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CNOOC Starts Up Penglai 19-3 Comprehensive Adjustment Project
Tuesday, September 18, 2018 CNOOC Limited announces that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production.
Gazprom Neft Joins Forces with CNPC to Develop EOR Tech
Thursday, September 13, 2018 Gazprom Neft announces that it has joined forces with China National Petroleum Corporation to develop enhanced oil recovery technologies.
Lancaster EPS Subsea Installation Completed
Thursday, September 13, 2018 Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.
EIA: US Likely Became Biggest Oil Producer Earlier This Year
Wednesday, September 12, 2018 US likely overtook Russia and Saudi Arabia in terms of oil output to become the world's biggest producer earlier this year.
West of Shetland Touted as Place to be for UK Growth
Tuesday, September 11, 2018 For UK growth, the West of Shetland is the place to be, according to a new report by Wood Mackenzie.
Neptune Field in Russia Sees 1.6-Fold Reserves Increase
Tuesday, September 11, 2018 Russia's Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft's Neptune field at 415.8 million tons of oil, the company announces Tuesday.
EIA Cuts Forecast For 2019 US Crude Production Growth
Tuesday, September 11, 2018 US crude oil production in 2019 is expected to grow at a slower rate than previously forecast.
Zohr Field Now Producing 2 Bcf Per Day
Monday, September 10, 2018 Eni announces that the Zohr field offshore Egypt is now producing 2 billion cubic feet per day.
Focus On: Commodity Prices
Gulf Keystone To Resume Spending To Boost Shaikan Oil Output
Monday, September 10, 2018 Gulf Keystone Petroleum is resuming spending on the Shaikan oilfield in the Iraqi region of Kurdistan.
Oceaneering Sees Reason for More Offshore Confidence
Monday, September 10, 2018 Oceaneering and Subsea 7 will supply an umbilical and flying leads for Shell's deepwater Vito development.
Lukoil Taps SNC-Lavalin for Iraq Contract
Thursday, September 06, 2018 West Qurna Phase 2 comprises three main phases: two for the Misrif formation and one for the Yamama formation.
US Energy Operations Begin Recovering After Tropical Storm Gordon
Wednesday, September 05, 2018 Energy companies and port operators along the US Gulf Coast took steps to resume operations after Tropical Storm Gordon.
OPEC's Barkindo: Oil Demand To Hit 100 MMbpd Sooner Than Projected
Wednesday, September 05, 2018 World oil consumption will reach 100 million barrels per day later this year, hitting that level much sooner than previously forecast, OPEC's Barkindo says.
ExxonMobil Says Blockade Threatens Production At Nigeria Oil Facilities
Tuesday, September 04, 2018 ExxonMobil says that a blockade by former employees threatens crude production at oil facilities in Nigeria.
Reuters Survey: OPEC August Oil Output Hits 2018 High Despite Iran Losses
Friday, August 31, 2018 OPEC oil output has risen this month to a 2018 high as Libyan production recovered and Iraq's southern exports hit a record, a Reuters survey found.
EIA: US Crude Production Rises To Record As Drilling Climbs In Texas
Friday, August 31, 2018 US crude oil production rose 2 percent to a record 10.674 million bpd in June, the US Energy Information Administration says.
Texas' Oil Output Drops In June For First Time Since Feb. 2017
Thursday, August 30, 2018 Texas oil production fell in June from a year earlier for the first time in 16 months.
Wintershall's Libya Oil Output Sharply Lower At 10,000 Bpd
Tuesday, August 28, 2018 Energy company Wintershall is producing less than 10,000 bpd in Libya compared with 60,000 bpd earlier this year, a senior executive says.
Truck Explosion At Glencore Oilfield In Chad Injures 3 And Halts Production
Tuesday, August 28, 2018 A truck caught fire and exploded on Sunday at Glencore's Mangara oilfield in Chad.
Equinor, Partners to Develop Next Phase of Johan Sverdrup
Monday, August 27, 2018 Equinor and partners submit the development plan for the second phase of the Johan Sverdrup project.
South Sudan Resumes Pumping 20,000 Bpd From Oilfield Suspended Since 2013
Monday, August 27, 2018 South Sudan has resumed pumping 20,000 barrels per day (bpd) of crude from the Toma South oilfield.
OPEC+ Committee: Oil Producers Cut July Output By 9% More Than Agreed
Monday, August 27, 2018 An OPEC and non-OPEC monitoring committee found that oil producers participating in a supply-reduction agreement cut output in July by 9% more than called for in their pact, sources say.
Britain's Premier Oil To Lift Peak Output At Catcher Field
Thursday, August 23, 2018 Premier Oil is set to raise stable peak production at its Catcher field in Britain's North Sea.
CNOOC Posts Best Half-Year Profit Since 2015, Domestic Oil Output Drops
Thursday, August 23, 2018 CNOOC says its profits climbed 57% year-on-year in the first half of 2018, boosted by higher crude prices and robust gas sales.
Shell's Appomattox FPS Reaches Offshore Louisiana Destination
Wednesday, August 22, 2018 Shell's Appomattox has made the journey to its GOM installation site. SOURCE: Crowley Maritime Corp.
