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UK's EnQuest Expects Higher Production This Year
Monday, February 19, 2018 EnQuest Plc expects higher production in 2018, helped by its flagship Kraken oilfield and its acquisition of a 25% stake in BP's Magnus oilfield.
Africa's Top Oil Producer Poised to Give OPEC an Output Headache
Thursday, February 15, 2018 Add independent Nigerian drillers to the list of oil producers itching to supply more crude at a time when OPEC and allies are trying to restrict output.
Germany's EWE Plans To Cut Groningen Gas Use By 75%
Wednesday, February 14, 2018 EWE plans to sharply reduce its use of gas from the Groningen field in the Netherlands.
BP Announces Start-Up of Atoll Phase One
Tuesday, February 13, 2018 BP begins gas production from the Atoll Phase One project offshore Egypt.
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.
BP, Kosmos Move Closer To Senegal And Mauritania Offshore Project
Monday, February 12, 2018 BP and Kosmos Energy move closer to approving development of the Tortue natural gas field offshore Mauritania and Senegal after the two West African countries agreed to split production.
Eni Says To Produce 2.9 Bcf Per Day From Zohr Field By Second Half 2019
Monday, February 12, 2018 Production from Egypt's Zohr field will reach 2.9 billion cubic feet per day by mid-2019, Eni 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.
Ineos: Forties Pipeline System is Safe
Thursday, February 08, 2018 Ineos confident FPS is safe following the discovery of a crack in December 2017.
US Oil Reserve Would Fall Nearly in Half Under Budget Deal
Thursday, February 08, 2018 The US is poised to sell half of its emergency oil reserves to help pay its bills.
ONZ-7 Results Confirm Sebou Permit can be 'Highly Cash Generative'
Tuesday, February 06, 2018 The latest results of the ONZ-7 well onshore Morocco confirm that the Sebou permit has the potential to be 'highly cash generative' for SDX Energy Inc, according to the company's president and CEO, Paul Welch.
Gulf of Mexico Stampede Field Commences Production
Tuesday, February 06, 2018 The Stampede field, located in the deepwater Gulf of Mexico, has commenced production.
US Crude Output to Jump Above 11 mln bpd Sooner Than Expected
Tuesday, February 06, 2018 The U.S. government sees nationwide oil production jumping above 11 million barrels a day much quicker than anticipated.
Permian Seen Second to Saudis for Spare Oil-Output Capacity
Monday, February 05, 2018 The Permian Basin is looking like Saudi Arabia, with as much as 1 million barrels of spare oil capacity ready to go into production, according to Nansen Saleri.
Canada's Frontera Suspends Work At Colombia Oilfield After Attacks
Monday, February 05, 2018 Frontera Energy has suspended operations at its Cubiro oilfield in northeastern Colombia after threats and attacks against workers, the company said.
UK Onshore Industry Set for 'Exciting' 2018
Friday, February 02, 2018 The UK onshore industry is set to have an 'exciting' year in 2018, according to IGas CEO Stephen Bowler.
Norway's Sverdrup Oilfield Could Start In Oct. 2019 -Partner
Thursday, February 01, 2018 First oil from Norway's giant Johan Sverdrup field could come in October 2019.
North Dakota Bakken Oil Rises Again in Shadow of Mighty Permian
Thursday, February 01, 2018 The second-largest US shale-oil play is growing in the shadow of a newer, bigger and faster-growing competitor.
Shale Sends US Output Past Historic 10 Million-Barrel Mark
Wednesday, January 31, 2018 US oil production surged above 10 million barrels a day for the first time in four decades.
ExxonMobil to Triple Production in the Permian
Tuesday, January 30, 2018 ExxonMobil plans to ramp up its oil production in the Permian Basin in coming years.
Minister: Iraq To Comply With OPEC Deal Despite Oil Export Capacity Rise
Monday, January 29, 2018 Iraq will comply with the OPEC-led deal on reducing output even though Baghdad is working hard to increase its oil export capacity.
Texas Oil Economist Predicts Record Output in 2018
Thursday, January 25, 2018 Oil production in 2018 is set to break records, according to oil economist Karr Ingham.
Norwegian Output Increases in December
Tuesday, January 23, 2018 Norwegian production increased in December 2017, according to preliminary production figures released by the Norwegian Petroleum Directorate.
Wintershall Continues to Invest in German Oil, Gas Production
Monday, January 22, 2018 Wintershall is continuing to invest in the production of crude oil and natural gas from assets in Germany.
Abu Dhabi Gets Bids for Offshore Oil in Plan to Expand Capacity
Monday, January 22, 2018 Abu Dhabi's government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields.
Tulip Oil Presses Ahead with 'Major' Offshore Producing Asset
Thursday, January 18, 2018 Tulip Oil Netherlands Offshore B.V. confirms that it will proceed with the development of the Q10 gas field.
