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Putin Says Oil Pact With OPEC May Be Extended to End of 2018
Wednesday, October 04, 2017 President Vladimir Putin said Russia is open to extending a deal with OPEC to curb oil supplies to the end of 2018.
Statoil And Partners Plan Output Capacity Expansion At Troll Gas Field
Tuesday, September 26, 2017 Statoil and partners are working to increase the output capacity of Troll, the country's largest gas field.
Total Extends 5% Annual Oil Output Growth Target
Monday, September 25, 2017 Total extended its 5% annual average oil production growth target until 2022.
Russia's Lukoil Eyes Decade Of Oil Output Growth
Wednesday, September 20, 2017 Lukoil expects its output to rise over the next 8-10 years as it brings new fields onstream, vice president and co-owner Leonid Fedun says.
OPEC Oil Output Slips From 2017 High On Renewed Libyan Outages
Thursday, August 31, 2017 OPEC oil output has fallen this month by 170,000 bpd from a 2017 high, a Reuters survey finds.
Innovate, Cut Costs: How A Russian Oil Firm Navigates Global Supply Curbs
Wednesday, August 09, 2017 A global deal cutting crude output has forced Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs.
BP Production Growth Boost Shares Despite Profit Drop
Tuesday, August 01, 2017 BP's 2Q profit dipped but beat forecasts after an exploration write-off in Angola.
Centrica To Produce 30 Bcf Of Gas From Rough Site By 1Q 2018
Tuesday, August 01, 2017 Centrica said it expects to produce up to 30 billion cubic feet (bcf) of gas from its Rough gas storage site by the first quarter of next year.
Snefrid Nord Gas Discovery Gets Thumbs Up
Thursday, July 06, 2017 Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea.
Total Says Martin Linge Oil Field Startup Delayed Until 2019
Thursday, July 06, 2017 Total says that the start of production at the Martin Linge oil and gas field located in the North Sea off the coast of Norway has been delayed following a previously-reported accident.
Russia's Gazprom CEO Sees 2017 Output At Over 450 Bcm
Friday, June 30, 2017 Gazprom plans to produce more than 450 billion cubic meters of natural gas this year.
Norway Govt Wins Ruling over Lowered Gas Pipeline Tariffs
Friday, June 30, 2017 The decision upheld the 2015 verdict of a lower court, which said the government acted within its rights when it lowered tariffs on offshore gas pipelines.
Shell, Exxon To Appeal Latest Groningen Gas Production Cap
Wednesday, June 28, 2017 A joint venture between Royal Dutch Shell and Exxon Mobil will file an appeal against a Dutch government plan to lower a production cap at the Groningen natural gas field.
Norway Increases Troll Gas Quota For Upcoming Gas Year
Tuesday, June 27, 2017 Statoil received a permit to increase gas output from its biggest gas field Troll.
EnQuest Confirms First Oil from Kraken
Monday, June 26, 2017 EnQuest confirms first oil from the Kraken development.
Gas Leak at Gjoa
Thursday, June 22, 2017 A gas leak occurred late Wednesday at the ENGIE E&P operated Gjoa field, located in the North Sea, according to a company statement.
Norwegian Production Declining
Wednesday, June 21, 2017 Norwegian production is decreasing, according to preliminary output figures released by the Norwegian Petroleum Directorate.
Poland Suspends Russian Gas Supplies Via Yamal Pipeline Due To Poor Quality
Wednesday, June 21, 2017 Poland temporarily halted gas deliveries from Russia via the Yamal pipeline due to poor quality of the gas.
OMV Restarts Work At Tunisian Nawara Gas Project After Blockade Ends
Tuesday, June 20, 2017 OMV restarts work at its Nawara natural gas project in southern Tunisia.
Norway Holds 'Significant Remaining Resources'
Thursday, June 15, 2017 Norway's 'significant remaining resources' can create value for the Norwegian society for many decades to come, according to the Norwegian Petroleum Directorate's new report.
Drax Says May Convert Coal Units To Run On Gas
Thursday, June 15, 2017 British power producer Drax is assessing whether to convert its remaining coal-fired power units to run on gas.
Norway Risks Oil, Gas Output Cut If Wage Talks Fail
Friday, June 09, 2017 5 Norwegian oil and gas fields will shut down production unless a wage deal is agreed with the Lederne trade union, an industry lobby group says.
Tatneft Pledges To Keep Oil Output In Check, In Line With Global Deal
Friday, June 09, 2017 Tatneft expects to keep its level of oil production broadly unchanged for the rest of this year, in line with the OPEC-led deal to curb output in an effort to support oil prices.
OPEC, Non-OPEC Extend Oil Output Cut By 9 Months To Fight Glut
Thursday, May 25, 2017 OPEC and non-member oil producers gear up to extend output cuts.
Statoil To Start Gina Krog Oil And Gas Field In June
Wednesday, May 24, 2017 Norwegian Petroleum Directorate gives consent for Statoil to start the Gina Krog oil and gas field in the North Sea.
Norway Oil Ministry Says Has No Plan To Cut Oil Output
Tuesday, May 23, 2017 Norway has no plans to cut its oil output, the country's oil and energy ministry says.
