Production News for Austral-Asia


Results 15 articles shown

Sources: US Asks OPEC Producers To Pump More Oil, No Specific Figure
Tuesday, June 05, 2018 The US government has unofficially asked Saudi Arabia and some other OPEC producers to raise oil output.

Russia State Oil Firm Starts Drilling At New Well Offshore Vietnam
Tuesday, May 15, 2018 A unit of Russian state oil firm Rosneft has started drilling at a new production well in waters off the southern coast of Vietnam.

OPEC's Reason for Sticking With Cuts Rests on Shaky Ground
Wednesday, May 02, 2018 OPEC and Russia seem determined to keep on cutting production even after their campaign to rebalance world oil markets achieved its main target.

UAE Says Most Countries In Oil Cut Deal Like Idea Of Long-Term Alliance
Thursday, April 12, 2018 A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers' alliance, the energy minister of the United Arab Emirates says.

Oil Search Resumes Operations At Kutubu Complex In Papua New Guinea
Tuesday, April 03, 2018 Australia's Oil Search Ltd says operations have resumed at a facility closed in the wake of a major earthquake in Papua New Guinea in February.

Down Is Up as Aging Oil Fields Defy Gravity to Pump More
Friday, March 09, 2018 Bob Dudley has never seen anything like what happened with BP's old fields last year: They gushed more crude.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

Santos Expects Regulator Decision On Aus Gas Project In Late 2018 At Best
Thursday, November 09, 2017 Santos Ltd expects a decision from state regulators on whether to approve its long delayed Narrabri gas project in Australia in late 2018 or early 2019.

Indonesia's Pertamina To Spend $700MM On Mahakam Oil, Gas Block Next Year
Thursday, November 02, 2017 Pertamina plans to spend $700 million on the upkeep of its offshore Mahakam oil and gas block next year to maintain production.

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.

State TV: ExxonMobil Vietnam Gas Project Could Start In November
Tuesday, August 29, 2017 ExxonMobil's Blue Whale gas project, Vietnam's biggest, could start in November.

ConocoPhillips Looks to Backfill for Darwin LNG
Tuesday, August 22, 2017 Chris Wilson, President Australia West, ConocoPhilips, says Darwin LNG has promising options for backfill and expansion opportunities.

Gas Starts Flowing from BP's New Fields Offshore Trinidad and Australia
Monday, August 14, 2017 BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia, the company said, further boosting output that is helping the company to turn a corner after a bruising market downturn.

Japan's Cosmo Expects Abu Dhabi's Hail Oilfield Startup In October
Thursday, August 10, 2017 Japan's Cosmo Energy Holdings says the offshore Hail oilfield in Abu Dhabi is set to start production in October.