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Shale Output Discipline Begins to Pay Off
Wednesday, December 01, 2021Publicly listed oil producers have drastically changed their business model since Covid-19.
OPEC+ Meets to Debate Output Boost
Wednesday, December 01, 2021Ministers have been tight lipped about their intentions.
BP Loads Out 1,000th Crude Oil Tanker From Black Sea Terminal
Tuesday, November 30, 2021The BP-operated Western Route Export Pipeline has loaded out the 1,000th tanker at the Supsa terminal on the Black Sea.
CNOOC Starts Up Production From Buzzard Phase II
Monday, November 29, 2021CNOOC Limited has begun production from the Buzzard Phase II development, offshore the UK sector of the North Sea.
BP Starts Flowing Oil From Angolan Offshore Field
Friday, November 26, 2021BP has started production at the Platina field in Block 18, which is located some 87 miles offshore Angola.
Columbus Reaches First Production
Thursday, November 25, 2021Hydrocarbons from the C1z development well started flowing on November 24.
Shale Patch Sees Limited Impact from Biden Oil Release
Wednesday, November 24, 2021Industry players generally agreed that the move will have a limited effect on lowering gasoline prices.
OPEC+ Urged to Relieve Artificial Tightness
Wednesday, November 24, 2021The Organization of Petroleum Exporting Countries and its allies will meet next week to discuss production policy.
CNOOC Flows First Oil From Lufeng Fields Off China
Tuesday, November 23, 2021CNOOC has begun production from the Lufeng oil fields regional development project located offshore China.
Total, Eni Ready to Invest Billions in Libya
Tuesday, November 23, 2021Total will put $2 billion into Libya's Waha oil project, which will boost production by around 100,000 barrels a day.
Asking Africa to Leave Oil in Ground Sparks Debate
Thursday, November 11, 2021Oil ministers from across the continent, in Cape Town for Africa Energy Week, encountered small protests by environmental groups asking them to leave their oil in the ground and turn instead to renewables.
OPEC+ Focused on Steady Supply of Oil Not Prices
Thursday, November 11, 2021OPEC+ is restoring production halted last year when the coronavirus crisis wiped out demand.
Shell Restarts Production On All Gulf Of Mexico Platforms
Tuesday, November 09, 2021Shell restarted production at its Mars and Ursa platforms, bringing the last of its operated assets in the U.S. Gulf of Mexico online.
ConocoPhillips Submits PDO for $1.5B North Sea Project
Tuesday, November 09, 2021The total capital investment associated with the project is estimated to be approximately $1.5 billion.
USA Should Have Enough Gas to Avert Energy Crisis
Tuesday, November 09, 2021Americans should have enough natural gas to keep homes warm and factories running.
Vitol Says OPEC+ and Saudis Will Stay Cautious
Monday, November 08, 2021U.S. President Joe Biden called on OPEC+ to speed up the easing of supply curbs it began in early 2020 with the onset of the coronavirus pandemic.
Biden Looking At Oil Stockpile Release
Friday, November 05, 2021The most powerful tool at Biden's disposal if he chooses to bring down prices is the SPR.
Chevron-Brightmark JV Delivers First RNG at Lawnhurst
Thursday, November 04, 2021Chevron and Brightmark are teaming up to capture methane from dairy operations across the U.S.
Vaalco Workover Of Etame Wells Increases Crude Production
Tuesday, November 02, 2021
Orcadian Energy Gets FPSO Offers For Pilot Oilfield
Friday, October 29, 2021Orcadian Energy has received three expressions of interest for the provision of an FPSO vessel for the Pilot development in the UK North Sea.
PetroRio Extends Cluster Life With Production Start From New Well
Thursday, October 28, 2021PetroRio started production from one more well on the Tubarão Martelo field off Brazil in an attempt to extend the life of the cluster.
Equinor Boosts Gas Exports
Wednesday, October 27, 2021The Norwegian giant has halted the re-injection of gas that had been used to boost oil output at the Gina Krog field, and will export the fuel instead.
Repsol Brings Yme Online
Wednesday, October 27, 2021The company said the achievement of first oil was a true testament to the lean operations of the Yme New Development project.
Saudi to Use $110B Gas Field for Blue Hydrogen
Monday, October 25, 2021A large portion of gas from the $110 billion Jafurah development will be used for blue hydrogen.
Shell Starts Production From Arran Gas Field
Thursday, October 21, 2021Shell started production from the Arran gas and condensate field in the UK North Sea, one of the fields linked to the Shearwater hub.
Ineos to Invest $2B+ in Green Hydrogen Across Europe
Tuesday, October 19, 2021The company revealed that its first plants will be built in Norway, Germany and Belgium.
