Results21 articles shown
OneSubsea Secures Zohr EPC Contract
Tuesday, June 21, 2016 OneSubsea secures an engineering, procurement and construction contract for the first stage of the Zohr gas field, totaling more than $170 million, from Belayim Petroleum Company (Petrobel).
Skyland Commences First Oil from Kyzyl-Tumshuk Field in Tajikistan
Monday, June 20, 2016 Australia's Skyland Petroleum commences first oil production at the Kyzyl-Tumshuk field in Tajikistan.
BP Sanctions Atoll Phase One Project in Egypt
Monday, June 20, 2016 BP sanctions the development of the Atoll Phase One project in Egypt.
CAPEX Spending Cuts to Delay New Gulf of Mexico Production
Wednesday, June 15, 2016 Cutbacks to oil and gas exploration and production spending will negatively impact the U.S. Gulf of Mexico, according to an E&Y official.
ConocoPhillips Says 73 percent of Wells at Surmont Project Online
Wednesday, June 15, 2016 ConocoPhillips reports that 73 percent of wells at its Surmont oil sands project in northern Alberta are back in production or injecting steam, with no unexpected complications or issues affecting the effort.
Iran's Crude Oil Production At 3.8M Bpd
Tuesday, June 14, 2016 Iran's crude oil production has reached 3.8 million barrels per day, says the country's oil minister.
IEA Sees Global Oil Market Returning To Surplus In Early 2017
Tuesday, June 14, 2016 Oil supply and demand will balance in the second half of 2016 after a series of unplanned production outages, but the market is expected to tilt into surplus in the first half of next year.
Russia's Gazpromneft To Increase 2016 Output By 5%
Friday, June 10, 2016 The head of Gazpromneft says the company will increase its 2016 hydrocarbon output by 5% to 85-86 million tons of oil equivalent.
Ghana Sees Rapid Increase of Oil, Gas Output as Sankofa Field Starts
Tuesday, June 07, 2016 Ghana sees first oil production from the offshore Sankofa field, which is being developed by Eni and Vitol, taking place during the second half of 2017.
Kiliwani North Production to Increase in Near Future
Monday, June 06, 2016 Production from the Kiliwani North Development License in Tanzania will increase to 30 million cubic feet per day in the near future as a nearby gas plant and subsea pipeline is commissioned.
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.
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.
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.
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.
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.
LGO Energy Starts Production from New GY-50 Interval
Thursday, May 12, 2016 LGO Energy plc announces that production has now started from a new interval in well GY-50 at the Goudron Field in Trinidad.
Japex To Keep Canada Oil Sands Ops Idle After Fire Due To Low Prices
Thursday, May 12, 2016 Japex will not restart production at its Hangingstone oil sands concession in Alberta, Canada, for the foreseeable future due to low prices, even after fires in the area were brought under control.
Lundin Petroleum Q1 Beats Forecast, Raises Sverdrup Capacity Estimate
Wednesday, May 11, 2016 Lundin Petroleum raises output estimates for the first phase of the giant Johan Sverdrup field as it beats 1Q core earnings expectations.
Canada Getting Handle on Alberta Wildfire, No Restart Yet for Oil Operation
Sunday, May 08, 2016 Canadian officials say they are beginning to get on top of the country's most destructive wildfire in recent memory, as winds take flames away from oil sands town Fort McMurray.
Tullow Oil Cuts Deeper As Banks Agree To Amend Loan Terms
Thursday, April 28, 2016 Tullow Oil reduces its annual capital expenditure budget by another $100 million to $1 billion and may cut spending further as it adjusts its balance sheet to weak oil prices.
LGO Boosts Production at Goudron Field in Trinidad
Wednesday, April 27, 2016 Production starts from a new interval in well GY-671 on the Goudron field in Trinidad.
|Light Crude Oil :||$50.11/BBL||1.99%|
|Natural Gas :||$2.69/MMBtu||0.74%|
|Brent Crude Oil :||$50.91/BBL||2.06%|
|Updated in last 24 hours|