Oil Prices Climb to 2-Week High on Supply Worries, US Tariffs Check Gains
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. Wedoany.com Report-Feb 12, Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns...
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Wedoany.com Report-Feb 12, Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobagos Molo heavy sour crude, the CEO of the countrys state-owned oil...
New U.S. Metals Tariffs to Drive up Oilfield Equipment Costs, Championx Exec Says
Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. Wedoany.com Report-Feb 12, ChampionX (CHX.O), expects new U.S. import tariffs on steel and aluminium to drive up equipment co...
Petro-Victory, ATO to Acquire 13 Oil Fields in Brazil’s Prolific Potiguar Basin
Wedoany.com Report-Feb 11, Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the Potiguar Bas...
HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand
Wedoany.com Report-Feb 11, State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local fuel demand, ...
BP Tackling Production Decline at ‘Largest and Most Prolific’ Oil Field Offshore India
Wedoany.com Report-Feb 11, UK-headquartered energy giant BP has been hired by India’s state-owned energy giant Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production ...
Oil Gains Nearly 2% Despite Trade War Concerns
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Wedoany.com Report-Feb 11, Oil prices rose nearly 2% on Monday after posting their third straight wee...
Malaysia’s Petronas to ‘Rightsize’ Workforce to Ensure Survival, Reports Say
President and group CEO of Petronas, Tengku Muhammad Taufik attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. Wedoany.com Report-Feb 10, Malaysias state energy firm Petronas...
Oil Ticks Higher as Investors Weigh New US Tariffs
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Wedoany.com Report-Feb 10, Oil prices ticked higher on Monday even as investors weighed U.S. Presiden...
Chevron Says Fading U.S. Crude Growth Casts Pall on Port Projects
The tanker Eagle Seville discharges crude oil at the Port of Corpus Christi in Corpus Christi, Texas, U.S., as seen in this aerial photo taken on Monday, Dec. 27, 2010. Wedoany.com Report-Feb 10, Slo...