Results 39 articles shown
Official: Argentina To Boost Crude Oil Output To 653,000 Bpd By 2025
Friday, May 27, 2016 Argentina aims to eliminate its need for crude imports while increasing domestic oil output to 653,000 barrels per day (bpd) in 2025, a 23 percent increase from 2015, an official from the Energy Ministry says.
Amec FW Clinches KOC's FEED Contract to Upgrade OGC in Kuwait
Friday, May 27, 2016 Amec Foster Wheeler clinches a front end engineering design contract from Kuwait Oil Co. to upgrade its Oil Gathering Center in Kuwait.
Govt: Vietnam's Jan-May Crude Oil Exports Drop 20.6% YOY
Friday, May 27, 2016 Vietnam's crude oil exports during January-May fell 20.6 percent from the same period last year to an estimated 3.06 million tons, or 148,000 barrels per day (bpd), the government says.
Reliance Said To Revive Offshore India Gas Project By End-2017
Friday, May 27, 2016 Reliance Industries is preparing to restart work in four offshore oil and gas blocks as it seeks to revive development activity stalled for seven years by disputes with the government, according to a people with knowledge of the plan.
Real Energy Completes Taramara-1 Fracture Stimulation Program in Queensland
Friday, May 27, 2016 Real Energy completes a fracture stimulation program at Tamarama-1 well in ATP927P in Queensland, Australia.
PETRONAS Extends Contract to Supply LNG to China's JOVO Group
Thursday, May 26, 2016 PETRONAS extends a contract to supply liquefied natural gas to China's JOVO Group to at least 2023.
Santos Commences First Production from GLNG Train 2 on Curtis Island
Thursday, May 26, 2016 Santos starts liquefied natural gas production from GLNG Train 2 on Curtis Island, Queensland, Australia.
Strike Energy Updates on Southern Cooper Basin Gas Project in PEL 96
Thursday, May 26, 2016 Strike Energy provides an update on the Southern Cooper Basin Gas Project in permit PEL 96 in Australia.
Technip Secures Statoil Umbilical Contract
Wednesday, May 25, 2016 Technip Umbilicals Ltd secures a contract by Statoil ASA to supply the umbilical to the Oseberg Vestflanken 2 field offshore Norway.
Tanzania Plans To Invest $1.9B In Year In Energy Projects By 2025
Wednesday, May 25, 2016 Tanzania plans to invest $1.9 billion each year by 2025 in energy projects in a bid to end power shortages and boost industrial growth in East Africa's second-biggest economy.
Primeline to Commence Arbitration Against CNOOC Over China's Offshore Block
Wednesday, May 25, 2016 Primeline Energy to commence arbitration proceedings against joint venture partner CNOOC under the provisions of the petroleum contract for Block 25/34 in East China Sea.
BP Indonesia Cuts Investment Budget For Tangguh Train 3 LNG Project
Wednesday, May 25, 2016 BP cuts its investment budget for the Tangguh Train 3 LNG project in Indonesia to between $8 billion and $10 billion, from $12 billion previously, according to a company official.
JDR Bags Subsea Deal from GE Oil & Gas for India's Vashishta & S1 Project
Wednesday, May 25, 2016 JDR bags a subsea contract from GE Oil & Gas for the Oil & Natural Gas Corp.-operated Vashishta & S1 project offshore India's east coast.
Exxon Says Crude Output At Indonesia's Cepu Block Could Reach 200,000 Bpd
Wednesday, May 25, 2016 Crude oil output from Exxon Mobil's Cepu block in Indonesia could reach 200,000 barrels per day (bpd), up from 185,000 bpd at present, if the government approves an increase, a company spokesman says.
Decmil Bags Framework Deal with QGC for Brownfield Projects in Surat Basin
Tuesday, May 24, 2016 Decmil Australia bags a framework agreement with QGC for brownfield projects within the Surat Basin in Queensland, Australia.
Thai PTTEP Says Keen To Buy Stake In Myanmar Gas Field From Chevron
Tuesday, May 24, 2016 PTT Exploration and Production Pcl (PTTEP), Thailand's largest oil and gas explorer, says it was keen to buy a stake in Yadana gas field in Myanmar from Chevron Corp.
Sinopec Targets 15Bcm Annual Shale Gas Production Capacity In Chongqing
Monday, May 23, 2016 Sinopec is targeting annual shale gas production capacity of 15 billion cubic metres and annual shale gas output of 10 bcm in the southwestern city of Chongqing by 2020.
Real Energy Commences Fracture Stimulation Program at Tamarama-1
Monday, May 23, 2016 Real Energy Corporation Limited commences a five-stage fracture stimulation program at theTamarama-1 well at located in the Windorah Gas Project in ATP 927P, Australia, Queensland.
Militants Attack Agip Oil Pipeline In Nigeria's Bayelsa State
Sunday, May 22, 2016 A crude oil pipeline in Nigeria's southern state of Bayelsa, operated by the local subsidiary of Italy's Eni, was attacked on Sunday.
