Chevron Takes the Operator Helm at Two Blocks in Namibian Waters
Wedoany.com Report-Feb 8, Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offshore oil and gas...
Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say
Chevron logo is seen in this illustration taken, October 23, 2023. Wedoany.com Report-Feb 8, Chevron (CVX.N), is speeding up its expansion of Kazakhstans Tengiz oilfield, two sources familiar with th...
Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles
Drilling rigs are seen at an oil well operated by Venezuelas state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. Wedoany.com Report-Feb 8, Ven...
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Wedoany.com Report-Feb 8, U.S. energy firms thi...
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...