Shell Starts Production From Dover, Further Advancing Position in U.S. Gulf
Wedoany.com Report-Apr. 9, Shell Offshore Inc., a subsidiary of Shell plc, has launched production at Dover, a new subsea tieback linked to the Shell-operated Appomattox hub in the Gulf of Mexico. Thi...
Oil Falls to Lowest Since February 2021 as Trump’s Tariffs Take Effect
Wedoany.com Report-Apr. 9, Oil prices declined for a fifth consecutive day on Wednesday, April 09, 2025, reaching their lowest levels since February 2021. The drop stems from growing concerns over dem...
India’s Reliance Shuts Crude Unit for 21 Days’ Maintenance, Sources Say
Wedoany.com Report-Apr. 9, Reliance Industries, a major player in India’s energy sector, has initiated a 21-day maintenance shutdown at its refinery focused on the domestic market, located in Ja...
Two Liebherr Cranes Chosen for FPSO New Build, Offshore Angola
Wedoany.com Report-Apr. 8, Liebherr has finalized the sale of two offshore cranes, the RL 2600 and RL-K 2600, to Yinson Production in Singapore. These cranes will serve the Agogo FPSO, a floating prod...
Azerbaijani Oil Decreases in Price
Wedoany.com Report-Apr. 8, On April 7, the price of Azerbaijan’s Azeri Light crude oil dropped by $1.5 (2.15%) on a CIF basis at the Italian port of Augusta, reaching $68.14 per barrel, accordin...
Samsung Heavy Wins 477.8 Bln-Won Oil Ship Order in Oceania
Wedoany.com Report-Apr. 8, Samsung Heavy Industries Co., ranked as the world’s third-largest shipbuilder by order volume, announced on Tuesday that it has secured a 477.8 billion-won (US$325 mil...
Ring Energy Closes Acquisition of CBP Assets From Lime Rock
Wedoany.com Report-Apr. 8, Ring Energy, Inc., a Texas-based company, has finalized its acquisition of Central Basin Platform (CBP) assets from Lime Rock Resources IV LP in the Permian Basin. The deal,...
India’s Sunflower Oil Imports Drop to 6-Month Low
Wedoany.com Report-Apr. 7, India’s edible oil import trends shifted in March as soybean oil imports surged by 24%, reaching 352,000 tonnes, according to recent data. In contrast, sunflower oil i...
China Teapot Oil Refiners Improve Run Rates but Demand Woes, Sanctions Weigh
Wedoany.com Report-Apr. 7, Operating rates at China’s independent oil refiners in Shandong province, often called teapots, have recently increased slightly, reaching 46% capacity in March 2025, ...
Saudi Arabia Cuts Oil Prices to Asia to Four-Month Low
Wedoany.com Report-Apr. 7, On Sunday, Saudi Arabia, a leading global oil exporter, reduced crude oil prices for Asian buyers for May deliveries, setting them at the lowest level in four months. This a...