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Oil & Gas
Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles
Drilling rigs are seen at an oil well operated by Venezuela's state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas A
Oil & Gas
US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.Growth in oil output from
Oil & Gas
Singapore Distillates Stocks Surge 13% Despite Higher Net Exports
Wedoany.com Report-Feb 6, Singapore's middle distillates stocks rose 13% from last week despite higher net exports, official data showed on Thursday, amid f
Oil & Gas
Suncor’s Fourth-Quarter Profit Beats on Higher Oil Output, Fuel Sale Volumes
The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019.Canada's Suncor Energy (SU.TO), opens new tab beat analysts&
Oil & Gas
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.OPEC’s oil production edged lower l
Oil & Gas
Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension
Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of
Oil & Gas
CNRI, VAALCO Complete Production Phase From Baobab FPSO, West Africa
VAALCO Energy announced a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment
Oil & Gas
WTI Oil Prices Down as Trump Agrees to Pause Tariffs on Mexico, Canada
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024U.S. West Texas Intermediate (WTI) crude prices were
Oil & Gas
Uzbekistan Notes Decrease in Oil Production in 2024
Uzbekistan’s oil production volume amounted to 713,400 tons in 2024.Data obtained from the country's Statistics Agency reveals that this figure decrea
Oil & Gas
China Aims for Stable Crude Oil Production Above 200M Tons in 2025
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25, 2024.China aims for stable cr
Oil & Gas
Another Oil & Gas Discovery of ‘Great Importance’ Springs up Offshore Kuwait
Kuwait Petroleum CompanyKuwait’s state-owned E&P company Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore fie
Oil & Gas
Canada’s Stalled $12-Billion Oil Project Takes Step Forward With New FPSO Awards
Illustration of FPSO for Bay du Nord oil projectNorwegian state-owned energy giant Equinor has started the ball rolling to develop its controversial Bay du Nord
Oil & Gas
Algeria Strikes Deal with Chevron to Assess Offshore Oil
Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the
Oil & Gas
Ecuador Eyes $42 Bln in Oil Sector Investments Through 2029
An infrastructure of Ecuador's state-run oil company Petroecuador is pictured outside of Nueva Loja, Ecuador May 3, 2022.Ecuador expects foreign oil compani
Oil & Gas
MODEC’s FPSO Staying Five More Years With Petrobras Offshore Brazil
FPSO Cidade de Angra dos Reis;Brazil’s state-owned oil and gas giant Petrobras has prolonged the assignment of a floating production, storage, and offload
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