One-day Strike at Total's North Sea Oil, Gas Platforms Ended -Union
Tuesday, August 21, 2018 Workers at three of French oil company Total's UK North Sea oil and gas platforms ended a 24-hour strike at 0500 GMT on Tuesday as scheduled, the Unite union said.
Iraq's Southern Oil Exports Head for Record High in August - Sources
Tuesday, August 21, 2018 Oil exports from southern Iraq are on course to hit another record high this month, two industry sources said.
Caspian Pipeline Consortium Cuts CPC Blend Export Plan by 10 Pct
Tuesday, August 21, 2018 "We ... expect to pump around 60 million tonnes, but it (the export volume), of course, depends on producers," CPC said.
North Sea Tolmount Main Gas Field Gets Green Light
Monday, August 20, 2018 Premier Oil says the development of its Tolmount Main gas field, located in the southern North Sea, has been sanctioned by joint venture and infrastructure partners.
Some Wyoming Producers Will Be Able to Ditch Diesel Generators
Monday, August 20, 2018 A Wyoming utility is adopting a more mobile approach to supplying electricity to oil and gas customers in the southeast corner of the state.
Energy Minister: Saudi Aramco Committed To Meeting Future Oil Demand
Friday, August 17, 2018 Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom's Energy Minister Khalid Al Falih says.
Saudi Cuts Oil Output As OPEC Points To 2019 Surplus
Monday, August 13, 2018 OPEC forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production.
Continental Resources Sees 15-20 Pct Output Growth in 2019
Wednesday, August 08, 2018 A large portion of the company's growth is focused on its SpringBoard development in Oklahoma's SCOOP formation.
Genel Energy Sees Significant Output Boost in 2019
Tuesday, August 07, 2018 Iraqi Kurdistan-focused Genel Energy is likely to significantly increase its oil production guidance next year, Chief Financial Officer Esa Ikaheimonen said.
US Cuts 2018 Crude Oil Production Growth Forecast
Tuesday, August 07, 2018 U.S. crude oil production in 2018 was expected to grow at a slower rate than previously forecast amid lower crude prices according to a monthly U.S. government report.
US Natgas Output, Demand Seen Rising to Record Highs in 2018
Tuesday, August 07, 2018 U.S. dry natural gas production should rise to an all-time high of 81.10 billion cubic feet per day (bcfd) in 2018.
Gas Production at Egypt's 9B Field to Begin in October - Minister
Friday, August 03, 2018 The petroleum ministry's statement did not say how much gas the first two wells would initially produce.
EOG Sees Permian Hydraulic Fracturing Work Slowing in 2nd Half
Friday, August 03, 2018 Activity in the Permian Basin, which includes the Delaware, has outpaced pipeline takeaway capacity in recent months.
OPEC Oil Output Climbs as Saudi Arabia Pumps Near Record
Thursday, August 02, 2018 OPEC's crude output increased last month as Saudi Arabia pumped near-record volumes.
First Oil at Offshore UK Lancaster Field on Track for 1H 2019
Thursday, August 02, 2018 First oil at the Lancaster field, located offshore UK, is on track for the first half of next year, Hurricane Energy plc's chief executive, Robert Trice, announced Thursday.
Exec Sees UKCS Jump with Shell Penguins Contract
Thursday, August 02, 2018 DNV GL will support Shell and ExxonMobil's redevelopment of the Penguins field.
Canadian Natural's Production Miss Clouds Profit Beat
Thursday, August 02, 2018 Canadian Natural Resources reports quarterly production that fell short of its own estimates.
Bay of Campeche Subsea Tieback Contract Goes to McDermott
Wednesday, August 01, 2018 Pemex has selected McDermott to install two rigid flowlines for its Ayatsil field, which is located in the Bay of Campeche.
Marathon Oil Raises Annual Production Forecast
Wednesday, August 01, 2018 Marathon Oil Corp raised its annual production forecast.
Iraq To Take Over Development Of Mansuriyah Gas Field, Nassirya Oilfield
Tuesday, July 31, 2018 Iraq will develop its Mansuriyah gas field near the Iranian border using state-run firms after the 'delay and failure' of international companies to resume work at the field.
Australia's Ichthys LNG Project Comes Online
Monday, July 30, 2018 Inpex Corporation announces Monday that its operated Ichthys LNG project has commenced the production of gas from its wells.
Total: Biggest Deep Offshore Development in Angola Starts Production
Monday, July 30, 2018 Total reveals that it has started production at Kaombo, which it describes as 'currently the biggest deep offshore development in Angola'.
Reuters Survey: OPEC July Oil Output Hits 2018 Peak, But Outages Weigh
Monday, July 30, 2018 OPEC oil output has risen this month to a 2018 high as Gulf members pumped more after a deal to ease supply curbs and Congo Republic joined the group, a Reuters survey found.
Petrofac To Sell 49% Of Mexican Operations
Monday, July 30, 2018 Petrofac says it agreed to sell 49% of its operations in Mexico to Perenco (Oil & Gas) International Ltd.
Analysts: New Zealand Crude Oil Output Poised to Decline
Friday, July 27, 2018 New Zealand's crude oil production is poised to decline over the coming years, according to oil and gas analysts at BMI Research.
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