Results 26 articles shown
Ahead Of Promised Cut, Russia's Oil Output Hits Record High
Friday, December 02, 2016 Russia plans to use its rercent oil production as its baseline when it cuts output under this week's deal with OPEC,Deputy Energy Minister Kirill Molodtsov says.
Production Drilling Begins at Mariner Field in UK North Sea
Friday, December 02, 2016 Production drilling has started on the Mariner field in the UK North Sea, Statoil announced Friday.
OPEC To Meet Non-OPEC Producers On Dec. 10 In Moscow
Friday, December 02, 2016 OPEC will meet non-OPEC countries to finalise a global oil limiting pact on Dec. 10 in the Russian capital Moscow, two OPEC sources told Reuters on Friday.
Azerbaijan Energy Minister: No Plan To Increase Oil Output In 2017
Thursday, December 01, 2016 Azerbaijan has no intention of increasing crude oil output in 2017, Energy Minister Natig Aliyev said on Thursday.
Leviathan Partners Sign $2B Israeli Power Plant Natgas Deal
Thursday, December 01, 2016 The partners in the Leviathan natural gas field off Israel's coast said on Thursday they signed a deal worth about $2 billion to supply gas to Dalia Power Engines.
Louisiana LNG Export Project Clears DOE Hurdle
Thursday, December 01, 2016 The DOE grants authorization for a proposed LNG terminal in Lake Charles, La., to export LNG to countries with which the United States has not entered into a free trade agreement (non-FTA approval).
Shale Production to Grow, Offshore Output to Decline from 2018
Thursday, December 01, 2016 Shale production is expected to grow significantly from 2018, with a yearly addition of 1 million barrels per day, while offshore output will see a decline from the same year, according to Rystad Energy.
Russia Says To Cut Oil Output From Nov-Dec Levels
Thursday, December 01, 2016 Russia will cut its oil output from November-December levels, Energy Minister Alexander Novak told reporters on Thursday.
Russia Ready To Cut Oil Output By 300,000 Bpd In 1H, As Agreed With OPEC
Wednesday, November 30, 2016 Russia is ready to cut oil production "gradually" by up to 300,000 bpd in the first half of next year as part of an agreement with OPEC, Russian Energy Minister Alexander Novak says.
Chevron Temporarily Halts Production Unit At Australia LNG Plant
Wednesday, November 30, 2016 Chevron Corp temporarily halts output from one of the 2 production units at its Gorgon liquefied natural gas (LNG) plant off Australia's west coast.
N. Dakota Law Enforcement To Block Pipeline Protesters' Supplies
Tuesday, November 29, 2016 North Dakota law enforcement will begin to block supplies from reaching protesters at a camp near the construction site of an oil pipeline project.
Hurricane Energy Signs FPSO Agreement for Lancaster Field
Tuesday, November 29, 2016 Hurricane Energy signs an agreement with Bluewater Energy Services for the use of the Aoka Mizu Floating Production Storage and Offloading Vessel on the company's Lancaster field, West of Shetland.
China To Further Open Up Upstream Oil, Gas Sector By 2020
Tuesday, November 29, 2016 China will open up its upstream oil sector further between 2016 and 2020, the official Xinhua news agency reported, citing the vice minister of the Ministry of Land and Resources.
Ithaca Energy Expects Stella Production to Commence January
Friday, November 25, 2016 Ithaca Energy Inc. expects the production start-up of the Stella field, located in the central North Sea, to commence in January 2017 after a program of necessary repairs was identified.
Norway Approves Hike In Troll's 2016 Oil Output Quota-Letter
Friday, November 25, 2016 Norway's oil and energy ministry approves a hike in the 2016 oil output quota of the North Sea Troll field to 46.5 million barrels from 41.7 million, giving it the highest output level since 2009.
Oil Companies Shoulder Pain Of Downturn With Lower Output
Thursday, November 24, 2016 The world's listed oil companies have slashed oil output by 2.4% so far this year during one of the industry's worst downturns.
Woodside Moving Forward With Browse, Scarborough Projects At Similar Pace
Thursday, November 24, 2016 Woodside Petroleum is moving forward with its Scarborough area gas fields and its delayed Browse liquefied natural gas (LNG) project at a similar rate.
Azerbaijan Signals OPEC Wants Big Cuts From Non-OPEC Producers
Thursday, November 24, 2016 OPEC may ask oil producers outside the cartel to make big cuts in output.
Lukoil Flows Oil from V. Filanovsky Field in Caspian Sea
Thursday, November 24, 2016 Lukoil flows oil from a third well at the offshore Vladimir Filanovsky field in the Caspian Sea.
China To Invest $268M In Chongqing Shale Gas Project
Wednesday, November 23, 2016 China will invest 1.85 billion yuan to develop a shale gas project in Chongqing with an annual production capacity of 2 billion cubic meters in 3 to 5 years.
Mozambique's ENH Approves Investment Plan For Eni's Coral South Project
Wednesday, November 23, 2016 Mozambique's National Hydrocarbons Company (ENH) said on Wednesday it had approved its investment plan for the Coral South offshore gas project being led by Italian energy company Eni.
Total, SOCAR Sign Absheron Development Agreement
Tuesday, November 22, 2016 Total and SOCAR sign an agreement establishing the contractual and commercial terms for a first phase of production from the Absheron gas and condensate field, located in the Caspian Sea.
OPEC Experts Resume Talks On Oil Output Cut, Delegates Upbeat
Tuesday, November 22, 2016 OPEC experts discussing how to implement a plan to cut oil output are likely to reach agreement later on Tuesday, a Nigerian delegate says.
UK Government Support Package Needed for Scolty/Crathes Job Creation
Tuesday, November 22, 2016 A UK government support package is required to achieve the job generation potential from the start-up of the Scolty/Crathes development in the North Sea.
Kazakhstan's Giant Kashagan Oil Field Begins Commercial Output
Monday, November 21, 2016 Kazakhstan's giant Kashagan oil field starts commercial output, a milestone for the repeatedly delayed $55 billion project.
EnQuest Achieves First Oil from North Sea Scolty/Crathes Project
Monday, November 21, 2016 Independent energy firm EnQuest achieves first oil from the Scolty/Crathes development, located in the central North Sea.
|Brent Crude Oil :||$54.46/BBL||0.96%|
|Light Crude Oil :||$51.68/BBL||1.21%|
|Natural Gas :||$3.44/MMBtu||1.99%|
|Updated in last 24 hours|