Falcon Oil & Gas Completes Stimulation of Shenandoah Well
Wedoany.com Report-Feb 7, Falcon Oil & Gas Ltd (AIM:FOG, TSX-V:FO) shares soared nearly 20% higher in Friday’s early deals, after it completed the stimulation of its Shenandoah SS-2H ST1 well in...
China Oil Teapots Cut Run Rates to Pandemic Levels
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply. Wedoany.com Repo...
Production Begins in Mega Metamorphic Rock Oilfield in China’s Bohai Sea
Wedoany.com Report-Feb 7, The first phase of Bozhong 26-6 oilfield, by far the largest metamorphic rock oilfield in the world, commenced production on Friday. The development project of the Bozhong 26...
Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. Wedoany.com Report-Feb 7, Oil prices rose marginally in Asian trade on Friday but were on track for a thi...
Ecopetrol Pressured to Sell U.S. Shale Venture by Colombia’s Leader
Wedoany.com Report-Feb 7, Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the U.S., citing his government’s position agai...
US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. Wedoany.com Report-Feb 7, Growth in oil output from the U.S. Pe...
Trans Mountain Says Projects Could Expand Pipeline Capacity by 300,000 Bpd
Canadian pipeline operator Trans Mountain is looking at expansion projects in the short and long terms that could add between 200,000 and 300,000 barrels per day (bpd) of capacity to the companys syst...
Singapore Distillates Stocks Surge 13% Despite Higher Net Exports
Wedoany.com Report-Feb 6, Singapores middle distillates stocks rose 13% from last week despite higher net exports, official data showed on Thursday, amid falling 10ppm sulphur gasoil February derivati...
Oil Little Changed as Trump Policies Continue to Weigh on Prices
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. Wedoany.com Report-Feb 6, Oil prices edged up in Asian trading on Thursday after Saudi ...
McDermott Completes East Malaysia Deepwater Project Ahead of Schedule
Wedoany.com Report-Feb 6, U.S.-headquartered offshore engineering and construction player McDermott has completed offshore installation and commissioning activities for a project offshore East Malaysi...