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Norway Gas Production Falls Further: Preliminary April Data
Norway sold 10.2 Bscm of gas in April, down by 700 MMscm from March.
3:20 AM EST | May 23, 2025
Valeura Energy Makes FID on Wassana Field in Gulf of Thailand
The redevelopment of the Wassana field will be done through a new-build central processing platform to optimize full block potential.
8:00 AM EST | May 20, 2025
China Fossil Fuels Production Retreats from Record Levels
Chinese fossil fuels output fell in April from the record levels hit in the prior month, although gas, oil and coal increased compared to the previous year.
2:30 AM EST | May 19, 2025
Eni Starts Gas Production in Merakes East offshore Indonesia
Eni expects the field to deliver net gas production of 100 MMscfd or about 18,000 boed.
2:09 AM EST | May 16, 2025
OPEC+ Makes Careful Start to Supply Revival
OPEC+ nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a much quicker surge in output in the coming months.
3:03 AM EST | May 15, 2025
S&P Global Says USA Crude Oil Production Now Expected to Decline in 2026
'U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a decade, excluding the 2020 Covid-19 pandemic', an S&P Global analysis piece stated.
4:42 AM EST | May 14, 2025
Chevron Reveals Q1 Net Oil Equivalent Production Level
'U.S. net oil-equivalent production was up 63,000 barrels per day from a year earlier', Chevron noted.
7:25 AM EST | May 09, 2025
How Much Oil and Gas Did ExxonMobil Produce in Q1?
In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of this year.
7:37 AM EST | May 06, 2025
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Focus On: Maritime
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OPEC Output Down in April
OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction stemming from looming U.S. sanctions on Venezuela.
2:30 AM EST | May 02, 2025
Houston-Based HYCO1 Signs MoU with Malaysia LNG for CCU Project
The carbon capture and utilization (CCU) project will be located in Bintulu in Sarawak, Malaysia.
8:00 AM EST | May 01, 2025
GeoPark Exceeds Q1 Production Guidance
The Latin American energy company's pro-forma average daily production in the first quarter reached 36,279 boe, surpassing its initial guidance for the year of 35,000 boe.
7:00 AM EST | April 27, 2025
Russia Oil Drilling at Fastest Pace in 5 Years as Curbs Ease
Russia's oil producers have been drilling at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief from some war sanctions.
2:30 AM EST | April 25, 2025
Norway Monthly Gas Output Falls: Preliminary Data
Preliminary official figures showed Norway produced 351.3 million standard cubic meters a day of natural gas in March.
5:42 AM EST | April 24, 2025
How Much Oil is the USA Producing Right Now?
Just how much crude oil is the U.S. producing at the moment?
7:09 AM EST | April 23, 2025
Chevron, TotalEnergies Start Up Ballymore offshore Louisiana
Chevron and TotalEnergies unlocked new production of up to 75,000 barrels a day of oil and 50 million cubic feet a day of gas with the startup of the deepwater Ballymore field.
11:12 AM EST | April 22, 2025
ADNOC Drilling Secures $1.63B Contract from ADNOC Offshore
The contract covers the provision of directional drilling, drilling fluids, cementing, wireline logging and tubular running services.
8:00 AM EST | April 22, 2025
CNOOC Starts Production at Wenchang 9-7 Oilfield Development Project
China National Offshore Oil Corporation Limited commenced production at the Wenchang 9-7 Oilfield Development project in the western Pearl River Mouth Basin.
5:00 PM EST | April 15, 2025
Malaysia, Vietnam to Extend Agreements on Border Fields
Petronas and Petrovietnam agreed to extend their production sharing contract and gas sales agreement for the PM3 Commercial Arrangement Area for another 20 years.
6:35 AM EST | April 11, 2025
Shell Starts Production at Dover in US Gulf
Dover, discovered 2018 in the deepwater Norphlet play, produces up to 20,000 boed.
11:19 AM EST | April 09, 2025
Shell Cuts Gas Output Guidance on Unplanned Maintenance
Shell Plc sees lower natural gas production and LNG volumes in the first quarter of 2025 than previously expected.
4:00 PM EST | April 07, 2025
Saudis Slash Oil Prices to Asia After Surprise Output Hike
Aramco will lower Arab Light crude to its biggest buyers in Asia by $2.30 a barrel for May.
2:30 AM EST | April 07, 2025
Kenya Extends Oil Import Deal with Gulf Oil Giants through 2027
Kenya has renewed a contract to purchase fuel on credit from three state-owned Gulf firms by 24 months and renegotiated lower margins.
7:00 AM EST | April 05, 2025
BP, Repsol Start Production at Cypre Gas Project in Trinidad
The field, part of 10 projects that BP aims to start up between 2025 and 2027, is expected to deliver about 250 MMscfd of gas at peak.
5:01 AM EST | April 03, 2025
Buru Brings on CEFA to Co-Develop Rafael Gas Project in Australia
Buru executed a Strategic Development Agreement with Clean Energy Fuels Australia to co-develop the Rafael gas project.
