Category: Oil
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Forum Of Oil And Gas Operators Reports Early Success In Tackling Subsea Challenges

Wedoany.com Report-Nov 23, An influential forum of oil and gas operators with a vested interest in subsea operations is tackling the challenges of ageing offshore infrastructure through cross-indust...

2024-11-23

Saudi Arabia’s Rating Upgraded by Moody’s for the First Time

Wedoany.com Report-Nov 23, Saudi Arabia’s sovereign rating was upgraded by Moody’s Ratings for the first time since the company first assessed the kingdom in 2016. The ratings company took...

2024-11-23

Gunvor’s Rotterdam Oil Refinery Joins List of European Shutdowns

Wedoany.com Report-Nov 23, Gunvor Group is temporarily halting its Rotterdam oil refinery because it’s not making enough money, the latest sign that the continent’s plants are struggling t...

2024-11-23

Suncor’s ‘Rock Star’ Firebag Oil Sands Site Hits Output Record

Wedoany.com Report-Nov 23, Suncor Energy Inc.’s crude output from wells in Alberta rose to a record in October on gains at the Firebag oil sands site, which the producer’s chief executive ...

2024-11-23

At a Climate Conference in Oil Country, Progress Remains Elusive

Wedoany.com Report-Nov 23, Over the past two weeks, the Baku Olympic Stadium in Azerbaijan has served as a temporary Thunderdome for the United Nations’ COP29 climate conference. Some 20,000 del...

2024-11-23

Abu Dhabi’s Adnoc Is Said to Consider Selling Stake in Gas Unit

Wedoany.com Report-Nov 23, The United Arab Emirates’ state energy company is weighing plans to sell a further stake in its gas business, according to people familiar with the matter. Abu Dhabi N...

2024-11-23

US Probes JPMorgan’s Ties to Iranian Oil Kingpin’s Hedge Fund

Wedoany.com Report-Nov 23, The US Treasury Department is examining JPMorgan Chase & Co.’s relationship with a hedge fund that’s said to be part of a network overseen by Iranian oil trader ...

2024-11-23

Kuwait to Spend Over $30 Billion to Boost Oil in Bet on Demand

Wedoany.com Report-Nov 22, Kuwait Petroleum Corp. plans to spend about 10 billion dinars ($33 billion) over five years to ramp up oil production capacity, betting on robust demand for decades to come....

2024-11-22

Petrobras to Pay Up to $55 Billion in Dividends Through 2029

Wedoany.com Report-Nov 22, Petroleo Brasileiro SA plans to pay as much as $55 billion in dividends through 2029 as part of its five-year business plan in a pledge to continue returning cash to investo...

2024-11-22

Exxon Pledges $200 Million to Expand Advanced Recycling in Texas

Wedoany.com Report-Nov 22, Exxon Mobil Corp. announced plans to more than triple its so-called advanced-plastics recycling capacity in Texas in a move that pushes back against a lawsuit by California ...

2024-11-22