Iraq, BP Sign Deal To Boost Kirkuk Crude Output - Oil Ministry
Thursday, January 18, 2018 Iraq signs a memorandum of understanding with BP to boost production capacity from its northern Kirkuk oilfields.
Crisis-Hit Venezuela's Oil Output Plummets In 2017 To Decades Low
Thursday, January 18, 2018 Venezuela's crude oil production fell nearly 13% last year, according to figures released by OPEC.
Oil Producers Want New Hearing on Impact of Magellan Proposal
Wednesday, January 17, 2018 Oil and gas producers WPX Energy and Chevron have asked a U.S. regulator for a new hearing on the broad industry impact of Magellan Midstream Partners' request to launch a marketing arm.
US Oil Industry Set to Break Record, Upend Global Trade
Tuesday, January 16, 2018 The question of whether the shale sector can continue at this pace remains an open debate.
Shell to Redevelop Penguins Field in UK North Sea
Monday, January 15, 2018 Shell confirms that it will redevelop the Penguins oil and gas field in the UK North Sea.
North Sea Fields Resume Production Following FPS Repair
Friday, January 12, 2018 The Bruce, Keith and Rhum fields resume production following the successful repair of the Forties Pipeline System.
Premier Oil to Ramp Up Output at North Sea Catcher Field
Thursday, January 11, 2018 Premier Oil is planning to ramp up production from the Catcher field in the North Sea to 60,000 barrels of oil per day.
NPD: Norwegian Production to Increase to 2023
Thursday, January 11, 2018 Norwegian production will continue to increase to 2023, according to the Norwegian Petroleum Directorate (NPD).
Groningen Gas Output Cut To Be Examined-Dutch Regulator
Thursday, January 11, 2018 The Dutch gas regulator will respond on Thursday to proposals to reduce output from the Groningen gas field following a tremor there this week.
EIA: US Oil Output To Hit Record Over 11 MMbpd By End Of 2019
Tuesday, January 09, 2018 US crude oil production is expected to climb to more than 10 million bpd early in 2018, reaching that milestone for the first time since 1970.
OGTC Invests $1.8MM in P&A Technology
Monday, January 08, 2018 The UK's Oil & Gas Technology Centre (OGTC) is investing $1.8 million (GBP 1.3 million) in four well plugging and abandonment (P&A) projects.
Maersk Drilling Secures 4-Year Contract with Tullow Ghana for Drillship
Wednesday, January 03, 2018 Maersk Drilling secures 4 year contract for the Maersk Venturer deepwater drillship.
Sino Gas Submits Development Plan for Sanjiaobei
Tuesday, January 02, 2018 Sino Gas & Energy Holdings Limited submits the Sanjiaobei Overall Development Plan to its PSC partner PetroChina CBM for approval.
Iran's Oil Production, Exports Not Impacted By Protests - Sources
Tuesday, January 02, 2018 Iran's crude oil production and exports have not been impacted by the unrest spreading across the country.
EIA: US Crude, Natural Gas Output At Multi-Year Records In October
Friday, December 29, 2017 US crude oil production in October rose to the highest in more than 46 years, while natural gas production leaped to a new record.
Output At Lundin's Grieg Field Back To Normal After Forties Outage
Wednesday, December 27, 2017 Production at Lundin Petroleum's Edvard Grieg oil and gas field off the coast of Norway is back at normal levels.
Onshore Cameroon Well Flow Test 'Very Encouraging'
Friday, December 22, 2017 Victoria Oil & Gas Plc reveals that flow testing of the La-108 well, located onshore Cameroon, has been 'very encouraging'.
Statoil To Extend Snorre Oilfield Output Under $2.3B Plan
Thursday, December 21, 2017 Norway's Statoil will extend output from its Snorre oilfield in the North Sea by some 25 years.
Po Valley Energy: Northern Italy Well 'On Gas'
Thursday, December 21, 2017 Po Valley Energy Limited announces that the Podere Maiar 1dir exploration well, on the Selva gas field in Northern Italy, is now complete for production.
Iraq Oil Ministry Starts Taking Over Majnoon Oilfield Operations
Thursday, December 21, 2017 Iraq's oil ministry starts to take over operations of the Majnoon oilfield from Royal Dutch Shell.
Russia's Rosneft, BP Agree To Jointly Tap Arctic Oil And Gas
Thursday, December 21, 2017 Russian energy giant Rosneft and its shareholder BP agree to jointly develop oil and gas deposits in the Russian Arctic Yamal-Nenets region.
Oasis Looks To Expand Oil Ambitions Beyond North Dakota's Bakken
Thursday, December 21, 2017 Oasis Petroleum is heading south to the nation's largest oilfield.
Zohr Begins Production
Wednesday, December 20, 2017 Eni announces the production start up of Zohr, the largest ever discovery of gas in the Mediterranean Sea.
Norwegian Output Drops in November
Wednesday, December 20, 2017 Norwegian production decreases in November, according to preliminary output figures from the Norwegian Petroleum Directorate.