Category: Oil
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China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024

Wedoany.com Report-Jan 20, China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monda...

2025-01-20

Algeria: Hydrocarbons - Engine Oil Imports Decline Thanks to Rise in Local Production

Wedoany.com Report-Jan 20, Algerias imports of engine oil have significantly dropped in the past few years thanks to the quality of local production which recorded a substantial increase, because of ...

2025-01-20

Helmerich & Payne Completes Acquisition of KCA Deutag

Wedoany.com Report-Jan 20, Helmerich & Payne, Inc. (H&P or the Company) today announced that it has completed its acquisition of KCA Deutag International Limited (KCA Deutag), establishing a global l...

2025-01-20

Petrol Ex-depot Price Hike: Dangote Refinery Absorbs Logistics Costs for Nationwide Uniform Pricing

Wedoany.com Report-Jan 20, Dangote Refinery has announced a five per cent increase in the ex-depot price of petrol from N899.50 to N950 per litre due to a significant rise in global crude oil prices,...

2025-01-20

Libya Needs $3-4 Billion to Boost Oil Production, Bidding Round Expected Soon, Oil Minister Says

Libyas Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in Tripoli, Libya January 18, 2025. Wedoany.com...

2025-01-20

Fuel Tanker Truck Blast Kills at Least 70 in Nigeria

Wedoany.com Report-Jan 20, At least 70 people were killed and more injured in northern Nigeria on Saturday when a petrol tanker truck overturned, spilling fuel that exploded, the countrys national em...

2025-01-20

Amid Improved Output, NUPRC Targets 2.1m Bpd Oil Production in 2025

Wedoany.com Report-Jan 18, Emmanuel Addeh in Abuja the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the agency has set a minimum production target of 2.1 million barrel...

2025-01-19

Valeura Posts Record Oil Production in Q4

Wedoany.com Report-Jan 18, Valeura Energy Inc. has said its oil production average hit a record high in the fourth quarter of 2024, with oil sales surpassing production volumes. The company said in a ...

2025-01-18

Centre Allows Oil, Gas Exploration Near Assam’s Hollongapar Gibbon Sanctuary

Wedoany.com Report-Jan 13, The Standing Committee of the National Board for Wildlife has approved oil and gas exploratory drilling by Vedanta Group’s Cairn Oil and Gas in the eco-sensitive zone ...

2025-01-18

Top Five Reasons Refineries Worldwide Are Embracing Blending of Petroleum Products

Wedoany.com Report-Jan 18, One expression frequently used since the Nigerian National Petroleum Company Limited recommenced operations at the rejuvenated Port Harcourt Refinery last November is &lsquo...

2025-01-18