Iraq to Reduce Crude Oil Exports in May and June, Official Says
Wedoany.com Report-May 13, Iraq intends to export 3.2 million barrels per day (bpd) of crude oil in May and June, according to an Iraqi official familiar with the matter. This volume represents a nota...
Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says
Wedoany.com Report-May 13, Mexico’s state-owned oil company, Pemex, expects to decrease crude oil exports this year as it directs more supply to domestic refineries, particularly the new Olmeca ...
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
Wedoany.com Report-May 12, China, the world’s largest crude oil importer, reported a slight increase in imports for the first four months of 2025, reaching 11.83 million barrels per day (bpd), a...
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...