Shale Producer APA Misses Fourth-Quarter Profit Estimates on Weak Prices
Wedoany.com Report-Feb 27, On Wednesday, February 26, 2025, U.S. shale producer APA Corp, based in Houston, reported its fourth-quarter earnings for 2024, falling below Wall Street projections. The sh...
Oil Prices Climb From 2-Month Lows as Trump Axes Chevron’s Venezuela License
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. Wedoany.com Report-Feb 27, Oil prices rose slightly on Thursday, recovering from two-month low...
Construction Begins on FSO Bound for Vietnam’s Oil Field
Steel cutting ceremony Wedoany.com Report-Feb 26, Yinson Production, part of Kuala Lumpur-based Yinson Holdings, along with its partners, conducted a steel-cutting ceremony for a floating storage and...
Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019. Wedoany.com Report-Feb 26, On Tuesday, February 25, 2025, Algeria’s state-o...
Mari Petroleum’s Discover New Oil & Gas Reserves in Waziristan
Wedoany.com Report-Feb 25, Mari Petroleum has reported a new oil and gas discovery in Pakistan’s Waziristan Block, marking a positive development for the country’s petroleum sector. The co...
Sonangol Readies Suezmax Orders in South Korea
Wedoany.com Report-Feb 25, Angola’s state-owned oil company, Sonangol, is planning to expand its fleet by ordering new suezmax crude tankers from South Korea. Shipbuilding sources indicate that ...
Another oil & gas discovery for Galp in Namibia’s Orange Basin
Santorini drillship; Wedoany.com Report-Feb 25, A significant milestone has been reached in Namibias exploration efforts as Portuguese oil and gas company Galp has discovered light oil and gas-conden...
CNPC’s Well Shendi Take-1 Reaches 10,910-Meter Milestone
Wedoany.com Report-Feb 25, China National Petroleum Corporation (CNPC) announced on February 20 the successful completion of the Well Shendi Take-1, drilled to a depth of 10,910 meters. This milestone...
Trump may leverage Chevron to advance Venezuela agenda
Wedoany.com Report-Feb 25, Chevron Corp., a Houston-based oil company, plays a significant role in Venezuela’s economic recovery by boosting the nation’s crude oil production. Operating un...
Saipem, Subsea7 Announce Merger Plans to Form Saipem7 in Deal Worth Billions
Wedoany.com Report-Feb 25, Saipem and Subsea7 have signed a memorandum of understanding (MoU) to pursue a potential merger, creating a combined company to be named Saipem7. The agreement, announced re...