EIA Projects End of Month Total Distillate Stock Decrease in 2025 and 2026
Wedoany.com Report-Mar 27, In its latest short term energy outlook (STEO), which was released earlier this month, the U.S. Energy Information Administration (EIA) projected that end of month total dis...
Oil Gains as Industry Report Points to Drop in U.S. Stockpiles
Wedoany.com Report-Mar 27, Oil rose after an industry report signaled a chunky decline in U.S. crude stockpiles, while the market weighed the prospect of a Russia-Ukraine ceasefire in the Black Sea. T...
Ergon Expanding Crude Processing Capacity at Mississippi Refinery
Wedoany.com Report-Mar 27, Ergon Inc. is undertaking an expansion of processing and production capacities at subsidiary Ergon Refining Inc.’s 26,500-b/d specialty naphthenic base oil refinery in...
Trump Administration to Open More Alaska Acres for Oil, Gas Drilling
Wedoany.com Report-Mar 21, U.S. Interior Secretary Doug Burgum on Thursday announced steps to open up more acreage for oil and gas leasing and lift restrictions on building an LNG pipeline and mining ...
APA Hits Oil Discovery on Alaskan North Slope
Wedoany.com Report-Mar 19, APA Corp. and its partners have declared a significant petroleum discovery in the Lagniappe area on Alaska’s North Slope. APA and its partners declared a significant p...
Murphy Oil to Acquire BW Pioneer FPSO in Gulf of America for $125M
Wedoany.com Report-Mar 14, Murphy Oil, through one of its subsidiaries, has agreed to acquire the BW Pioneer floating production storage and offloading (FPSO) vessel from BW Offshore for $125m. BW Off...
CERAweek: AI Leading To Faster, Cheaper Oil Production, Executives Say
Wedoany.com Report-Mar 14, Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop,...
Enbridge to Invest $1.39 Billion Until 2028 in Mainline Pipeline
Wedoany.com Report-Mar 10, Enbridge Inc. has earmarked an investment of up to CAD 2 billion ($1.39 billion) until 2028 for a Canada-United States liquids pipeline with a capacity of about 3 million ba...
US Orders Wind down of Chevron’s Oil Exports From Venezuela
Wedoany.com Report-Mar 5, The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N),since 2022 to operate in Venezuela and export its o...
Black Gold Exploration Begins Drilling in Illinois Basin
Wedoany.com Report-Mar 1, Black Gold Exploration Corp. (BGX) has started drilling the Fritz 2-30 oil and gas well in Clay County, Indiana. The company recently secured a 10% working interest in this w...