned oil and gas giant Petrobras has welcomed a floating production, storage, and offloading (FPSO) vessel owned by the Netherlands-based SBM Offshore t...
CNOOC Achieves Major Breakthrough in Exploration of Buried Hills in Beibu Gulf Basin
Wedoany.com Report-Mar 6, CNOOC Limited (the Company, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that it has made a major breakthrough in the exploration of Paleoz...
Kazakhstan Reveals Plans to Enhance Oil, Gas Output With New Projects in 2025
Wedoany.com Report-Mar 6, Kazakhstan aims to produce 96.2 million tons of oil and gas condensate in 2025, said Energy Minister Almassadam Satkaliyev during a government meeting. The minister highlight...
Fire Breaks Out at Oil Refinery in Azerbaijan’s Capital Baku
Wedoany.com Report-Mar 5, A fire broke out at an oil refinery in Azerbaijan’s capital Baku, the country’s emergency services said on Wednesday. A statement by the Emergency Situations Mini...
Fluor Leads JV to Successful Tengiz Oil Field Completion, Startup
Wedoany.com Report-Mar 5, Fluor Corporation has successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oil...
US Orders Wind down of Chevron’s Oil Exports From Venezuela
Wedoany.com Report-Mar 5, The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N),since 2022 to operate in Venezuela and export its o...
Odfjell Drilling Rig Finds More Gas/Condensate Offshore Norway
Wedoany.com Report-Mar 4, Norwegian state-owned energy giant Equinor has made a new hydrocarbon discovery off the coast of Norway, using a semi-submersible rig owned by Odfjell Drilling, an offshore d...
China Discovers 180 M Tonne Shale Oil Reserves
Wedoany.com Report-Mar 4, Sinopec, Chinas largest oil refiner, on Monday announced the discovery of two major shale oilfields in the east of the country with combined proven reserves of 180 million to...
Libya Announces First Bidding Round for Oil Exploration in 17 Years
Wedoany.com Report-Mar 4, Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a televised...