Category: Oil
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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...

2025-02-07

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...

2025-02-06

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 ...

2025-02-06

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...

2025-02-06

Suncor’s Fourth-Quarter Profit Beats on Higher Oil Output, Fuel Sale Volumes

The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019. Wedoany.com Report-Feb 6, Canadas Suncor Energy (SU.TO), opens new tab beat analysts estimates for fou...

2025-02-06

SLB Onesubsea to Deliver Subsea Production Systems for vår Energi, Offshore Norway

Wedoany.com Report-Feb 5, SLB has announced an agreement between its OneSubsea™ joint venture and Vår Energi to deliver a sizeable subsea production systems (SPS) work scope. This award le...

2025-02-05

Shell Starts Production From Penguins FPSO in UK North Sea

Wedoany.com Report-Feb 5, Shell has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility (Shell 50%, operator; NEO ...

2025-02-05

Fuel Oil Rally Expected to Stall as Market Shakes off US-Iran Policy

A boat passes in front of an oil refinery located on Singapores Jurong Island March 28, 2009. Wedoany.com Report-Feb 5, Fuel oil margins climbed after U.S. President Donald Trump reimposed a tougher ...

2025-02-05

Velesto Going after Three Ds – Digitalization, Decarbonization, and Diversification for Enhanced Drilling and Oil & Gas Era

Wedoany.com Report-Feb 5, With the world caught in a vicious circle of geopolitical tensions, high-stakes tariff games, emerging trade wars, climate change woes, and the need to tackle the energy secu...

2025-02-05

Oil Mixed as Trump Restores Pressure on Iran, Tariff Drama Caps Prices

A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. Wedoany.com Report-Feb 5, Oil prices diverged at settlement on Tuesday amid tariff drama be...

2025-02-05