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...
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....
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...
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,...