Iraq Declares Discovery of Huge Oil Field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil field Wedoany.com Report-Jan 21, Mohammed Yassin Hassan, director general of the compan...
Trump Says He’ll Fill US Strategic Oil Reserve ‘Right to the Top’
Wedoany.com Report-Jan 21, President Donald Trump said he plans to fill the US’s strategic oil reserve right to the top after it reached lows not seen since the 1980s under President Joe Biden....
New Oil Well Bolsters Libya’s Production Capacity
Libya’s AGOCO Expands Output with New Sarir Well Wedoany.com Report-Jan 21, The Arabian Gulf Oil Company (AGOCO), a subsidiary of Libya’s National Oil Corporation, has successfully activat...
Akakus Company Records Highest Crude Oil Production Rate in Seven Years.
Wedoany.com Report-Jan 20,Akakus Oil Company recorded yesterday the highest crude oil production rate, which it has not recorded in seven years, as its production reached 306,000 barrels per day. The...
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...
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 ...
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...
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,...
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...
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...