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Heavy Canadian Crude Falls to Record Low
Friday, November 16, 2018 Heavy Western Canadian Select crude fell to a record low.
V&E Partner Talks Permian Hiring
Friday, November 16, 2018 As long as oil prices remain strong and takeaway capacity exceeds production, producers will be hiring in the Permian, according to V&E partner John Grand.
First Gas from Karish-Tanin Development On Track
Thursday, November 15, 2018 Energean Oil and Gas plc is on track to deliver first gas from its 2.4 trillion cubic feet Karish and Tanin development offshore Israel.
ADNOC Invests $1.4B in Bu Hasa Field
Wednesday, November 14, 2018 ADNOC announces a $1.4 billion investment to upgrade and expand its Bu Hasa field.
Market Balanced, No Cause for Alarm
Tuesday, November 13, 2018 The market is still relatively in a state of balance and there is no cause for alarm, the OPEC Secretary-General tells Bloomberg.
Saudis See Need for Producers to Cut 1MM Barrels
Monday, November 12, 2018 Saudi Arabia expresses the need for oil producers to cut 1 million barrels a day from October levels.
Exxon's $2B Canada Move Shows Confidence
Thursday, November 08, 2018 Almost 2 years after Exxon Mobil removed billions of barrels of oil-sands crude from its reserves, its Imperial Oil unit is investing again.
UKCS Reserves Could Sustain Output for 20+ Years
Thursday, November 08, 2018 The OGA's estimate for proven and probable (2P) UKCS reserves, as at end 2017, is 5.4 billion barrels of oil equivalent.
Permian Best Place to be in Shale Oil Business
Wednesday, November 07, 2018 The Permian Basin continues to be the best place to be in the shale oil business, according to Timothy L. Dove, president and CEO of Pioneer Natural Resources.
First Shale Gas from UK PNR Site
Monday, November 05, 2018 Cuadrilla begins to see natural gas flow to the surface from its shale exploration well at the UK Preston New Road site.
Leviathan Project 67% Complete
Friday, November 02, 2018 Construction of the Leviathan project is 67% complete, with anticipated first gas sales on schedule by the end of 2019.
Apache Plans to Fast Track North Sea Find
Thursday, November 01, 2018 Apache plans to accelerate initial production from the Garten discovery from the first quarter of 2019 to the fourth quarter of this year.
North Sea Columbus Development Gets Green Light
Wednesday, October 31, 2018 The Field Development plan for the North Sea Columbus Development has been approved.
Nigeria Sees OPEC Holding Firm in December
Monday, October 29, 2018 OPEC and its allies are likely to keep oil-production policy steady when they meet in December, Nigeria's oil minister says.
GWF-2 Comes Online $630MM Cheaper Than Expected
Thursday, October 25, 2018 The Greater Western Flank Phase 2 project off the north west coast of Australia has commenced gas production.
Petrobras FPSO Achieves First Oil
Wednesday, October 24, 2018 The Petrobras-operated FPSO P-69 is now producing at the Lula Extrema South in Brazil's offshore Santos Basin.
Upstream Players Must Boost Spending
Wednesday, October 24, 2018 Global oil and gas development spend needs to increase by around 20%.
First LNG Shipment Departs Ichthys
Tuesday, October 23, 2018 Inpex confirms that the first shipment of liquefied natural gas has departed from its operated Ichthys LNG project.
Onshore UK Portland Field Dubbed Commercially Viable
Friday, October 19, 2018 Horse Hill Developments, a UKOG subsidiary, considers the Portland oil field to be commercially viable, UKOG has revealed.
First Ichthys LNG Cargo Said Possible This Week
Tuesday, October 16, 2018 The Ichthys LNG export project in northern Australia may load its 1st natural gas cargo as soon as this week, according to sources.
110MM Barrel North Sea Field Comes Online
Monday, October 15, 2018 The North Sea Oseberg Vestflanken 2 field came online on October 14.
FID Taken on UK North Sea Field
Wednesday, October 10, 2018 A final investment decision has been made to develop the UK central North Sea Arran field.
BP and ENI Team Up for Libya EPSA Restart
Tuesday, October 09, 2018 Libya's NOC, BP and Eni sign an agreement expected to lead to BP and Eni working together to resume exploration activities on a major exploration and production contract.
Senegal SNE Field on Track for First Oil
Tuesday, October 02, 2018 Senegal's deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research states in a new report.
PDO for $1.2B Nova Project Gets Green Light
Monday, October 01, 2018 Wintershall Norge reveals that the plan for development and operation for the Nova project has been approved by Norway's Ministry of Petroleum and Energy.
BP Gets Green Light for North Sea Project
Thursday, September 27, 2018 BP receives approval from the UK's Oil and Gas Authority to proceed with the Vorlich development in the central North Sea.
Glendronach Discovery Big News for UK
Tuesday, September 25, 2018 The Glendronach discovery is big news for the UK as a whole, according to Wood Mackenzie.
