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Chevron Approves New Tech Investment To Raise Output At North Sea Field
Friday, October 20, 2017 Chevron approves an investment to increase output from its Captain oilfield by using a new water-injection technology for the first time in the North Sea, the company says.
OPEC Sends Strongest Signal Cuts Will Be Extended to End-2018
Thursday, October 19, 2017 OPEC sent its strongest signal yet that output cuts will be extended until the end of 2018.
Encana Calls End to Permian Race as Focus Turns to Output
Wednesday, October 18, 2017 Investors will focus on how profitably companies are able to produce from their current holdings, Suttles says.
Iraq Aims To Double Kirkuk Oil Output Capacity To More Than 1 MMbpd
Tuesday, October 17, 2017 Iraq plans to contract a foreign oil company to almost double the oil production capacity of the northern Kirkuk fields.
Iraqi Forces Seize Oil City Kirkuk From Kurds In Bold Advance
Monday, October 16, 2017 Iraqi government forces captured the major Kurdish-held oil city of Kirkuk, responding to a Kurdish referendum on independence.
Weak Alberta Gas Prices To Hurt Producer, Provincial Revenues
Friday, October 13, 2017 Western Canadian natural gas prices have been stuck at historically weak levels since summer due to prolonged pipeline maintenance.
IEA: China's Crude Oil Buying Spree Looks Set To Continue
Thursday, October 12, 2017 China has built its crude oil stockpiles at a record pace in 2017 and inventories could hit the billion-barrel mark in six months, IEA says.
OPEC Is Said to See Oil Inventory Glut Finally Gone in One Year
Thursday, October 12, 2017 OPEC expects its efforts to clear the surplus in oil inventories to finally succeed by the end of the third quarter of next year, say people familiar with the group's internal forecasts.
Focus On: Production Start Up
OPEC Again Raises Demand Forecast For Its Oil, Points To 2018 Deficit
Wednesday, October 11, 2017 OPEC forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was getting rid of a glut.
BSEE: About 32.7% US Gulf Oil Output Offline Due To Hurricane Nate
Wednesday, October 11, 2017 About 32.7% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate.
ExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate
Tuesday, October 10, 2017 ExxonMobil resumes normal operations at its Julia and Hadrian South subsea production systems.
How Deep Will Saudi Cut Its Oil Output? To the Lowest Since 2015
Tuesday, October 10, 2017 Saudi Arabia has promised to do 'whatever it takes' to end the global oil gut.
Iraq's Talks with Exxon on Southern Oilfields in Final Stages-Minister
Monday, October 09, 2017 Iraq's talks with Exxon Mobil to develop a multi-billion-dollar project to boost output from several southern oilfields are nearing completion, oil minister Jabar al-Luaibi said on Monday.
Kinder Morgan Canada Kills Request Linked to Trans Mountain Pipeline
Monday, October 09, 2017 Kinder Morgan Canada Ltd on Friday withdrew its request to install anti-fish-spawning mats in construction areas for its embattled Trans Mountain pipeline expansion.
Saudi Says "Flexible" on Russian Idea to Extend Oil Cuts to End-2018
Thursday, October 05, 2017 Saudi Arabia made no firm pledge to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was "flexible" regarding Moscow's suggestion to prolong the pact until the end of 2018.
Putin Says Oil Pact With OPEC May Be Extended to End of 2018
Wednesday, October 04, 2017 President Vladimir Putin said Russia is open to extending a deal with OPEC to curb oil supplies to the end of 2018.
Libyan Oil Output Is Set to Rebound as Biggest Field Restarts
Wednesday, October 04, 2017 Libya's oil output is on track to resume its recovery as the OPEC nation's biggest crude deposit started pumping after a three-day forced halt.
Engineer: Libya's Sharara Oilfield Still Shut Due To Action By Armed Brigad
Tuesday, October 03, 2017 Libya's giant Sharara oilfield remained closed on Tuesday morning, two days after an armed brigade shut it down over salary claims and other demands.
Iraq Hopes To Resume Production From Nineveh Oil Fields In Coming Months
Tuesday, October 03, 2017 Iraq Hopes To Resume Production From Nineveh Oil Fields In Coming Months
OPEC Oil Output Climbed in September as Libya, Nigeria Recover
Monday, October 02, 2017 OPEC nations pumped slightly more crude in September as Libya's biggest oil field returned to production.
Libya Oil Output Drops to 5-Month Low on Biggest Field Halt
Monday, October 02, 2017 Libya's oil production slumps to a five-month low.
Libya Oil Output Gains as Country Faces Calls to Join OPEC Cuts
Wednesday, September 27, 2017 Libya's oil output is rising again after disruptions ended at its biggest field, with production reaching about 950,000 barrels a day.
Total Expects Port Arthur Refinery Production Return Soon
Tuesday, September 26, 2017 Total expects production soon from its 225,500-barrel-per-day Port Arthur, Texas, refinery.
Statoil And Partners Plan Output Capacity Expansion At Troll Gas Field
Tuesday, September 26, 2017 Statoil and partners are working to increase the output capacity of Troll, the country's largest gas field.
Nigeria's NPDC Says To Raise Output To 300,000 Bpd By 2018
Monday, September 25, 2017 The main subsidiary of Nigeria's state oil company says it planned to increase production from fields.
Total Extends 5% Annual Oil Output Growth Target
Monday, September 25, 2017 Total extended its 5% annual average oil production growth target until 2022.
