Nigerian Oil Firm Secures $200 Million for Domestic Gas Expansion
Wedoany.com Report-Feb 14, A Nigerian oil and gas company, NESGAS Limited, yesterday, said the signing of a $200 million contractor financing agreement with Cakasa Nigeria Limited for the construction...
Trafigura Buying Oil From Brazilian Player’s Santos Basin Field
Wedoany.com Report-Feb 16, Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former’s field...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Storage tanks at the Port of Rotterdam in Rotterdam, Netherlands. Wedoany.com Report-Feb 14, Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its...
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. Wedoany.com Report-Feb 14, Oil prices settled flat on Thursday, paring early losses of...
Drilling on a New Swath of Ultra-Deep Oil Wells in Taklamakan Desert, Starts After Holiday
Photo taken on July 7, 2017, shows Keshen 605 well at the Tarim Oilfield in Aksu, northwest Chinas Xinjiang Uygur Autonomous Region. Wedoany.com Report-Feb 13, Drilling on a new swath of ultra-deep c...
BP Books Singapore Firm for Another Gulf of America-Bound Floating Production Unit
Rendering of BPs Kaskida offshore platform in the Gulf of Mexico Wedoany.com Report-Feb 13, Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has secured a job ahead...
EIA Confirms Turkmenistan’s Rising Oil Reserves
Wedoany.com Report-Feb 13, Turkmenistan continues to strengthen its position as a key energy producer, with proven oil reserves reaching 600 million barrels as of January 1, 2025, according to the lat...
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees Wedoany.com Report-Feb 13, Chevron plans to cut its global workforce by 15 per cen...
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024. Wedoany.com Report-Feb 13, A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for its eighth pr...
East Baghdad Oil Field Reserves Rise to 15 Billion Barrels
Workers adjusting valves in an oil facility in Iraq. Wedoany.com Report-Feb 12, The East Baghdad field, one of the most important oil fields in Iraq, recently had a massive find that increased its re...