Permian Oil Production Near Pre-Covid Record Numbers
Tuesday, October 19, 2021Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge.
OPEC+ Fails to Meet Production Target
Monday, October 18, 2021OPEC and its allies once again failed to pump enough oil to meet their output targets.
California County Loses Bid to Reinstate Frac Ban
Friday, October 15, 2021Monterey County voters in November 2016 passed a measure prohibiting land use in support of new oil and gas wells and fracking activities in unincorporated areas.
Talos Energy Gives Ida Related Production Update
Wednesday, October 13, 2021Production disruptions following Ida were prolonged due to complications affecting third-party downstream service providers.
Wood To Support Beach Energy's Trefoil Field Development
Tuesday, October 12, 2021Wood has secured two FEED contracts to support Beach Energy’s Trefoil field development opportunity offshore Australia.
Yergin Says USA Likely to Ask OPEC to Pump More
Tuesday, October 12, 2021In August, the Biden administration called on Saudi Arabia and its allies to unload more crude onto global markets.
Permian Shale Oil Is Booming Again
Monday, October 11, 2021Increased access to financing and strong oil demand has created an opening for closely held producers.
Sinopec's Fuling Field Sets Gas Shale Production Record
Monday, October 11, 2021Sinopec’s Fuling field – the first commercially developed and operated large-scale shale gas field in China – has set a new record for the cumulative production of shale gas in the country.
OGUK Gives UK Gas Production Warning
Friday, October 08, 2021UK gas production will fall 75 percent by 2030 without new investment, according to industry body Oil & Gas UK.
Petrobras Restarts Production From Brazilian Gas Field After Repairs
Wednesday, October 06, 2021Petrobras restarted production from the Manati gas field offshore Brazil following the completion of pipeline repairs.
Shell Restarts GOM Olympus Platform After Hurricane Ida
Wednesday, October 06, 2021Shell has restarted production at its Olympus platform in the Gulf of Mexico after repairs to facilities damaged by Hurricane Ida.
USA Shale Cos to See Minimal Expansion Despite Rally
Wednesday, October 06, 2021U.S. shale oil production will expand at a "modest rate" over the next 18 months even as prices touch multiyear highs, according to BloombergNEF.
Engine No.1 Says Drop in Exxon Output Is Meaningful
Tuesday, October 05, 2021Activist fund Engine No. 1 says Exxon Mobil Corp. has reduced oil and gas production in a meaningful way since the beginning of its successful proxy campaign last year.
Lundin Starts Production From Edvard Grieg Subsea Tie-in
Friday, October 01, 2021Lundin Energy has produced first oil from the Solveig field, a subsea tie-back development to the Edvard Grieg platform in the North Sea.
Enauta Shuts Down Field Off Brazil Due To Gas Leak
Wednesday, September 29, 2021Enauta has preventively stopped production from the Manati offshore field due to a small gas leak.
Jadestone Brings One More Montara Well Online
Tuesday, September 28, 2021Jadestone Energy has started production from the Montara H6 well after a tie-in into the Montara field facilities offshore Australia.
USA Oil Production Outlook Set to Grow
Tuesday, September 28, 2021The U.S. oil production outlook is set to grow over the next five years, according to GlobalData.
Eni Starts-Up Second Project Offshore Angola In 2021
Monday, September 27, 2021Eni has started production from the Cabaça North development project in deep waters offshore Angola using its Armada Olombendo FPSO.
BP GOM Assets Back Online Following Hurricane Ida
Friday, September 24, 2021Supermajor BP has brought online all four of its assets in the Gulf of Mexico post-Hurricane Ida.
BSEE Releases Final Hurricane Ida Report
Friday, September 24, 2021The Bureau of Safety and Environmental Enforcement (BSEE) has released its final update on evacuation and shut in production statistics for Hurricane Ida.
CNOOC Flows First Oil From Bozhong 19-4 Oilfield
Friday, September 24, 2021CNOOC Limited starts production from Bozhong 19-4 oilfield comprehensive adjustment project.
Canada Oil Sands Force Majeure Adds to Supply Woes
Thursday, September 23, 2021Syncrude Canada Ltd., a light crude producer majority-owned by Suncor Energy Inc., cut September supplies due to a mechanical disruption at its oil sands site, according to a person familiar with the situation.
Key Members Say OPEC+ Can Keep Reviving Supply
Tuesday, September 21, 2021OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.
Is Gulf of Mexico Production Still Shut In?
Monday, September 20, 2021Rigzone looks at the Bureau of Safety and Environmental Enforcement's latest production status data for the Gulf of Mexico.
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