Uganda Expects to Miss Target for First Oil
Monday, September 24, 2018 Uganda said it expects to miss its 2020 target for the East African nation's first crude production.
Strong Growth in Short Term Egypt Gas Production Expected
Thursday, September 20, 2018 Fitch Solutions Macro Research expects 'strong growth' in gas production in Egypt in the short term, a new report by the company has revealed.
First Oil Production Begins at Tortue Field
Wednesday, September 19, 2018 Panoro Energy announces that first oil production has started from the Tortue field, which is located within the Dussafu PSC offshore Gabon.
CNOOC Starts Up Penglai 19-3 Comprehensive Adjustment Project
Tuesday, September 18, 2018 CNOOC Limited announces that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production.
Lancaster EPS Subsea Installation Completed
Thursday, September 13, 2018 Hurricane Energy says the installation of subsea umbilical, risers and flowlines for the Lancaster Early Production System has been 'successfully completed'.
Global Upstream Project Delivery 'Finally Hitting the Mark'
Tuesday, August 14, 2018 Global upstream project delivery is 'finally hitting the mark', according to Wood Mackenzie.
Continental Resources Sees 15-20 Pct Output Growth in 2019
Wednesday, August 08, 2018 A large portion of the company's growth is focused on its SpringBoard development in Oklahoma's SCOOP formation.
Phase II of 'Prolific' UKCS Field Receives Full Sanction to Move Forward
Tuesday, August 07, 2018 The Buzzard Phase II project has received full sanction to move forward.
Gas Production at Egypt's 9B Field to Begin in October - Minister
Friday, August 03, 2018 The petroleum ministry's statement did not say how much gas the first two wells would initially produce.
First Oil at Offshore UK Lancaster Field on Track for 1H 2019
Thursday, August 02, 2018 First oil at the Lancaster field, located offshore UK, is on track for the first half of next year, Hurricane Energy plc's chief executive, Robert Trice, announced Thursday.
Total: Biggest Deep Offshore Development in Angola Starts Production
Monday, July 30, 2018 Total reveals that it has started production at Kaombo, which it describes as 'currently the biggest deep offshore development in Angola'.
Australia's Ichthys LNG Project Comes Online
Monday, July 30, 2018 Inpex Corporation announces Monday that its operated Ichthys LNG project has commenced the production of gas from its wells.
After Pumping More Oil for Trump, Saudis Doubt if it's Needed
Friday, July 20, 2018 Under pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production, only to discover that global markets might not yet need it.
Analysts: SDX's Egypt Appraisal Well Result 'Very Encouraging'
Monday, July 16, 2018 North Africa focused oil and gas company SDX Energy Inc announces that a 'successful' production test has been conducted at its SD-4X appraisal well at South Disouq in Egypt.
Inpex: Ichthys LNG Project Preparing for Production Start-Up
Wednesday, July 11, 2018 Inpex Corporation (Inpex) announces that its operated Ichthys LNG project is preparing for production start-up.
S. Arabia will be 'Reluctant to Exhaust' its 'Substantial' Spare Capacity
Tuesday, July 10, 2018 Saudi Arabia will be 'reluctant to exhaust' its 'substantial' spare capacity, according to oil and gas analysts at BMI Research.
Eni Starts Gas Production at OCTP Project Offshore Ghana
Thursday, July 05, 2018 Eni starts gas production from the Sankofa field in Ghana, which is part of the Offshore Cape Three Points (OCTP) integrated oil and gas project.
NPD: Troll Production Expected to Continue until 'Around 2060'
Tuesday, July 03, 2018 Production from the Troll field is expected to continue until around 2060, the Norwegian Petroleum Directorate (NPD) says.
BP Starts Up Shah Deniz 2 Gas Development in Azerbaijan
Monday, July 02, 2018 BP plc and its partners in the Shah Deniz consortium announce the start-up of the Shah Deniz 2 gas development in Azerbaijan.
Saudi Aramco CEO Says Has 2 Million Barrels Per Day Of Spare Capacity
Monday, June 25, 2018 Oil giant Saudi Aramco says it has a spare capacity of 2 million barrels per day and can meet additional oil demand in case of any interruption in supplies.
Total To Start Uganda Oil Production In 2021 At The Earliest
Tuesday, June 19, 2018 Total says it expects to start producing oil in Uganda in 2021 at the earliest.
Chevron Starts Second Production Unit at Wheatstone LNG in Australia
Friday, June 15, 2018 Chevron Corp has started producing liquefied natural gas (LNG) at the second unit of its $34 billion Wheatstone development, marking the completion of its two megaprojects in Australia after cost-blowouts and delays.
China's CNOOC Sees Ugandan Oil Production Starting In 2021
Wednesday, June 13, 2018 Oil production in Uganda is likely to start in 2021 at the earliest, China's CNOOC said, giving a later date than the government's 2020 target.