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 ...
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...
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...
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...
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...