Petrobras Enriches Brazilian Offshore Reserves With ‘High-Quality’ Oil Find
Wedoany.com Report-May 12, Brazilian state-owned energy company Petrobras has announced a new oil discovery in the pre-salt Santos Basin, located off Brazil’s southeastern coast. The find was ma...
Kazakhstan Says It Has No Plans to Cut Oil Production This Month
Wedoany.com Report-May 9, Kazakhstan’s Energy Ministry, based in Astana, has announced that the country will maintain its oil production at an average of 277,000 metric tons of crude and condens...
Mexico’s Pemex Aims to Reopen Wells to Boost Falling Oil Output, Documents and Sources Say
Wedoany.com Report-May 9, Mexico’s state energy company, Pemex, is planning to reactivate closed wells to increase oil production, according to internal documents and four sources familiar with ...
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
Wedoany.com Report-May 8, On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million) in 2025, acco...
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
Wedoany.com Report-May 7, ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulatory Commission (...
Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows
Wedoany.com Report-May 7, Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing released this w...
Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing
Wedoany.com Report-May 7, On Tuesday, the Norwegian parliament directed the Labour minority government to initiate a new licensing round for oil and gas exploration in frontier areas, paving the way f...
Dow Finalizes Sale of Soil Fumigation Product Line
Wedoany.com Report-May 6, Dow, headquartered in Midland, Michigan, has finalized the sale of its Telone soil fumigation product to TriCal Soil Solutions, Inc., a prominent distributor and applicator o...
BW Energy Greenlights Maromba Field Development, Offshore Brazil
Wedoany.com Report-May 6, BW Energy has finalized its investment decision for the Maromba field development offshore Brazil, located 100 km off the coast in the Campos Basin. The project, targeting 50...
With Brazilian Oil Project Approved, BW Energy Sets Sights on Doubling Output by 2028
Wedoany.com Report-May 6, BW Energy, an Oslo-listed oil and gas exploration and production company, has approved the final investment decision for the Maromba field development in the Campos Basin, lo...