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News Categories: Production News

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Results40 articles shown

Brazil's ANP Fines Petrobras Over Output Measures
Monday, July 28, 2014 Brazil's petroleum regulator, the ANP, fines state-run oil company Petroleo Brasileiro SA 5.55 million reais ($2.49 million) after problems are discovered with gauges used to measure oil and gas output in the Lula offshore field.

Myanmar Pipeline Carries 1.87B Cubic Meters of Gas to China in 1st Year
Monday, July 28, 2014 China imports 1.87 billion cubic meters of gas through China-Myanmar gas pipeline in its first year of operation.

Exillon Production Slows Further in June
Friday, July 25, 2014 Exillon Energy sees slight improvement in its Timan-Pechora production in June, although fall in Western Siberia output means total average daily output fell.

Husky Updates on Field Developments in China, Indonesia
Friday, July 25, 2014 Husky Energy updates on field developments at its offshore projects in China and Indonesia.

Reach Energy Plans to Acquire an Upstream Asset Within 2 Years of IPO
Friday, July 25, 2014 Reach Energy intends to acquire its first upstream oil and gas asset within two years of its initial public offering on Bursa Malaysia.


  



Texas Petro Index: Seventh Record High as Production Closes in On All-Time
Friday, July 25, 2014 Karr Ingham’s Texas Petro Index shows energy in Texas is continuing to strengthen.

OPSB Secures Financing to Develop the Ophir Oil Project Offshore Terengganu
Thursday, July 24, 2014 Octanex annouces that the joint venture developing the Ophir field offshore Terengganu, Malaysia has secured financing for the project.

Slovakia Says Work on Gas Link to Ukraine on Schedule
Thursday, July 24, 2014 Construction work on a pipeline to allow gas to be sent from Western Europe to Ukraine is on schedule, according to Slovak pipeline operator Eustream.

Strike Paralyzes Oil, Gas Output in Neuquen
Thursday, July 24, 2014 An oil workers' strike paralyzes oil and gas production in the Argentine province of Neuquen.

Encana Oil Production Rise Offsets Profit Fall On Weak Natgas
Thursday, July 24, 2014 Encana said oil and natural gas liquids production climbed 43% year-on-year in the second quarter of 2014.

Ruspetro Conducts Successful Flow Test on Russian Well
Wednesday, July 23, 2014 Ruspetro successfully carries out a 10-day flow test on its first multi-stage fractured horizontal well in the Pottymsko-Inginsky license area of Russia.

U.S. Proposes New Rules for Moving Crude Oil by Rail
Wednesday, July 23, 2014 The U.S. Department of Transportation announces a comprehensive set of proposed rules for the safe rail transport of crude oil and other flammable materials.

Fuel Tank Hit in Clashes Near Libyan Airport
Wednesday, July 23, 2014 Fuel storage tanks that supply Tripoli were hit on Wednesday in clashes between rival Libyan militias, igniting a huge blaze.

Europe's Wind Capacity to Grow More Slowly Than Expected to 2020
Wednesday, July 23, 2014 Europe's installed wind capacity will increase at a slower rate to the end of the decade than previously estimated due to regulatory uncertainty and weak economic growth.

Cosco Reveals Buying Interest for Octabuoy Hull and Topside Module
Wednesday, July 23, 2014 Cosco Nantong receives bids for the Octabuoy hull and topside module that it had built for ATP Oil & Gas.

CNOOC Commences Trial Production at LS36-1 Gas Field Offshore China
Wednesday, July 23, 2014 CNOOC commences trial production at LS36-1 gas field offshore Zhejiang province, China.

Beach Energy Spuds Elliston-2 Oil Development Well in Cooper Basin
Wednesday, July 23, 2014 Beach Energy spuds Elliston-2 oil development well in PPL 249 in Cooper Basin, South Australia.

First Oil Commences at Bentara Field Offshore Sarawak
Wednesday, July 23, 2014 Petronas announces first oil commences at the Bentara field offshore Sarawak, Malaysia.

Libya Oil Output Slips, Fresh Fighting In Tripoli
Tuesday, July 22, 2014 Libyan oil production has fallen, turning back a hard-won increase since April in revenue for the government facing increased fighting around the airport in the capital and in the eastern city of Benghazi.

IEV Receives Nod to Progress Work at Pabuaran Block in West Java
Tuesday, July 22, 2014 IEV Holdings receives approval from Pertamina to progress work on the development of the Pabuaran Block in Subang district, West Java, Indonesia.

