Category: Oil
Industry Highlights:
More

Prosafe Signs $109 Million Contract Extension With Petrobras for Offshore Brazil Work

Wedoany.com Report-Jan 13, Prosafe has signed a contract extension with Petróleo Brasileiro S.A. (Petrobras) for the provision of the Safe Zephyrus semi-submersible vessel for safety and mainte...

2025-01-13

NDDC Seeks Stakeholders’ Cooperation to Develop N’Delta

Wedoany.com Report-Jan 8,The Niger Delta Development Commission (NDDC) has urged stakeholders to unite for the development of the oil-rich region. Its Executive Director of Finance and Administration, ...

2025-01-12

CNOOC Starts Production in Panyu Oilfield Project in South China Sea

Wedoany.com Report-Jan 11,CNOOC Ltd. has put onstream the Panyu 11-12/10-1/10-2 Oilfield Adjustment Joint Development Project in the South China Sea, its first startup announcement in 2025. The state-b...

2025-01-11

Canadian Oil Stocks Rise on Trudeau Resignation

Wedoany.com Report-Jan 11,Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau’s resignation, but analysts say the country’s fossil fuel sector will still...

2025-01-11

Nigeria Imports 31.8m Litres of Petrol Daily to Bridge Local Refining Shortfall

Wedoany.com Report-Jan 6,Nigeria is currently importing about 79.5 per cent or 31.8 million litres of Premium Motor Spirit (PMS), popularly called petrol to bridge local refining shortfall, Daily Sun i...

2025-01-11

Oil Marketers Want FG to Privatise Kaduna, Warri Refineries

Wedoany.com Report-Jan 6,Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatise state-owned refi...

2025-01-11

BP Projects 44 per Cent Jump in Oil Output From India’s Largest Field

Wedoany.com Report-Jan 10, Global energy major BP (BP.L) has pledged to lift oil production by 44 per cent and gas output by 89 per cent from India’s largest field off its west coast, under a de...

2025-01-10

SLB Awarded Multi-Region Deepwater Contracts by Shell to Support Capital-Efficient Energy Development

Wedoany.com Report-Jan 10, Global energy technology company SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its deep- and ultr...

2025-01-10

Asia’s EV Boom Sours Appetite for Nigeria’s Oil

Wedoany.com Report-Jan 10,The growing adoption of electric vehicles (EVs) and liquefied natural gas (LNG) as preferred energy sources in Asia has continued to weaken Nigeria’s crude oil export ea...

2025-01-10

Angola’s Faster February Oil Sales Signal Better Demand in Asia

Wedoany.com Report-Jan 10, The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s supplies still seeking buyers. Only five-...

2025-01-10