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Woodside Flags Growth Options After Tough Year
Wednesday, February 22, 2017 Woodside Petroleum Ltd says it sees its output rising by about 15% over the next 3 years and flags plans to expand near-term output in Western Australia.

Turkey 'Must' Raise Domestic Energy Production To Above 50% This Year
Wednesday, February 22, 2017 Turkey must increase its energy production from domestic sources to above 50% this year and above two thirds within a decade, Energy Minister Berat Albayrak says.

NPD: Total Proven, Unproven Resources on NCS Equals 14.3 Bcm
Tuesday, February 21, 2017 Total proven and unproven petroleum resources on the Norwegian continental shelf equate to 14.3 billion standard cubic meters of oil equivalents, the NPD says.

Russia's Rosneft, Libya's NOC Sign Oil Offtake Deal
Tuesday, February 21, 2017 Libya's National Oil Corporation (NOC) signs a crude oil offtake agreement with Russia's Rosneft as it looks to encourage foreign investment and bolster Libyan output.

Eland: Opuama-3 Well Hits 150,000 Barrel Mark
Tuesday, February 21, 2017 Eland Oil & Gas plc announces that the Opuama-3 well in Nigeria's OML 40 license has produced over 150,000 barrels of oil since the company's last update on Jan. 31.


  


Lekoil Aims to Ramp Up Otakikpo Output to 10,000 BOPD by 2Q
Monday, February 20, 2017 Africa-focused oil and gas company Lekoil aims to ramp up production from the Otakikpo Marginal Field, located in Nigeria's OML 11, to 10,000 barrels of oil per day by the end of 2Q.

Global LNG Demand Set to Rise to 2030
Monday, February 20, 2017 Global demand for liquefied natural gas (LNG), which reached 265 million tons in 2016, is set to grow to 2030, according to a new LNG Outlook report by Royal Dutch Shell plc.

Iraq's Oil Reserves Increase To 153 Billion Barrels, Oil Minister Says
Monday, February 20, 2017 Iraq's oil reserves increase to 153 billion barrels, from a previous estimate of 143 billion barrels, Oil Minister Jabar al-Luaibi says.

Bombing Halts Pumping On Colombia's Cano-Limon Oil Pipeline
Monday, February 20, 2017 Pumping operations along Colombia's second-most important oil pipeline, the Cano-Limon Covenas, were halted due to a bomb attack.

Enbridge CEO Says Canada Only Needs Two More Export Pipelines
Friday, February 17, 2017 Two new crude oil export pipelines will provide enough capacity to ship Canadian production to market until at least the mid 2020s, Enbridge CEO Al Monaco says.

Ithaca Energy Starts Production from North Sea Stella Field
Friday, February 17, 2017 North Sea oil and gas operator Ithaca Energy Inc. announces the successful start-up of production from the Stella field.

Iraq Plans To Acquire 'Large Fleet' Of Oil Tankers
Friday, February 17, 2017 Iraq plans to acquire a "large fleet" of oil tankers to transport the OPEC nation's crude to global markets, Oil Minister Jabar al-Luaibi says.

Fluor to Support FEED for Woodfibre Project Near Vancouver
Friday, February 17, 2017 Fluor signs a subcontract with JGC America to provide construction-related support to the FEED services for the Woodfibre LNG project.

Kraken 2Q Start-up 'On Track'
Friday, February 17, 2017 EnQuest plc reveals that the Kraken development is progressing and the delivery of first oil in 2Q is on track.

China's 2017 Natural Gas Output To Jump To 170 Bcm
Friday, February 17, 2017 China's natural gas production will surge by about a quarter to 170 billion cubic metres (bcm) in 2017 from 136.8 bcm in 2016, estimates from the National Energy Administration show.

Cenovus May Restart Another Two Deferred Oil Sands Projects
Thursday, February 16, 2017 Cenovus Energy says it is doing engineering and design work at two of its deferred oil sands projects in northern Alberta.

UAE's ADNOC Offers April Murban Crude From S.Korea Storage In Rare Move
Thursday, February 16, 2017 Abu Dhabi National Oil Company offers Murban crude to be loaded in April from its oil storage in South Korea.

Wintershall Selects Skarfjell Field Development Solution
Wednesday, February 15, 2017 Wintershall Norge - and its license partners Capricorn Norge AS, Bayerngas Norge AS, Edison Norge AS and DEA Norge AS - have selected a development solution for the Skarfjell field in the North Sea.

Egypt Hopes To Reach Gas Market Balance In 2018, To Export By 2020
Wednesday, February 15, 2017 Egypt hopes its gas market will be balanced in 2018 and expects to begin exporting gas by 2020.

Libya Sees Crude Output Rising on Better Big Oil Work Conditions
Wednesday, February 15, 2017 Libya's crude production exceeded 700,000 barrels a day and is due to keep rising as working conditions in the conflict-ridden country improve for international companies.

Thai Oil Targets 2017 Refining Rate At 100-103 Pct Of Capacity
Tuesday, February 14, 2017 Thailand's largest oil refiner Thai Oil aims to run its refinery at 100-103% of its 275,000 barrel-per-day (bpd) capacity in 2017, and has no plans for any maintenance shutdowns.

Shell, Pavilion Gas To Start Shipping LNG To Singapore In 2017
Tuesday, February 14, 2017 Shell Eastern Petroleum and Pavilion Gas will start supplying Singapore with liquefied natural gas (LNG) later in 2017 under contracts awarded last year.

Nigeria Must Offer Work To Illegal Refiners To Reach Peace
Tuesday, February 14, 2017 Nigeria needs to offer work for illegal refiners in the Niger Delta to help achieve peace there, Vice President Yemi Osinbajo says.

NPD Grants Consent for the Expansion of Nyhamna Gas Plant
Friday, February 10, 2017 The Norwegian Petroleum Directorate grants consent for the expansion of the gas plant at Nyhamna, which will allow the Ormen Lange field in the Norwegian Sea to increase production.

S. Korea's KOGAS Says Interested In US Shale Gas Projects
Friday, February 10, 2017 Korea Gas Corp (KOGAS) would be "interested" in participating in US shale gas projects, with such investment curbing any potential trade pressure on South Korea from the US government.


 
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