ShaMaran Updates on Operations at Atrush Development in Kurdistan
Tuesday, July 22, 2014 ShaMaran Petroleum updates on operations at the Atrush development in the Kurdistan Region of Iraq.

Poland's PGNiG Says Natural Gas Production Rose 4% Year-on-Year In 2Q
Tuesday, July 22, 2014 Poland's PGNiG sees a 3.7% increase in its 2Q gas production.

Oilex Commences Flow-back of Frac Fluids at Cambay-77H Well in Gujarat
Tuesday, July 22, 2014 Oilex commences flow-back of frac fluids at Cambay-77H well in Cambay Production Sharing Contract in Gujarat, India prior to production testing.

N'Goma FPSO to Sail Away to Block 15/06 Offshore Angola Shortly
Monday, July 21, 2014 The N'Goma floating production, storage and offloading facility prepares to sail away from Port Amboim to commence mooring and hook-up operations at Block 15/06 offshore Angola.

Statoil Resumes Production at Njord A Platform
Monday, July 21, 2014 Statoil resumes production at the Njord A platform in the Norwegian Sea after a year.

Asian, Western Firms Bid for UAE Oilfields
Monday, July 21, 2014 Asian and western oil firms bid for the opportunity to take part in operating the United Arab Emirates' biggest oilfields after a deal with oil majors fell through earlier this year.

ONGC Stops Work at NS Platform in Mumbai High North Following Gas Leakage
Monday, July 21, 2014 ONGC stops operations at the NS platform in Mumbai High North field off India's west coast following a gas leakage.

Salamander Inks Deal to Sell 40% Stake in 2 Blocks to Sona Off Thailand
Monday, July 21, 2014 Salamander Energy inks a sale and purchase agreement to dispose of 40 percent stake in B8/38 and G4/50 concessions in the Gulf of Thailand.

Sources: Murphy Oil's Malaysia Assets Draw Interest From Mitsubishi, ONGC
Friday, July 18, 2014 Mitsubishi submits a non-binding bid to buy Murphy Oil's Malaysian oil and gas assets valued at about $2.5 billion, a person familiar with the matter tells Reuters.

Newfield Boosts 2014 Production Guidance
Thursday, July 17, 2014 Newfield Exploration raises its 2014 production guidance, reflecting year-to-date operating momentum across the company.

Iraqi Official: Iraqi Kurdistan Starts Oil Pumping from Kirkuk
Thursday, July 17, 2014 Iraq's Kurdish region begins to pump oil from Kirkuk field previously controlled by Iraq's central government, according to a senior Iraqi official.

Det Norske Sees 2Q Production Halve
Thursday, July 17, 2014 Det norske reports lower production for the second quarter but says that Marathon Oil Norge acquisition will make it one of Europe's largest independent companies.

APPEA Welcomes Carbon Tax Repeal, Boost for Australian LNG Exporters
Thursday, July 17, 2014 Australia's industry association APPEA welcomes the Australian Senate's vote to repeal the carbon tax as it removes a cost burden for the country's liquefied natural gas exporters.

China Studies Floating Gas Plants for South China Sea
Thursday, July 17, 2014 CNOOC is studying the possibility of building a multi-billion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea.

Brightoil Eyes Upstream as Long-term Growth Driver after Bohai Buy
Wednesday, July 16, 2014 Brightoil expects its upstream business to be the key long-term growth driver for the group following its acquisition of oil blocks in China's Bohai Bay.

PT Energi Mega Persada Commences First Gas at Kuat Field in Sumatra
Wednesday, July 16, 2014 PT Energi Mega Persada commences first production at Kuat gas field in the Malacca Strait production sharing contract in Sumatra, Indonesia.

Indian Government Endorsed Cambay Field's Gas Sales Agreement
Wednesday, July 16, 2014 Oilex receives governmental endorsement for gas sale from the Cambay field in Cambay production sharing contract in Gujarat, India.

Leni Signs Deal to Acquire Trinidad Field
Wednesday, July 16, 2014 Leni Gas and Oil signs a deal that will see it add the Trinity-Inniss field to its onshore Trinidad production.

Sino G&E Reports Positive Gas Flow Rate at Linxing PSC in Ordos Basin
Tuesday, July 15, 2014 Sino Gas & Energy Holdings reports positive gas flow rate at its first horizontal well in the Linxing production sharing contract in China's Ordos Basin.

L&T Hydrocarbon Bags $846M EPC Contract from Kuwait Oil Company
Tuesday, July 15, 2014 L&T Hydrocarbon bags a $846 million engineering, procurement and construction contract from Kuwait Oil Company.