SBM Offshore FPSO up and Running in Guyana: First Oil Gushes Out of Exxonmobil’s 4th Project
Wedoany.com Report-Aug. 11, SBM Offshore, based in the Netherlands, has launched its new floating production, storage, and offloading (FPSO) vessel, One Guyana, which has begun operations to support E...
Indonesia Exported 22.8 Mln Tonnes of Palm Oil in 2024/25
Wedoany.com Report-Aug. 11, Indonesia’s palm oil exports are expected to decrease to 22.8 million tonnes in MY 2024/25 due to lower demand from key markets like India, China, and the US, combine...
Norway’s Northernmost Oil Field Formally Inaugurated
Wedoany.com Report-Aug. 11, Equinor officially inaugurated the Johan Castberg oil field on August 8. This marks Norway’s northernmost oil development and the third producing field in the Barents...
BP Starts up Argos Extension Project in Gulf of America
Wedoany.com Report-Aug. 9, BP plc has launched the Argos Southwest Extension project in the Gulf of Mexico, marking the first of several planned initiatives in the region through the end of the decade...
Exxonmobil Starts Production at Yellowtail, Offshore Guyana
Wedoany.com Report-Aug. 9, On August 8, 2025, ExxonMobil Guyana commenced operations at the Yellowtail development, its fourth offshore oil project in the Stabroek block, located off the coast of Guya...
India Approves $3.4 Billion Payout to State-Run Refiners for Cooking Gas Losses
Wedoany.com Report-Aug. 9, India’s government approved a 300 billion rupee ($3.4 billion) compensation package for state-owned oil marketing companies to cover losses from providing subsidized c...
China’s July Crude Oil Imports up 11.5% Year-On-Year
Wedoany.com Report-Aug. 8, China’s crude oil imports in July 2025 increased by 11.5% compared to the same month last year, reaching 47.2 million metric tons, or 11.12 million barrels per day, ac...
Key Oilfield Discovered in SW China
Wedoany.com Report-Aug. 5, China Petroleum and Chemical Corp (Sinopec) has announced the discovery of the Fuxing oilfield in the Sichuan Basin, marking the first shale oilfield in Southwest China. Loc...
KBR Wins Feed Contract for Heavy Oil Program in Kuwait
Wedoany.com Report-Aug. 5, KBR has secured a contract to deliver front-end engineering design (FEED) services for Phase 1 of the Kuwait Oil Company’s (KOC) heavy oil program at the South Ratqa f...
India’s Biggest Refiner Buys US, Middle East Crude as Trump Slams Russia Purchases
Wedoany.com Report-Aug. 5, Indian Oil Corporation (IOC), Indias largest refiner, has secured 7 million barrels of crude oil from the United States, Canada, and the Middle East for September delivery, ...