America’s Deepwater Project Edging Closer to First Oil as FPS Reaches Gulf Coast
Wedoany.com Report-Feb 28, Texas-based exploration and production player Beacon Offshore Energy, co-owned by ShenHai which is a subsidiary of Israel’s Navitas Petroleum, is closing in on the fir...
Dutch Firm in Charge of Putting Two Offshore Oil Platforms in Place by Mid-May
Wedoany.com Report-Feb 28, Marine Masters, the Netherlands-based salvage, transport, installation, and decommissioning player, has been handpicked to handle the installation works for two offshore wel...
Chevron Nigeria to Sustain Deepwater Oil Exploration in Nigeria
Wedoany.com Report-Feb 28, Chevron Nigeria’s chairman and managing director, Jim Swartz has said, the company is committed to sustainable deepwater oil drilling in Nigeria, and also highlighting...
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...