Fuel Oil Rally Expected to Stall as Market Shakes off US-Iran Policy

A boat passes in front of an oil refinery located on Singapores Jurong Island March 28, 2009. Wedoany.com Report-Feb 5, Fuel oil margins climbed after U.S. President Donald Trump reimposed a tougher ...

2025-02-05

Velesto Going after Three Ds – Digitalization, Decarbonization, and Diversification for Enhanced Drilling and Oil & Gas Era

Wedoany.com Report-Feb 5, With the world caught in a vicious circle of geopolitical tensions, high-stakes tariff games, emerging trade wars, climate change woes, and the need to tackle the energy secu...

2025-02-05

Oil Mixed as Trump Restores Pressure on Iran, Tariff Drama Caps Prices

A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024. Wedoany.com Report-Feb 5, Oil prices diverged at settlement on Tuesday amid tariff drama be...

2025-02-05

Encino’s Owner Mulls $7 Billion Sale, IPO of Energy Producer

Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Wedoany.com Report-Feb 5, Canadian pension fund CPP Investments is weighing strategic options, including a sale or initial pub...

2025-02-05

Equinor’s Massive Johan Sverdrup Oilfield Hit by Power Outage

A view of the Johan Sverdrup oilfield in the North Sea, January 7, 2020. Wedoany.com Report-Feb 4, Equinors (EQNR.OL), opens new tab Johan Sverdrup oilfield in the North Sea has suffered a power outag...

2025-02-04

OPEC Monthly Output Down Following Fire at Iraqi Oil Field

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before. Wedoany.com Report-Feb 4, OPEC’s oil production edged lower last month fol...

2025-02-04

Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension

Wedoany.com Report-Feb 4, Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of Rodeo Midland...

2025-02-04

CNRI, VAALCO Complete Production Phase From Baobab FPSO, West Africa

Wedoany.com Report-Feb 4, VAALCO Energy announced a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project. In ...

2025-02-04

OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand

Wedoany.com Report-Feb 4, An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower prices. In a b...

2025-02-04

Petrobras’ Total Q4 Production Falls 10.5%, Sales and Exports Also Down

A logo of Brazils state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. Wedoany.com Report-Feb 4, Brazilian state-run oil giant Petrobras (PETR4.SA...

2025-02-04