Norwegian Production Drops Month-on-Month
Friday, May 19, 2017 Production on the Norwegian Continental Shelf decline month-on-month in April, according to preliminary figures from the Norwegian Petroleum Directorate.
Russia's Gazprom Says May Raise 2017 Gas Output Forecast
Friday, May 19, 2017 Russian gas giant Gazprom says it may increase its gas production forecast due to robust demand.
Brent Bravo Platform Decommissioned, Will Run on Minimum Manning Mode
Tuesday, May 16, 2017 Wood Group will modify Shell's Brent Bravo platform in the North Sea to operate on minimum manning mode, following a decommissioning contract win.
Global Oil Market Rebalancing Speeds Up, Belied By Inventories
Tuesday, May 16, 2017 The global oil market is rebalancing and the pace at which supply and demand are falling into line is picking up.
Romania To Start Gas Production At New Caragele Field In 2019
Friday, May 12, 2017 Romgaz will start production in 2019 at a newly discovered gas field, its biggest find in three decades, the government says.
Russia Says Its Oil Cut Exceeds Level Demanded In OPEC-Led Pact
Wednesday, May 03, 2017 Russia's oil production on May 1 was 300,790 barrels per day below the level in October, meaning it has cut output by more than was demanded.
Oil Contractor Saipem Turns To Wind To Help Counter Downturn
Friday, April 21, 2017 Italy's Saipem is working to expand new lines of business including wind farms to help it cope with a slump in order books among oil services groups.
Russia Agrees On Preliminary Basis To Extend Oil Output Cuts Beyond June
Thursday, April 20, 2017 Russia agrees, on a preliminary basis, to extend beyond June the agreement among global oil producers to cut output, Kuwait's oil minister Essam al-Marzouq told reporters.
Dutch To Cut Gas Output To Reduce Earthquake Risk
Tuesday, April 18, 2017 The Netherlands will reduce production of its Groningen gas field by 10% from October to limit the risk of earthquakes.
Eni Shuts Down Oil Center At Major Italy Field After Local Order
Tuesday, April 18, 2017 Eni says it decided to temporarily shut down a treatment plant serving its biggest domestic oil field in southern Italy to meet a local order.
Transneft Says 2Q Oil Supplies To Belarus Revised Down To 5 Million Tonnes
Friday, April 14, 2017 Russia will supply 5 million tonnes of oil to Belarus in the second quarter, down from the 6 million tonnes seen previously, Russian oil pipeline monopoly Transneft says.
Global LNG Market to Double by 2035
Tuesday, April 11, 2017 The global energy market will have doubled by 2035, says Paul McConnell, Wood Mackenzie research director for global trends.
Russia's Novatek Says 1Q Gas Output Down 8.8% YOY
Monday, April 10, 2017 Novatek says its natural gas output declined by 8.8% in the first quarter of the year compared to the same period in 2016.
Russia's Surgutneftegaz Says Sticking To Global Oil Output Deal
Friday, April 07, 2017 Vladimir Bogdanov, the veteran head of Russia's 3rd largest oil producer Surgutneftegaz , told Reuters that his company was sticking to a global deal to cut oil output to support crude prices.
Italy Court Halts TAP Pipeline Work In Italy
Thursday, April 06, 2017 An Italian administrative court has halted work to remove olive trees standing in the path of a strategic pipeline that will bring central Asian gas into Europe.
MOL's Slovak Refinery Starting Planned Turnaround In April
Thursday, April 06, 2017 Slovak oil refiner Slovnaft, part of the Hungarian oil and gas group MOL, will shut down some production starting over the Easter holiday in April for a general turnaround lasting until June.
Authorities Approve Trestakk PDO
Wednesday, April 05, 2017 Norwegian authorities approve the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.
Latvia Opens Natural Gas Market To Competition
Monday, April 03, 2017 Latvia opens its natural gas market, aiming to end its decades-long energy dependency on Russia's Gazprom by providing third-party access to the country's natural gas system.
Italian Police Disrupt Protest To Prevent Olive Grove Removal
Wednesday, March 29, 2017 Italian police break up a protest by environmentalists trying to prevent the removal of a grove of olive trees standing in the way of a $40 billion pipeline to bring Asian gas to Europe.
Poland Considers Building Floating LNG Terminal By 2021
Monday, March 27, 2017 Poland is considering building a second liquefied natural gas(LNG) terminal on the Baltic Sea by 2021.
IEA Says Oil Market Could Tilt Into Deficit In 1H If OPEC Sticks To Cuts
Wednesday, March 15, 2017 If OPEC maintains its output cuts, demand should overtake supply in the first half of this year, the International Energy Agency says.
Russia's Lukoil Sees Hydrocarbon Output Growth Of 3-4% In 2017
Wednesday, March 15, 2017 Russian oil firm Lukoil forecasts its hydrocarbon output will grow 3-4% in 2017.
Kremlin Says No Decision Yet On Prolonging Global Oil Output Cuts
Tuesday, March 14, 2017 It is too early to decide on a unified position about the possible extension of a global pact to cut oil output, a Kremlin spokesman says.
Statoil Plans To Extend Statfjord A Output Until 2022
Wednesday, March 08, 2017 Norway's Statoil plans to extend production at its oldest oil platform still in operation, the Statfjord A, until 2022.
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