Oil Prices Climb Slightly With Iran Supply, Trade Talks in Focus
Wedoany.com Report-Apr. 21, Oil prices edged higher at the week’s close, driven by positive developments in U.S. trade negotiations and shifting market dynamics. West Texas Intermediate (WTI) cl...
U.S. Crude Production Rose by 2% in 2024, Mostly From Permian, EIA Finds
Wedoany.com Report-Apr. 18, In 2024, U.S. crude oil production increased by 270,000 barrels per day (bpd), reaching an average of 13.2 million bpd, according to the U.S. Energy Information Administrat...
Azerbaijani Oil Moves up in Price
Wedoany.com Report-Apr. 18, The price of Azerbaijan’s Azeri Light crude oil, delivered on a CIF basis to the Italian port of Augusta, rose by $0.88, a 1.28 percent increase, reaching $69.34 per ...
Inaugural Cargo Lifted From FLNG at BP’s African Deepwater Project
Wedoany.com Report-Apr. 18, BP, a UK-based energy company, has successfully loaded its first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore M...
Russia Ramps up Oil Products Supplies to Indonesia
Wedoany.com Report-Apr. 18, Russia has increased its oil product shipments to Indonesia as it seeks new markets for its exports, according to market sources and LSEG data reported on April 17, 2025. T...
Qatar Raises June Term Price for Al-Shaheen Oil, Sources Say
Wedoany.com Report-Apr. 17, QatarEnergy has raised the term price for al-Shaheen crude oil for June-loading cargoes, setting it at a $1.76 per barrel premium above Dubai quotes, according to trade sou...
Hunt for Partners Coming Soon as Brazilian Oil Project’s Cost Estimates Reach up to $1.2b
Wedoany.com Report-Apr. 17, Australia’s Karoon Energy is advancing its Neon oil field project in the Santos Basin, 75 kilometers northeast of the Baúna project off Brazil’s coast. T...
BW Energy Sets Aside $107M to Boost Production From Brazilian Deepwater Field
Wedoany.com Report-Apr. 16, BW Energy, listed in Oslo, has approved the final investment decision for the Golfinho Boost project, targeting an additional 3,000 barrels per day of oil production starti...
Aboitiz Power Unit’s Oil-Fired Plant Disconnected From Grid
Wedoany.com Report-Apr. 16, Aboitiz Power Corporation has completed the disconnection of the 44.640 megawatt (MW) Naga Oil-Fired Power Plant, located at the Naga Power Plant Complex in Naga City, Cebu...
Malaysia Keeps May Crude Palm Oil Export Duty at 10%, Lowers Reference Price
Wedoany.com Report-Apr. 16, Malaysia has set its export tax for crude palm oil at 10% for May, according to a circular published on the Malaysian Palm Oil Board website on Tuesday. The country, the wo...