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Unsung Gulf of Mexico Tracks New Crude Oil Production Record
Tuesday, April 25, 2017 Permian Basin hoards the spotlight, but meanwhile, offshore producers are a fraction of a percentage point away from hitting another all-time high during the first half of the year, according to RBN Energy.

Azeri Absheron Gas Field Could Start Production At End-2019
Tuesday, April 25, 2017 Natural gas production at Azerbaijan's Absheron field in the Caspian Sea could begin in late 2019 or early 2020.

Iraq Begins Final Expansion Phase At Halfaya Aiming To Double Output
Tuesday, April 25, 2017 Iraq launches the 3rd and final phase of work to expand its southern Halfaya oil field, aiming to double its output capacity in 2018 to 400,000 barrels per day.

China To Boost Non-Fossil Fuel Use To 20% By 2030
Tuesday, April 25, 2017 China aims for non-fossil fuels to account for about 20% of total energy consumption by 2030.

Azeri, Saudi Energy Ministers To Discuss Extension Of Oil Output Cuts
Tuesday, April 25, 2017 Azerbaijan's energy minister, Natig Aliyev, says he will discuss a possible extension of the global oil output cut deal at a meeting with his Saudi counterpart on Wednesday.


  


India Aims To Cut Petroleum Imports As It Boosts Alternative Fuel Use
Monday, April 24, 2017 India aiming to cut its oil products imports to zero as it turns to alternative fuels such as methanol in its transport sector.

Iran Ranks As No. 2 Oil Supplier To S. Korea First Time For A Quarter
Monday, April 24, 2017 Iran ranked as South Korea's 2nd-biggest oil exporter over the first 3 months of 2017 as it ramped up output to regain market share after sanctions were lifted last year.

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.

Libya Oil Field Idled in 2015 Now Awaits Power to Resume Pumping
Thursday, April 20, 2017 Libya's El-Feel oil field is ready to resume production after a two-year halt in operations, but there's a problem: It doesn't have enough electricity to pump the crude.

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.

Blackstone Bets Gas Money Will Be Made in the Oil Patch
Tuesday, April 18, 2017 The oil boom in the Permian Basin, America's most prolific crude play, has become a gas boom.

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.

Williams Partners Sharpens Natgas Focus With Petrochem Plant Sale
Monday, April 17, 2017 Williams Partners LP says it will sell its stake in a unit that owns 88.46% of an olefins plant in Louisiana to Nova Chemicals for $2.1B in cash.

May US Shale Oil Output Seen Rising Most In Over 2 Years
Monday, April 17, 2017 US shale production in May was set for its biggest monthly increase in more than two years, government data shows.

Iran Boosts Gas-Output Capacity With New Projects at Giant Field
Monday, April 17, 2017 Iran boosts output by inaugurating six projects at the giant South Pars offshore field.

Dakota Access Pipeline To Start Interstate Service May 14
Friday, April 14, 2017 The controversial Dakota Access Pipeline will begin interstate crude oil delivery on May 14, according to a filing.

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.

Nigeria's Military Destroys 13 Illegal Oil Refineries
Thursday, April 13, 2017 Nigeria's military says it destroyed 13 illegal refineries in the restive Niger Delta oil hub.

Turkey Sees No Need for Cyprus to Approve Israel Gas Pipeline
Thursday, April 13, 2017 A Turkey-Israel gas pipeline deal could be built through Cyprus' economic waters even without Cypriot consent, a Turkish official says.


 
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