Category: Oil
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Aramco’s Motiva Expands Texas Refinery to Become Largest in US

Wedoany.com Report-Feb 12, Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US. The refinery can now process as much as 654,000 ba...

2025-02-12

China National Petroleum Resumes Crude Production in South Sudan

Wedoany.com Report-Feb 12, Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said. The company, o...

2025-02-12

Libya’s NOC Unveils Self-Reliance

Strategic shift focuses on homegrown technologies Wedoany.com Report-Feb 12, The National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil production and...

2025-02-12

Dangote Refinery Reduces Diesel Price to N1,020/Litre

Wedoany.com Report-Feb 12, Dangote Petroleum Refinery and Petrochemicals says it has reduced the cost of its diesel to N1,020 per litre, down from N1,075 per litre at the gantry price. In a statement ...

2025-02-12

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...

2025-02-12

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...

2025-02-12

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...

2025-02-12

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...

2025-02-11

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, ...

2025-02-11

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 ...

2025-02-11