Category: Oil
Industry Highlights:
More

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

China’s Vast Refining Sector Faces Shakeout as Fuel Demand Peaks

China National Petroleum Corporation (CNPC)s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Wedoany.com Report-Jan 17, Up to 10% of...

2025-01-17

Oil Up, Heads for 4th Weekly Gain as U.S. Sanctions Hit Supply

A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. Wedoany.com Report-Jan 17, Oil prices rose on Friday and headed towards a fourth consecuti...

2025-01-17

Sri Lanka Signs Landmark $3.7bn Deal with Chinese State Oil Giant

Chinese President Xi Jinping (right) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on January 15, 2025. Wedoany.c...

2025-01-17

Dangote Refinery Projects 650,000BPD June, Plans Crude Import

Wedoany.com Report-Jan 17, The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel production ...

2025-01-17

BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says

The company has stopped or paused 30 projects since last June. Wedoany.com Report-Jan 17, BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jo...

2025-01-17

Biden Administration Moves to Protect More of Alaska Refuge From Drilling

Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. Wedoany.com Report-Jan 17, President Joe Bidens administration on Thursday moved to put more of Alask...

2025-01-17