Oil India Q3 Results: Net Profit Drops 23% on Lower Crude Oil Prices
Wedoany.com Report-Feb 8, State-owned Oil India Ltd (OIL) reported a 23 per cent drop in its third-quarter net profit as the price of crude oil produced and sold fell. Net profit was ₹1,221.80 crore ...
China Aims for Stable Crude Oil Production Above 200M Tons in 2025
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast Chinas Heilongjiang Province, Nov. 25, 2024. Wedoany.com Report-Feb 8, China aims for stable crude oil productio...
Noble Rigs and Stena Drillship Get down to Oil & Gas Drilling Business Offshore Guyana
Noble Don Taylor drillship Wedoany.com Report-Feb 8, Four mobile offshore drilling units (MODUs), made up of drillships owned by Noble Corporation and Stena Drilling, have buckled down and resumed hy...
Chevron Takes the Operator Helm at Two Blocks in Namibian Waters
Wedoany.com Report-Feb 8, Chevron Namibia Exploration Limited (CNEL), an affiliate of the U.S.-headquartered energy giant Chevron, has strengthened its presence in Namibia’s offshore oil and gas...
Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say
Chevron logo is seen in this illustration taken, October 23, 2023. Wedoany.com Report-Feb 8, Chevron (CVX.N), is speeding up its expansion of Kazakhstans Tengiz oilfield, two sources familiar with th...
US Drillers Add Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Wedoany.com Report-Feb 8, U.S. energy firms thi...
Falcon Oil & Gas Completes Stimulation of Shenandoah Well
Wedoany.com Report-Feb 7, Falcon Oil & Gas Ltd (AIM:FOG, TSX-V:FO) shares soared nearly 20% higher in Friday’s early deals, after it completed the stimulation of its Shenandoah SS-2H ST1 well in...
China Oil Teapots Cut Run Rates to Pandemic Levels
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply. Wedoany.com Repo...
Production Begins in Mega Metamorphic Rock Oilfield in China’s Bohai Sea
Wedoany.com Report-Feb 7, The first phase of Bozhong 26-6 oilfield, by far the largest metamorphic rock oilfield in the world, commenced production on Friday. The development project of the Bozhong 26...
Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. Wedoany.com Report-Feb 7, Oil prices rose marginally in Asian trade on Friday but were on track for a thi...