Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer
Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Wedoany.com Report-Feb 5, Canadian pension fund CPP Investments is weighing strategic options, including a sale or initial pub...
Equinor’s Massive Johan Sverdrup Oilfield Hit by Power Outage
A view of the Johan Sverdrup oilfield in the North Sea, January 7, 2020. Wedoany.com Report-Feb 4, Equinors (EQNR.OL), opens new tab Johan Sverdrup oilfield in the North Sea has suffered a power outag...
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before. Wedoany.com Report-Feb 4, OPEC’s oil production edged lower last month fol...
Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension
Wedoany.com Report-Feb 4, Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland...
CNRI, VAALCO Complete Production Phase From Baobab FPSO, West Africa
Wedoany.com Report-Feb 4, VAALCO Energy announced a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project. In ...
OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand
Wedoany.com Report-Feb 4, An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower prices. In a b...
Petrobras’ Total Q4 Production Falls 10.5%, Sales and Exports Also Down
A logo of Brazils state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. Wedoany.com Report-Feb 4, Brazilian state-run oil giant Petrobras (PETR4.SA...
WTI Oil Prices Down as Trump Agrees to Pause Tariffs on Mexico, Canada
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024 Wedoany.com Report-Feb 4,U.S. West Texas Intermediate (WTI) crude prices were down by 1.1%,...
MODEC’s FPSO Staying Five More Years With Petrobras Offshore Brazil
FPSO Cidade de Angra dos Reis; Wedoany.com Report-Feb 3, Brazil’s state-owned oil and gas giant Petrobras has prolonged the assignment of a floating production, storage, and offloading (FPSO) v...
Kazakhstan Considers New Oil Refinery by 2030 to Process 10 Million Tons
Wedoany.com Report-Feb 2, The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan. 21. Energy M...