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Libyan Oil Production to Resume in Days
Libyan Oil Production to Resume in Days Libya >> 9/10/2011 - Libya can resume oil production in just three to four days and will reach full pre-war output levels within a year, interim Oil and Finance Minister Ali Tarhouni said on Saturday. Oil production in th...
Kuwait''s Oil Output Reaches 2.8 Million Barrels Per Day
Kuwait >> 9/4/2011 - Kuwait's output of crude oil reached 2.8 million barrels per day in August, announced the Minister of Oil. Kuwait's production of the crude oil did not drop less than 2.8 million barrels per day in Au...
Pazflor Field Comes on Stream in Angola
Angola >> 8/26/2011 - Total, operator of Block 17, announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 kilometres off Luanda in water depths r...
First Pazflor Shipment Could Come in October
Angola >> 8/16/2011 - Angola is scheduled to export at least 1.54 million barrels per day (bpd) of crude in October, a provisional loading programme showed, less than in September even as a big new oilfield begins producti...
Candax Resumes Production from the Robbana Field
Tunisia >> 8/15/2011 - Candax Energy Inc is pleased to report that it has resumed production from its Robbana field onshore Tunisia. As disclosed on March 18, 2011 and March 29, 2011, Candax initiated a workover of the exis...
Balal Oilfield’s Output to Reach 40 Thousand B/D
Iran >> 8/15/2011 - Oil production from Balal oil field in the Persian Gulf waters is expected to reach 40 thousand barrels per day in near future. ...
3 Firms are Winners to Transport Iraq Oil to Jordan
Iraq >> 8/14/2011 - A Jordanian transport company said it won the technical side of a bid, along with two other firms, to transport 10,000 tons of fuel oil from Iraq to Jordan every day, within an agreement signed betwee...
Libya Crisis Takes Toll on European Oil Groups
Libya Crisis Takes Toll on European Oil Groups Libya >> 8/10/2011 - Civil war shut off Libyan oil supplies to Austrian energy group OMV and Italian refiner Saras in the second quarter, driving down profits and clouding the outlook in the region. OMV said the unrest in...
Dana Gas Announces its Update in Q2 2011
Egypt >> 8/10/2011 - Dana Gas has announced its financial results for quarter ended 30th June 2011, with a Net Profit after tax of AED 124 million, a 276% increase compared to the second quarter of 2010. Production increa...
Saudi to Supply Full Sept Crude to Asia
Saudi Arabia >> 8/9/2011 - Saudi Aramco, the world's largest oil company, will supply full contractual volumes of crude oil in September to at least two Asian term buyers, steady from August, industry sources familiar with the ...
Six Wells of SP Field Phase 10 Come on Stream This Week
Iran >> 8/6/2011 - Six wells of the South Pars gas field phase 10 will come on stream this week by installing their wellhead equipments leading to increasing gas production from the field by 17 million cubic meters per ...
Iraq's Southern Exports Hit 6-Month High
Iraq >> 8/3/2011 - Iraq's oil exports from its southern ports jumped last month to a six-month high, according to export data tracked by Reuters, reflecting efforts by foreign oil companies to boost production. Exports ...
Azadegan Crude Output Reaches 6.4 Mb
Iran >> 8/1/2011 - By the end of the first four months of the current Iranian calendar year, Azadegan's crude output has exceeded 6.4 million barrels, announced managing director of Karoun Oil & Gas Producing Company (K...
Occidental Get First Cargo Payment for Zubair Field
Iraq >> 8/1/2011 - Occidental Petroleum Corp and South Korea's KOGAS have received their first cargo of crude oil as payment for helping to develop Iraq's Zubair oilfield, shipping sources told Reuters. A vessel left on...
Saudi Aramco Starts Gas Production from Karan
Saudi Arabia >> 7/26/2011 - A new chapter has opened in the company’s history of managing and executing mega-projects, with the start-up of the Karan offshore gas field. The first gas from Karan — the company’s first offshore no...
Saudi & India in Oil Deal After Iran Cuts Supply
Saudi Arabia >> 7/26/2011 - Top exporter Saudi Arabia has struck deals to sell 3 million barrels more oil to India in August, stepping into the vacuum created by regional rival Iran after it cut supply to New Delhi. The sale cou...
Balaroud Early Production at 88% Headway
Iran >> 7/25/2011 - Balaroud early production project has made 88% headway up to now, announced project's supervisor. According to Mohammad Hossein Rezvani, executive scope of this project includes: repairing well no1, d...
Iraq Starts Production at Al-Ahdab Field
Iraq >> 7/23/2011 - Iraq started production of 60,000 barrels a day at the al-Ahdab oil field in al-Wasit province, Mahdy al-Zubaidy, the governor of the province, said. The field’s output will increase to 120,000 barrel...
The DRC Government Negotiates to Boost its Production
Congo, Democratic Republic (Zaire) >> 7/20/2011 - The Democratic Republic of Congo is in talks with Petroleo Brasileiro SA and Chevron Corp. about investing in the country’s budding hydrocarbons industry, Oil Minister Celestin Mbuyu said. The Central...
ADNOC to Double Crude Sales to CNPC
United Arab Emirates >> 7/20/2011 - Abu Dhabi National Oil Company will nearly double its crude sales to China National Petroleum Company (CNPC) under a 20-year agreement it signed last week, and also aims to supply the Singapore unit o...

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