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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...
UAE to Pump about 2.5 Mln Bpd of Oil in July
United Arab Emirates >> 7/18/2011 - The United Arab Emirates (UAE) expects to produce around 2.5 million barrels per day (bpd) in July, down from a high for the year so far of 2.6 million bpd in June, a Gulf oil industry source told Reu...
Weak World Economy Likely to Curb Oil Demand
Saudi Arabia >> 7/12/2011 - A fragile global economy is likely to suppress oil demand growth to 1.32 million barrels per day (bpd) in 2012, lower than this year, the Organization of the Petroleum Exporting Countries said in its ...
DNO Doubles Tawke Estimate
Iraq >> 7/12/2011 - DNO International ASA reports a more than doubling of reserves for the Tawke oil field in the Kurdistan region of Iraq following a review and assessment by a firm of independent reservoir engineers. T...
Hengam Oil Field Production Rising by 5 Thousand B/D
Iran >> 7/11/2011 - By completion of drilling operations and installation of wellhead equipments of the third well at Hengam oilfield, oil production from the field will rise by five thousand barrels per day, managing di...
Orca Exploration to Increase Tanzanian Gas Production
Tanzania >> 7/11/2011 - Orca Exploration Group Inc. announces that it has signed an agreement with Songas Limited to increase the capacity of the Songo Songo gas field processing plant from 90 MMcfd to a potential of 110 MMc...
Iraq Willing to Supply Europe with Oil & Gas
Iraq >> 7/10/2011 - Iraqi Prime Minister Nouri al-Maliki expressed his country's readiness to supply Europe with gas and oil during the coming years. Al-Maliki expressed, during a meeting with Ambassador of the European ...
KOC Denies Inability to Meet Oil Production
Kuwait >> 7/5/2011 - Kuwait Oil Company (KOC) brushed aside press reports that it was unable to meet production capacity from the Lower Fares reservoir, in line with the company's strategy. KOC affirms commitment to imple...
Chinook Confirms Significant Discovery at Sud Remada
Tunisia >> 7/4/2011 - Chinook Energy Inc announced it has completed the initial 30 day production period for the three appraisal wells on its 297 mmbbl DPIIP (as evaluated by independent reservoir evaluators) Ordovician oi...
Yemen & Total Discuss Raising Oil and Gas Production
Yemen >> 7/3/2011 - Yemen and Total discussed the new developments and procedures aiming to raise the oil and gas production in Yemen. This came in a meeting brought together Vice President Abdo Rabbo Mansour Hadi and To...
TransGlobe Operation Update in West Gharib Concession
Egypt >> 6/29/2011 - TransGlobe Energy Corporation provides an update of current operations in Egypt. ...
CNPC Completes First Phase of Al-Ahdab Field
Iraq >> 6/27/2011 - China National Petroleum Corp (CNPC), the first foreign oil company to sign an oil service contract in Iraq after former president Saddam Hussein was toppled, said that it completed construction of th...

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