Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Wedoany.com Report-Feb 17, Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that trade restri...
Refinery Fire Drives up Gas Prices in Arizona, Highlighting California Reliance
Wedoany.com Report-Feb 15, A fire at one Northern California refinery responsible for 10% of the state’s gasoline production has resulted in higher gas prices in California, Arizona and Nevada, ...
Oil Settles Flat, Pares Early Losses as Tariffs Delayed
An oil pump of IPC Petroleum France is seen during sunset outside Soudron, near Reims, France, February 6, 2023. Wedoany.com Report-Feb 14, Oil prices settled flat on Thursday, paring early losses of...
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees Wedoany.com Report-Feb 13, Chevron plans to cut its global workforce by 15 per cen...
Aramco’s Motiva Expands Texas Refinery to Become Largest in US
Wedoany.com Report-Feb 12, Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US. The refinery can now process as much as 654,000 ba...
Oil Prices Climb to 2-Week High on Supply Worries, US Tariffs Check Gains
A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025. Wedoany.com Report-Feb 12, Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns...
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Wedoany.com Report-Feb 12, Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobagos Molo heavy sour crude, the CEO of the countrys state-owned oil...
New U.S. Metals Tariffs to Drive up Oilfield Equipment Costs, Championx Exec Says
Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. Wedoany.com Report-Feb 12, ChampionX (CHX.O), expects new U.S. import tariffs on steel and aluminium to drive up equipment co...
Oil Gains Nearly 2% Despite Trade War Concerns
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Wedoany.com Report-Feb 11, Oil prices rose nearly 2% on Monday after posting their third straight wee...
Oil Ticks Higher as Investors Weigh New US Tariffs
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Wedoany.com Report-Feb 10, Oil prices ticked higher on Monday even as investors weighed U.S. Presiden...