China’s Independent Oil Firms Elbow Into Iraq’s Majors-Dominated Market
Wedoany.com Report-Aug. 4, Chinas independent oil companies are significantly increasing their investments in Iraq, a major OPEC producer, with plans to double their output to 500,000 barrels per day ...
Fugro Picks up Survey Contracts for UAE Field Developments
Wedoany.com Report-Aug. 3, Fugro, a Netherlands-based company, has been awarded multiple contracts to conduct offshore and onshore site surveys in the United Arab Emirates, supporting two major energy...
Canada’s Imperial Oil Posts Lower Quarterly Profit; Announces First Production From Renewable Diesel Plant
Wedoany.com Report-Aug. 2, On Friday, Imperial Oil, a Calgary, Alberta-based oil producer, reported a decrease in second-quarter profit, primarily due to lower crude oil prices and reduced refinery th...
India Buys Record Amount of Soybean Oil From China
Wedoany.com Report-Jul. 31, Indian importers have purchased a record 150,000 tonnes of soybean oil from China in an unusual trade shift, driven by a surplus in the Chinese market. According to four tr...
Mexico Exports 39% Less Crude Oil in June, Lowest Level in Decades
Wedoany.com Report-Jul. 30, In June, Mexicos state-owned oil company, Pemex, experienced a 39% decrease in crude oil exports compared to the previous year, marking the lowest export level in decades, ...
Valeura Energy Strikes a Deal With Pttep to Expand Its Thai Oil & Gas Footprint
Wedoany.com Report-Jul. 28, Canada-based Valeura Energy has entered into a farm-in agreement with Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) to acquire a 40% intere...
Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes
Wedoany.com Report-Jul. 24, On Wednesday, Changqing Oilfield, China’s largest oil-and-gas field, reported a daily shale oil production of 10,006 tonnes, marking a significant milestone in the co...
US Became Net Exporter of Crude to Nigeria for the First Time, EIA Says
Wedoany.com Report-Jul. 23, In February and March 2025, the United States became a net exporter of crude oil to Nigeria, driven by changes in regional demand and supply, according to the U.S. Energy I...
First Oil Flows From Chinese Major’s Bohai Sea Shallow Water Asset
Wedoany.com Report-Jul. 22, CNOOC Limited, a subsidiary of China National Offshore Oil Corporation, has commenced production at the Kenli 10-2 Oilfields Development Project (Phase I) in the southern B...
Perenco Completes Acquisition of Woodside’s Greater Angostura Stakes
Wedoany.com Report-Jul. 15, Woodside Energy Group Ltd. sold its Greater Angostura oil and gas assets in Trinidad and Tobago to Perenco Group for AUD 206 million ($135.18 million). The deal includes st...