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Production News

Start-up of Production from Itau Phase 2
Bolivia >> 1/31/2014 - Total announces the start-up of production from Phase 2 of the Itau gas and condensate field located in Block XX (Tarija Oeste) in the Andean Cordillera foothills of Bolivia. ...
OMV Says Libya Production Resumed at Start of 2014
Libya >> 1/30/2014 - Austrian oil and gas group OMV said production in Libya resumed at the start of 2014 after disruptions due to port blockades, and levels were now in line with its guidance. Production in the fourth qu...
Production Begins at West Chirag
Azerbaijan >> 1/29/2014 - The Azerbaijan International Operating Company (AIOC), operated by BP, announced the start-up of oil production from the West Chirag platform as part of the Azeri-Chirag-Gunashli (ACG) field developme...
Lukoil Sees West Qurna-2 Output Rising to 400,000 bpd
Lukoil Sees West Qurna-2 Output Rising to 400,000 bpd Iraq >> 1/28/2014 - Lukoil, Russia's No.2 oil producer, expects to reach production of 400,000 barrels per day (bpd) at its Iraqi West Qurna-2 field this autumn, with initial output of 120,000 bpd seen in April-May, CEO ...
Algeria Sees In Amenas Gas Plant Back to Full Capacity in Weeks
Algeria >> 1/28/2014 - Algeria's In Amenas gas plant, which was attacked by Islamist militants a year ago, will be operating at full capacity within weeks as work on the last of its three processing units is nearing complet...
Iraq Says Syria War Spillover Hinders Oilfields & Pipelines
Iraq Says Syria War Spillover Hinders Oilfields & Pipelines Iraq >> 1/28/2014 - Spillover attacks from the civil war in Syria have hindered development of Iraq's gas and oil reserves and a major pipeline to the Mediterranean has been blown up dozens of times, Iraq's top energy of...
Salamander Provides Bualuang Field Update
Thailand >> 1/27/2014 - Salamander Energy provides the following update on repairs at the Bualuang oil field. On 8th January the company announced that, due to damage incurred to the risers during bad weather, production fr...
Pacific Responds to False Media Report on its STAR Technology
Colombia >> 1/24/2014 - Pacific Rubiales Energy Corp announced that while it is a general policy not to comment on market or media rumours, the Company would like to formally refute the false media report recently published ...
Lukoil, Pemex to Sign Cooperation Memorandum
Mexico >> 1/24/2014 - Mexican state-run company Pemex will sign a cooperation memorandum with Russia's No.2 oil producer Lukoil, the Pemex chief executive told Reuters as the country is opening up its energy sector in a mo...
Daybreak Announces Initial Production on the Gerald Grove H-3 Well
United States >> 1/24/2014 - Daybreak Oil and Gas, Inc, a Washington corporation, is pleased to announce that the Gerald Grove H-3 well, in Lawrence County, Kentucky, was placed on production on December 21, 2013. The well has pr...
Uganda to Sign Pact with Tullow to Allow for Oil Production
Uganda >> 1/24/2014 - Uganda has completed negotiations with Britain's Tullow Oil and its partners and will soon sign an agreement that could pave the way for the start of crude production. East Africa's third-largest econ...
Norway's Yara Says Shut Libyan Production
Libya >> 1/22/2014 - Production at Norwegian fertilizer maker Yara's Libyan plant was shut at the end of last week and the timing of its restart is uncertain, a company spokesperson said. ...
Damaged Algeria Gas Plant at Full Capacity in Weeks
Algeria >> 1/22/2014 - Algeria's In Amenas gas plant which was damaged by heavily armed jihadists during a bloody hostage crisis one year ago will reach full capacity in weeks, the energy minister said. ...
400 mcfp/d Increasing in Rashid Production in June 2014
Egypt >> 1/20/2014 - Rashid Petroleum company started the implementation of the program for the early production from the fields of the ninth stage "A" Burullus zone with production capacity of 400 mcfp/d, to meet the exp...
UAE's Shah Gas Project Now Seen Online Early 2015
United Arab Emirates >> 1/20/2014 - The United Arab Emirates' Shah gas project will not be operational until early 2015, the head of the Abu Dhabi National Oil Company (ADNOC) said, confirming the multi-billion dollar development was be...
550 million Tons of Oil Reserves Were Discovered in 2013
Algeria >> 1/19/2014 - The year 2013 was marked by "very encouraging" results in research and exploration of hydrocarbons in Algeria where last year some 550 million tons of oil equivalent (TOE) were discovered, Minister of...
Algeria to Double Gas Production in 10 Years
Algeria >> 1/18/2014 - Algeria plans to double natural gas production and hike oil output by 50 percent within 10 years helped by major exploration success in 2013, Energy Minister Youcef Yousfi said. ...
Shelton Petroleum Expands its Oil Facilities in Bashkiria
Russia >> 1/17/2014 - Shelton Petroleum invests SEK 20 million in scalable oil facilities on the Rustamovskoye field in Russia in order to improve efficiency in the handling of current and expected future oil production. ...
Libya officials in talks over El Sharara protest threat
Libya >> 1/15/2014 - Libyan authorities were in negotiations with protesters threatening to restart a blockade of the southern El Sharara oilfield, where protests cut output for two months last year, tribal and National O...
Petrovietnam Denies Suspending Venezuela Crude Oil Project
Venezuela >> 1/15/2014 - State oil and gas group Petrovietnam (PVN) is going ahead with a joint venture oil exploration project in Venezuela that is "progressing normally", the company said, despite state media reports of a s...

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