Sri Lanka, China Agree to Fast-Track Sinopec’s $3.7 Billion Refinery in Hambantota
Sri Lankan President Anura Kumara Dissanayake with Chinese President Xi Jinping Wedoany.com Report-Jan 22, Sri Lankas foreign minister said on Wednesday that the island nation has signed an agreement...
Extreme Cold Disrupts North Dakota Oil and Natural Gas Production
Wedoany.com Report-Jan 22, The extreme North Dakota cold is known to disrupt several industries, including the production of oil and natural gas. As of Tuesday morning, oil production is estimated to...
ADNOC’s Logistics Arm Transfers Tankers to Navig8, Will Cut Some Staff After Takeover
General view of the ADNOC headquarters is seen in Abu Dhabi, United Arab Emirates, December 23, 2018. Wedoany.com Report-Jan 21,Abu Dhabi National Oil Companys logistics arm has transferred its tanke...
Iraq Declares Discovery of Huge Oil Field
The state-owned Iraqi Midland Oil Company said that it has discovered huge oil reserves in the East Baghdad oil field Wedoany.com Report-Jan 21, Mohammed Yassin Hassan, director general of the compan...
Trump Says He’ll Fill US Strategic Oil Reserve ‘Right to the Top’
Wedoany.com Report-Jan 21, President Donald Trump said he plans to fill the US’s strategic oil reserve right to the top after it reached lows not seen since the 1980s under President Joe Biden....
New Oil Well Bolsters Libya’s Production Capacity
Libya’s AGOCO Expands Output with New Sarir Well Wedoany.com Report-Jan 21, The Arabian Gulf Oil Company (AGOCO), a subsidiary of Libya’s National Oil Corporation, has successfully activat...
Akakus Company Records Highest Crude Oil Production Rate in Seven Years.
Wedoany.com Report-Jan 20,Akakus Oil Company recorded yesterday the highest crude oil production rate, which it has not recorded in seven years, as its production reached 306,000 barrels per day. The...
China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024
Wedoany.com Report-Jan 20, China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monda...
Algeria: Hydrocarbons - Engine Oil Imports Decline Thanks to Rise in Local Production
Wedoany.com Report-Jan 20, Algerias imports of engine oil have significantly dropped in the past few years thanks to the quality of local production which recorded a substantial increase, because of ...
Helmerich & Payne Completes Acquisition of KCA Deutag
Wedoany.com Report-Jan 20, Helmerich & Payne, Inc. (H&P or the Company) today announced that it has completed its acquisition of KCA Deutag International Limited (KCA Deutag), establishing a global l...