3:15 AM EST | April 03, 2025
Johan Castberg Goes Onstream
Johan Castberg, the third field developed on Norway's side of the Barents Sea, will raise the Nordic country's oil production capacity by 220,000 bpd at peak.
1:28 AM EST | April 02, 2025
BP Advances Gas Development in Trinidad and Tobago
Ginger will become bpTT's fourth subsea project and will include four subsea wells and subsea trees tied back to bpTT's existing Mahogany B platform.
8:00 AM EST | April 01, 2025
Texas Oil, Gas Industry Continues Hot Streak in 2024
'These latest records further demonstrate Texas's position as a global leader in oil and gas production', RRC Chairman Christi Craddick said.
11:18 AM EST | March 31, 2025
OMV Petrom, Romgaz Spud First Well in Neptun Deep Gas Project
The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027.
6:51 AM EST | March 27, 2025
NSTA Expects UK Crude Oil Output to Continue Dropping in 2025
UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.
5:50 AM EST | March 27, 2025
EDF Renewables, Partners to Develop DAC Facilities in Texas
EDF Renewables North America (EDFR) is developing direct air capture (DAC) facilities in Texas.
8:00 AM EST | March 26, 2025
Jadestone Submits Field Development Plan for Vietnam Assets
The Nam Du and U Minh fields are located offshore southwest Vietnam in shallow waters of 164 to 197 feet (50 to 60 meters).
8:00 AM EST | March 25, 2025
Shell Approves Gato do Mato Project Offshore Brazil
The project will produce up to 120,000 barrels of oil a day.
5:31 AM EST | March 25, 2025
Norway Gas Production Up Month on Month
Norway produced 355.1 million standard cubic meters a day of natural gas in February.
5:24 AM EST | March 24, 2025
Naftogaz Eyes British Partnerships to Boost Gas Production
The company is strengthening efforts to help ensure energy security despite continued Russian attacks on critical infrastructure.
4:00 AM EST | March 24, 2025
Raymond James Sees Biggest Crop of New Oil Projects in a Decade
A flurry of oil projects from Brazil to Saudi Arabia are set to come online this year, providing the biggest infusion of new crude production in more than a decade.
2:53 AM EST | March 21, 2025
EIA Raises USA Crude Oil Production Forecast
The U.S. Energy Information Administration raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook.
8:06 AM EST | March 19, 2025
Equinor Starts Gas Production at Halten East
'We are starting up Halten East at a time where piped gas from Norway is in high demand and important for energy security'.
5:24 AM EST | March 18, 2025
Var Energi's Jotun FPSO Heads for North Sea for Balder X Project
The Balder X project is on track for the start of production by the end of the second quarter, the company said.
7:00 AM EST | March 17, 2025
CNOOC Starts Up Two Projects in South China Sea, Bohai Sea
The state-backed company has now announced six upstream start-ups in Chinese waters this year: 3 in the South China Sea and 3 in Bohai Sea.
2:17 AM EST | March 17, 2025
Shell Starts Oil Production at GKGJE Phase 4 Offshore Borneo
Shell and its partners expect the project, on the Brunei-Malaysia border, to average 21,000 bpd.
3:49 AM EST | March 10, 2025
Valeura Boosts Manora Field Production Capacity
The company said its working-interest oil production before royalties in the Manora field in the Gulf of Thailand has increased from 2,144 bpd in December 2024 to 2,866 bpd.
4:48 AM EST | March 06, 2025
OPEC+ Countries Will Start Unwinding 2MM Bpd Cut from April
'This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.
7:33 AM EST | March 04, 2025
BP, Iraq Strike Deal on Oil Development in Kurds-Claimed Province
The agreement targets a production of over three billion barrels of oil equivalent in the initial phase.
2:49 AM EST | February 26, 2025
EIA Raises USA Crude Oil Production Forecasts
According to its latest short term energy outlook, the EIA sees U.S. crude oil production, including lease condensate, averaging 13.59 million barrels per day this year.
7:12 AM EST | February 25, 2025
Kipper Partners to Invest $200MM to Raise Capacity of Aussie Field
The Kipper 1B project 'will bring online much-needed additional gas supply' for the domestic market ahead of winter 2026.
7:08 AM EST | February 25, 2025
Leviathan Partners Seek Israel Approval for Planned Output Capacity Raise
The new plan for the Phase 1B project would grow Leviathan's production capacity to about 812.24 billion cubic feet a year.
6:18 AM EST | February 25, 2025
Exxon Plans to Ramp Up Guyana Gas Output, Sees Potential for Exports
Exxon's developments off the coast of Guyana have turned the South American nation into the world's fastest-growing major oil producer.
7:00 AM EST | February 22, 2025
CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea
'CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'.
1:48 AM EST | February 21, 2025
Santos Extends Productive Life of Greater East Spar Field
The Halyard-2 infill well will send an incremental 65 million standard cubic feet a day of natural gas to Valarus Island for processing.
6:32 AM EST | February 19, 2025
Aker BP Boosts Fourth-Quarter 2024 Production
Aker BP said its oil and gas production for the fourth quarter of 2024 rebounded.
7:00 AM EST | February 18, 2025
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