Turkey Warns Iraq Kurds It Can 'Close the Valves' on Oil Exports
Monday, September 25, 2017 Turkey can choose to 'close the valves' on oil exports from Iraq's Kurdish region through the Turkish port of Ceyhan, President Recep Tayyip Erdogan warned as Kurds voted.
Fault at Israel's Tamar Gas Field Prompts Use of Dirtier Fuels
Friday, September 22, 2017 A fault in the supply of natural gas from Israel's only commercial field has forced Energy Minister Yuval Steinitz to authorize the use of alternative fuel sources to produce electricity.
Iraq's Kurds Seek Independence: What Impact for Oil Markets?
Thursday, September 21, 2017 At stake are the petrodollars that have helped sustain the Kurdish Regional Government's semi-autonomous rule after a budgetary deal with the federal government fell apart.
BP Restores Power At Thunder Horse Platform After Outage
Wednesday, September 20, 2017 BP restores power at its Thunder Horse platform in the US Gulf of Mexico.
Russia's Lukoil Eyes Decade Of Oil Output Growth
Wednesday, September 20, 2017 Lukoil expects its output to rise over the next 8-10 years as it brings new fields onstream, vice president and co-owner Leonid Fedun says.
BP's Thunder Horse Platform Shut Temporarily On Power Issue
Tuesday, September 19, 2017 BP halts production at its Thunder Horse platform in the US Gulf of Mexico following a power outage.
Algeria's Sonatrach To Boost Output From Rhourde El Baguel Field
Monday, September 18, 2017 Sonatrach will boost gas output by 10 million cubic metres per day at its giant Hassi Messaoud field.
Perry Highlights Need for Oil Reserve in Rebuke of Trump's Plan
Friday, September 15, 2017 Hurricanes Harvey and Irma demonstrate the importance of keeping the US Strategic Petroleum Reserve, Energy Secretary Rick Perry says.
Shell Set To Draw Line Under A Century Of Iraqi Oil
Wednesday, September 13, 2017 Shell is set to end a century of oil production in Iraq by withdrawing from two of the Arab state's flagship fields to focus on more profitable gas development.
Out-Of-Control Alberta Wildfire Shuts In Natural Gas Production
Wednesday, September 13, 2017 Questfire has shut in 900 barrels of oil equivalent per day of mostly natural gas production because of a wildfire in southern Alberta, its chief executive says.
EIA Lowers US 2017, 2018 Crude Output Forecasts After Harvey
Tuesday, September 12, 2017 The EIA revises both its 2017 and 2018 oil production forecast figures lower to reflect, in part, the effects of Hurricane Harvey.
Shell Canada Shuts Some Gas Operations Due To Southern Alberta Wildfire
Tuesday, September 12, 2017 Shell Canada, a subsidiary of Shell, is shutting some gas operations in its Waterton complex in southern Alberta.
Azerbaijan's SOCAR To Boost Its Share In New Deal With BP On Oil Fields
Friday, September 08, 2017 SOCAR is expected to increase its share in a new production sharing agreement with oil major BP for development of the country's biggest oilfields, two industry sources say.
Libya's Biggest Oil Field Is Said to Resume Pumping Crude
Thursday, September 07, 2017 Libya's largest oil field resumed production after a halt of more than two weeks.
EnQuest Profits Slide On Slower Kraken Oilfield Ramp-Up
Thursday, September 07, 2017 EnQuest reports a sharp drop in first-half profits on lower production and delays in ramping up its flagship Kraken oilfield.
Statoil Sees Eagle Ford Operations Back At Normal This Weekend
Thursday, September 07, 2017 Statoil says it expects its operations in the Eagle Ford shale region of Texas to return to normal.
ConocoPhillips Says Eagle Ford Shale Output Nears Pre-Harvey Levels
Tuesday, September 05, 2017 ConocoPhillips Says Eagle Ford Shale Output Nears Pre-Harvey Levels
Source: Libya's Sharara Oil Field Reopens After Pipeline Blockade
Tuesday, September 05, 2017 Libya's Sharara oil field, the country's largest, reopens after being shut down for more than two weeks.
Senex Wins Australia Gas Field, Aims To Start Producing In 2019
Tuesday, September 05, 2017 Senex Energy says it won the right to develop a new gas field in the state of Queensland and aimed to make its first delivery from the site within two years.
Natural Gas Looks Hurricane-Proof, for Now: Nathaniel Bullard
Friday, September 01, 2017 US natural gas production is more widely distributed than it was in 2005.
Harvey's Wake Tempers Bullish Outlook for US Oil Output Growth
Friday, September 01, 2017 Oil analysts and some company executives had anticipated that the US could top the 10 million bpd mark by year-end.
Exxon Mobil Plans $200 Mln Investment in Argentina's Vaca Muerta
Friday, September 01, 2017 The company reportedly has asked the government of Neuquen province for a 35-year unconventional production concession.
OPEC Oil Output Slips From 2017 High On Renewed Libyan Outages
Thursday, August 31, 2017 OPEC oil output has fallen this month by 170,000 bpd from a 2017 high, a Reuters survey finds.
BSEE: About 13.5% Of US Gulf Oil Output Still Shut In By Harvey
Thursday, August 31, 2017 About 13.5% of oil production in the Gulf of Mexico was shut in on Thursday due to Tropical Storm Harvey.
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