CNOOC Brings On-Stream Wenchang 9-7 Oilfield Development Project

Wedoany.com Report-Apr. 14, CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Wenchang 9-7 Oilfield Development Project has commenced p...

2025-04-14

Malaysian Palm Tracks Rival Edible Oils Higher

Wedoany.com Report-Apr. 11, On Thursday, palm oil futures in Malaysia surged, recovering from the previous session’s decline, driven by gains in competing edible oils. Data released by the Malay...

2025-04-11

USA Crude Flows to China Trickle to Near Zero After Tariff Blitz

Wedoany.com Report-Apr. 11, The flow of oil from the United States to China, one of the world’s largest importers, is expected to significantly decrease in 2025 due to escalating trade tensions....

2025-04-11

Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say

Wedoany.com Report-Apr. 11, On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venezuelan crude ...

2025-04-11

Egypt Raises Fuel Prices for First Time in 2025

On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government’s efforts to reduce fuel subsidies ...

2025-04-11

Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank

Wedoany.com Report-Apr. 10, At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the game. The event...

2025-04-10

US Refiners Unlikely to Spend Big to Process More Domestic Oil

Wedoany.com Report-Apr. 10, U.S. refiners are hesitant to invest heavily in processing more domestic crude instead of oil from major suppliers Canada and Mexico, according to industry sources and anal...

2025-04-10

Venezuela’s Oil Flows Again, After a Week of Panic

Wedoany.com Report-Apr. 10, Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long pause at the country’s ports. This follows U.S. tariffs imposed by President D...

2025-04-10

Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1

Wedoany.com Report-Apr. 10, On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previous quarter....

2025-04-10

SPIE Secures Five-Year Maintenance Contract for Offshore Angola Oil Platforms

Wedoany.com Report-Apr. 9, SPIE Global Services Energy, a subsidiary of SPIE, has secured a five-year contract with Sonangol Exploração & Produção to maintain the Block 3/0...

2025-04-09