Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses
Wedoany.com Report-Apr. 28, Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire on May 27. Th...
Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease
Wedoany.com Report-May 4, Russia’s oil producers have intensified drilling activities, reaching levels unseen in at least five years, preparing for potential increases in OPEC+ output limits. Th...
USA Crude Oil Inventories Rise Week on Week
Wedoany.com Report-Apr. 28, The U.S. Energy Information Administration (EIA) reported on April 23 that U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve (SPR), rose by 0...
CHC, Court Helicopters Partner to Enhance Offshore Safety, Transportation in Namibia
Wedoany.com Report-Apr. 28, CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters to explore a strategic partnership focused on search a...
US Eases Downhole Commingling Policy to Boost Oil Production
Wedoany.com Report-Apr. 27, The United States Department of the Interior (DOI) has revised its policy to increase the allowable pressure differential for single-wellbore oil production from multiple r...
Morgan Stanley Infra Partners Eyes $2 Billion Permian Pipelines Sale, Sources Say
Wedoany.com Report-Apr. 25, Morgan Stanley Infrastructure Partners (MSIP) is considering selling its majority stake in Brazos Midstream II, a deal that could value the holding at over $2 billion, incl...
Guyana’s Q1 Oil Output Rises 3% Yr/Yr to 631,000 Bpd
Wedoany.com Report-Apr. 25, Guyana’s oil production in March 2025 decreased by approximately 3% to 627,000 barrels per day (bpd) compared to the previous month, according to data released by the...
SINOPEC Launches Training Program for Over 800 Ugandans
Wedoany.com Report-Apr. 24, SINOPEC, a Chinese company tasked with constructing Uganda’s Central Processing Facility (CPF), launched a training program on Wednesday to enhance the skills of over...
Venezuela Launches Blend 22 Crude Exports Ahead of Us Licenses Expiry
Wedoany.com Report-Apr. 24, Venezuela will launch exports of a new medium crude blend, Blend 22, this month from its Western fields, aiming to maintain oil revenue as U.S. licenses for its state-owned...
California Governor Seeks Help for Struggling Oil Refiners
Wedoany.com Report-Apr. 24, On April 21, California Governor Gavin Newsom directed state officials to intensify efforts to ensure a stable fuel supply for the state, which has the largest auto market ...