Petronas Gets Two New Exploration Blocks Offshore Suriname
Wedoany.com Report-Nov. 10, Petronas has increased its offshore exploration presence in Suriname to eight blocks following the execution of two new production sharing contracts for Blocks 9 and 10. Su...
Total Production of China’s Largest Shale Oil Base Hits 20 Million Tons
Wedoany.com Report-Nov. 10, China’s largest shale oil production base, the Changqing Oilfield in Northwest China’s Gansu Province, has achieved a cumulative output exceeding 20 million tons, signa...
Indonesia Blocks Illegal CPO Export Worth Rp 28.7 Billion
Wedoany.com Report-Nov. 9, Indonesia’s Finance Ministry and National Police have intercepted an illegal export attempt involving crude palm oil derivatives valued at Rp 28.7 billion (around US$1.7 m...
Conocophillips Q3 Profit Down YoY
Wedoany.com Report-Nov. 8, ConocoPhillips reported $2.01 billion in net income, adjusted for nonrecurring items, for Q3 2025, slightly below $2.08 billion in the same period last year, reflecting lowe...
Pakistan to Establish Olive Oil Council to Reduce Reliance on Edible Oil Imports
Wedoany.com Report-Nov. 8, The Government of Pakistan has announced the establishment of a National Olive Oil Council under the new National Olive Policy, aiming to regulate the expanding olive sector...
Canada’s Enbridge to Plan Second Phase of Mainline Oil Pipeline Expansion
Wedoany.com Report-Nov. 8, Enbridge (ENB.TO) announced on Friday that it plans to launch a formal process early next year to assess commercial interest in a second phase of expansion on its Mainline c...
Petrobras Ramps up Production at Major Oilfield
Wedoany.com Report-Nov. 7, Brazil’s state oil company Petrobras is boosting production at the Buzios deep-water field off Rio de Janeiro, strengthening revenues and supporting higher dividends despi...
Libya Noc Announces New Oil Find
Wedoany.com Report-Nov. 7, Libya’s National Oil Corporation (NOC) has announced a new oil discovery in the Ghaddams basin. According to a statement posted on its Facebook page this week, the discove...
Shale Producer EOG Tops Profit Estimates as Output Jumps
Wedoany.com Report-Nov. 7, EOG Resources (EOG.N) reported higher-than-expected third-quarter earnings on Thursday, as rising output helped the U.S.-based oil and gas producer counter lower crude price...
Indonesia’s Palm Oil Exports Rose 11.62% Year-On-Year
Wedoany.com Report-Nov. 6, Statistics Indonesia has released figures indicating that palm oil shipments, encompassing both crude and refined varieties, reached 17.58 million tonnes from January throug...