Egypt's Gas Projects To Increase Production To 6Bcf Per Day By End-2019
Sunday, May 22, 2016 Egypt will increase its natural gas production to between 5.5 and 6 billion cubic feet per day by the end of 2019, says Oil Minister Tarek El Molla.
Woodside Reports Higher Contingent Resource from 2 Myanmar Discoveries
Friday, May 20, 2016 Woodside Petroleum reports an 83 million barrels of oil equivalent (MMboe) increase in contingent resource to 4,481 MMboe from its two recent discoveries offshore Myanmar.
Magellan Sells Australia's Mereenie Field Bonus Rights to Macquarie Bank
Friday, May 20, 2016 Magellan Petroleum Corp. sells bonus rights for the Mereenie oil and gas field in Australia's Amadeus Basin to Macquarie Bank for $2.5 million.
China's Cheaper Coal Seen Slowing Switch To Cleaner Natural Gas
Friday, May 20, 2016 China's effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner.
Norwegian Production Rises
Friday, May 20, 2016 Norway's production levels are increasing, according to preliminary production figures from the Norwegian Petroleum Directorate.
Egyptian Al Amir SE 24 Development Well Flows Oil
Friday, May 20, 2016 Significant oil bearing reservoir sections were found in the recently completed Al Amir SE 24 development well in North West Gemsa, where SDX Energy has 10% working interest.
Russia's Gazprom Expects 2016 Rebound In Output
Thursday, May 19, 2016 Gazprom will raise production this year but has slowed construction of its Power of Siberia pipeline set to serve China from 2018, says Deputy Chairman Vitaly Markelov.
ENI Gas Pipeline In Nigeria's Delta Attacked
Wednesday, May 18, 2016 Unknown attackers blow up a gas pipeline belonging to Italy's ENI in Nigeria's restive Niger Delta, residents say.
PETRONAS' PLNG SATU Heads to Malaysia's Kanowit Gas Field Off Sarawak
Wednesday, May 18, 2016 PETRONAS' first floating liquefied natural gas facility PLNG SATU heads for Kanowit gas field offshore Sarawak, Malaysia from Daewoo Shipbuilding & Marine Engineering Co.'s Okpo yard in South Korea.
Australia's Bounty Raises Oil Stakes in Surat Basin, Exits PL214 JV
Wednesday, May 18, 2016 Bounty Oil & Gas signs deals to increase oil stakes in Australia's Surat Basin, while exiting the PL214 Joint Venture in Queensland.
Australia's Gorgon LNG Export Facility Restarting Operations
Wednesday, May 18, 2016 Chevron begins to restart its Gorgon liquefied natural gas export facility in Australia following its unplanned shutdown in April.
Brazil Regulator Renews Two Petrobras Offshore Leases For 27 years
Wednesday, May 18, 2016 Brazilian petroleum regulator ANP says it extended state-run oil company Petrobras' concessions to explore and produce oil from the Marlim and Voador offshore fields for 27 years, to 2052.
KOGAS, PDPDE Sign MOU to Build Gas Pipelines in Indonesia for $600M
Wednesday, May 18, 2016 Korea Gas Corp. (KOGAS) signs a memorandum of understanding with PT Perusahaan Daerah Pertambangan dan Energi (PDPDE) South Sumatra to build gas pipelines in Indonesia for $600 million.
IEV Mobilizes for T&I Work on Shell's Malikai TLP Offshore Sabah
Tuesday, May 17, 2016 IEV Malaysia makes preparation to transport and install Shell's Malikai Tension Leg Platform offshore Sabah, Malaysia.
Circle Flows Oil From AASE-24 Well in Egypt
Tuesday, May 17, 2016 Circle Oil plc flows oil from the AASE-24 well on the North West Gemsa field in Egypt.
China Grants Environmental Approval To Russia-China Gas Pipeline
Tuesday, May 17, 2016 China grants an environmental clearance to the Chinese section of the Russia-China natural gas pipeline.
Mexico's Pemex Says It Failed To Replenish Its Reserves In 2015
Tuesday, May 17, 2016 Mexican state oil giant Pemex says it failed to replenish its proven reserves in 2015 with enough new discoveries, after its reserve-replacement ratio hit just 18 percent in 2014.
Planned Papua LNG Project May Create 10,000 Construction Jobs in 2018
Monday, May 16, 2016 Total is progressing work on the Papua LNG Project in PRL 15 in Papua New Guinea and construction is expected to commence in 2018, creating up to 10,000 jobs.
BP Doubles Culzean Field Stake
Monday, May 16, 2016 BP plc doubles its interest in the Culzean development in the UK Central North Sea to 32%, following its acquisition of an additional 16% interest from JX Nippon.
Santos Spuds AAL-4Z Appraisal Well in Indonesia's Offshore NW Natuna PSC
Monday, May 16, 2016 Australia's Santos spuds AAL-4X appraisal well in Northwest Natuna production sharing contract, off Indonesia with the jackup Raniworo.
|Brent Crude Oil :||$49.59/BBL||0.30%|
|Light Crude Oil :||$49.48/BBL||0.16%|
|Natural Gas :||$1.96/MMBtu||1.50%|
|Updated in last 24 hours|