Production News for South Asia


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Eni: Development Plan for Merakes Field Approved
Wednesday, April 18, 2018 Eni S.p.A says the development plan for the Merakes field offshore Indonesia has been approved by the country's minister of energy and mineral resources.

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.

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.

Total, Inpex Propose Taking 39% Stake In Indonesia's Mahakam Block
Friday, May 12, 2017 Total E&P Indonesie, a unit of French major Total, and Japan's Inpex Corp propose taking a 39% stake in the new production sharing contract (PSC) for the Mahakam block.

India Aims To Cut Petroleum Imports As It Boosts Alternative Fuel Use
Monday, April 24, 2017 India aiming to cut its oil products imports to zero as it turns to alternative fuels such as methanol in its transport sector.