Crude Oil Exports by Mexico’s Pemex Rise 33% in February From January

Wedoany.com Report-Mar 27, Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still down 25% comp...

2025-03-27

Russian Crude Flows Hit Five-Month High While Peace Talks Drag

Wedoany.com Report-Mar 26, Russia’s oil exports rose to a five-month high while U.S.-initiated talks aimed at achieving a ceasefire in the Ukraine conflict drag on. Russia shipped 3.45 million b...

2025-03-26

Ithaca Energy Expects Higher Production in 2025

Wedoany.com Report-Mar 26, North Sea oil and gas company Ithaca Energy (ITH.L),forecast higher 2025 production on Wednesday, encouraged by the recent acquisition of the UK assets of Eni (ENI.MI). Itha...

2025-03-26

Tullow Oil Focuses on Ghana as Part of Debt Reduction Strategy

Wedoany.com Report-Mar 26, Tullow Oil Plc will pump as much as it can from mature assets in West Africa this year as part of plans to bring debt below $1 billion. The company has been chipping away at...

2025-03-26

L&T Secures ‘Ultra-Mega’ Order for Hydrocarbon Biz

Wedoany.com Report-Mar 26, Larsen & Toubro (L&T) announced that its hydrocarbon business, L&T Energy Hydrocarbon (LTEH), has secured its largest-ever Ultra-Mega offshore contract from QatarEnergy LNG ...

2025-03-26

Jadestone Submits Field Development Plan for Vietnam Assets

Wedoany.com Report-Mar 26, Jadestone Energy plc said it has submitted a field development plan (FDP) for the Nam Du / U Minh discoveries offshore southwest Vietnam to state-owned Petrovietnam. The Nam...

2025-03-26

TechnipFMC Wins Big for Third Phase of Norway’s Third-Largest Oil Field

Wedoany.com Report-Mar 26, TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third ...

2025-03-26

Russia’s Oil Exports From Its Western Ports Set to Rise 5% in April, Sources Say

Wedoany.com Report-Mar 26, Russias daily oil exports from its western ports are set to rise by some 100,000 barrels per day to 1.97 million bpd in April from March as the impact of seasonal domestic r...

2025-03-26

Sinopec Reports Slump in Full-Year Profit as Headwinds Mount

Wedoany.com Report-Mar 25, Sinopec’s full-year profit tumbled 16% amid sluggish demand, with China’s oil consumption likely nearing a peak. Sinopecs full-year profit tumbled 16 percent ami...

2025-03-25

Sunflower Oil Plants in Russia Are Shutting Down Due to Losses

Wedoany.com Report-Mar 25, One of the largest agro-industrial companies in Russia, Efko, has shut down two sunflower oil plants in the Krasnodar region. The current market situation is such that sunfl...

2025-03-25