TechnipFMC Wins Significant iEPCL™ Contract for Equinor’s Johan Sverdrup Phase 3 Offshore Norway
Wedoany.com Report-Mar 25, TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for the Johan Sverdrup Phase 3 dev...
Tullow Oil Parting Ways With Oil Assets in Gabon for $300 Million
Wedoany.com Report-Mar 25, Tullow Oil, an independent energy company with operations in West Africa, has inked binding heads of terms agreement for a $300 million net of tax sale of Gabon assets to Ga...
Trump to Hit Venezuelan Oil Buyers With Tariff, Extends Chevron’s Wind Down
Wedoany.com Report-Mar 25, U.S. President Donald Trump on Monday issued an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S., wh...
Indian Government Steps up Efforts to Improve Soil Organic Carbon Levels
Wedoany.com Report-Mar 24, To combat the decline in organic carbon levels in soil, the Indian government has implemented several measures aimed at enhancing soil health and promoting sustainable agric...
Oilfield With 100 Million Tons of Shale Oil Reserve Certified in E.china
Wedoany.com Report-Mar 24, The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the countrys largest oil refiner, said its Jiyang shale gas oilfield has officially passed a review and...
Sinopec’s 2024 Net Profit Plunges 16.8% Due to Falling Oil Prices, NEVs
Wedoany.com Report-Mar 24, China Petroleum & Chemical Corp (600028.SS), known as Sinopec, reported a 16.8% decline in 2024 net profit on Sunday, citing lower crude oil prices and the accelerated devel...
Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says
Wedoany.com Report-Mar 24, Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing secondary sourc...
Exxonmobil Books New Wave Offshore for Work on Its $12.7b Oil Project in Guyana
Wedoany.com Report-Mar 21, ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, has hired New Wave Offshore Energy, a marine assurance and advisory player, to handle marine warranty su...
Shell Aims to Bring Gas From Venezuela to Trinidad in 2026, Sources Say
Wedoany.com Report-Mar 21, Shell Plc (SHEL.L), is aiming to begin producing natural gas at Venezuelas Dragon gas field and exporting it to neighboring Trinidad and Tobago in 2026, a year ahead of the ...
Russia’s Rosneft Reports 14.4% Drop In 2024 Net Profit
Wedoany.com Report-Mar 21, Russias largest oil producer Rosneft (ROSN.MM), on Thursday reported a 14.4% slump in 2024 net profit to 1.08 trillion roubles ($12.71 billion). A view shows a board with th...