Aramco Q3 Profit Tops Estimates
Wedoany.com Report-Nov. 4, Saudi Aramco reported a surprise rise in third-quarter 2025 profit as higher production offset lower crude prices, ending a multi-year streak of declining earnings. Adjusted...
US Army Corps Approves Enbridge’s Line 5 Reroute in Wisconsin
Wedoany.com Report-Oct. 31, The U.S. Army Corps of Engineers has granted approval to Canadian energy company Enbridge for its plan to reroute a section of the Line 5 oil pipeline around the Bad River ...
India’s September Crude Oil Imports Rise 1.7% M/M
Wedoany.com Report-Oct. 27, India's crude oil imports rose 1.7% month-on-month to 19.93 million metric tons in September, according to government data released Monday. As the world's third-largest o...
Reliance Snaps up Middle East Oil
Wedoany.com Report-Oct. 27, India’s Reliance Industries Ltd. has increased purchases of crude from the Middle East and the US following recent US sanctions on two Russian oil producers, raising conc...
Texas Pipe Producer Wins Contract for Mexico’s First Deepwater Oil Development
Wedoany.com Report-Oct. 25, Texas-based Tenaris has secured a major contract to supply casing and tubing for Mexico’s first deepwater oil development project, Trion, located in the Perdido Fold Belt...
Mexico’s Pemex Crude Oil Exports in August Fall 32% Year-On-Year
Wedoany.com Report-Sept. 29, Mexican state-owned energy company Pemex exported 500,203 barrels per day (bpd) of crude oil in August 2025, a 32% decrease compared to August 2024, according to company d...
Syria Exports First Crude Oil Shipment in 14 Years, Official Says
Wedoany.com Report-Sept. 3, On Monday, September 1, 2025, Syria exported 600,000 barrels of heavy crude oil from the port of Tartus, marking its first official oil export in 14 years, according to a S...
China Still Storing Crude Oil Even as Refinery Runs Rise
Wedoany.com Report-Aug. 18, In July 2025, China’s refineries increased processing rates but maintained a crude oil surplus of 530,000 barrels per day (bpd), driven by robust imports and domestic...
China’s Zhenhua Oil Doubles Crude Offtake From UAE in New Deal, Sources Say
Wedoany.com Report-Aug. 15, On Thursday, industry sources announced that China’s Zhenhua Oil will double its crude oil offtake from the Abu Dhabi National Oil Company (ADNOC) to 200,000 barrels ...
US Crude Production to Hit Record 13.41 Million Bpd in 2025 Before Falling, EIA Says
Wedoany.com Report-Aug. 13, The U.S. Energy Information Administration (EIA) released a monthly report on August 12, 2025, projecting U.S. crude oil production to reach a record 13.41 million barrels ...