Oil Revival Plan Put Forth by Ecuador’s President Falters Amid Re-Election Effort
Wedoany.com Report-Mar 12, Ecuador President Daniel Noboa’s plan to revitalize the nation’s biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote....
Deferred Well Plug and Abandonment Could Add $5.5 Billion to UK Decommissioning Bill
Wedoany.com Report-Mar 12, Latest analysis from Westwood Global Energy Group, the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for Nor...
Whitecap Resources and Veren Agree to Merge in $10.4bn Deal
Wedoany.com Report-Mar 11, Canada-based Whitecap Resources and Veren have signed a definitive business combination agreement to create one of the leading producers of light oil and condensate in the c...
Malaysia’s Palm Oil Stocks Hit 22-Month Low
Wedoany.com Report-Mar 11, Malaysia’s palm oil stocks fell for a fifth consecutive month in February 2025, to a 22-month low due to lower production and outpacing the decline in exports, the Mal...
Indonesia to Build Oil Refineries With Total Capacity of 1 Million Bpd, Minister Says
Wedoany.com Report-Mar 11, Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planne...
BW Energy Discovers Oil on Bourdon Prospect, Offshore Gabon
Wedoany.com Report-Mar 11, BW Energy announced a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu License offshore Gabon. Evaluation of logging data and for...
Norwegian Firm Quadrupling Its North Sea Oil & Gas Production With Sval Energi Buy
Wedoany.com Report-Mar 10, Norwegian oil and gas operator DNO has set the wheels into motion to augment its hydrocarbon portfolio with the acquisition of Sval Energi, a compatriot company. This move i...
Malaysia Palm Oil Stocks Hit Nearly 2-Year Low in Feb as Output Drops
Wedoany.com Report-Mar 10, Malaysias palm oil stocks fell for a fifth month in February to their lowest in 22 months as production declined, outweighing a reduction in exports, data from the industry ...
Enbridge to Invest $1.39 Billion Until 2028 in Mainline Pipeline
Wedoany.com Report-Mar 10, Enbridge Inc. has earmarked an investment of up to CAD 2 billion ($1.39 billion) until 2028 for a Canada-United States liquids pipeline with a capacity of about 3 million ba...
Turkiye’s Daily Oil Production Reaches 132,000 Barrels
Wedoany.com Report-Mar 10, Turkiye significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minister Alparslan ...