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Shell Assessing $4 Billion Nigeria Oil Projects
Nigeria >> 4/18/2012 - Royal Dutch Shell Plc is assessing projects that could be worth around $4 billion to boost oil production in Nigeria and cut flaring of associated natural gas, Chief Executive Peter Voser said in comm...
Total to Cut Oil Flows at Girassol Field
Angola >> 4/17/2012 - French oil major Total will cut oil supplies at a giant deep oil platform off the coast of Angola for planned works in June, trade sources said. Girassol, which means sunflower in Portuguese, is one o...
TNK-BP to Boost Samotlor Production With World Class Technology
Russia >> 4/16/2012 - TNK-BP continues transferring best international technologies to enhance development of its hydrocarbon fields in Russia. OJSC Samotlorneftegaz (SNG), a subsidiary of TNK-BP, has launched a pilot proj...
Sp Gas Production Capacity Rising to 350 mcm/d
Iran >> 4/14/2012 - Gas production capacity at the South Pars gas field will reach 350 million cubic meters per day this Iranian calendar year, began 20 March, by launching five new phases and rising gas production capac...
Mart Provides Operational Update on Umusadege Field
Nigeria >> 4/11/2012 - Mart Resources, Inc and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide an update on Umusadege field pro...
Sanctions May Cut Iran's Oil Output by 15%
Sanctions May Cut Iran's Oil Output by 15% Iran >> 4/10/2012 - Iran's oil production could fall almost 15 percent this year due to reduced foreign investment, the U.S. Energy Information Administration (EIA) said in a report highlighting the growing strain on Teh...
Oman's Crude Oil Production
Oman >> 4/7/2012 - The Monthly Report released by the Oil and Gas Ministry pointed out that the Sultanate's crude oil and condensates production in March 2012 amounted to 27,995,649 barrel or 903,085 barrel a day, ...
First Production Well Launched at Yuzhno-Russkoye Field
Russia >> 4/7/2012 - A festive ceremony dedicated to launching the first production well in the Turonian deposit located in Western Siberia took place at the Yuzhno-Russkoye oil, gas and condensate field operated by Sever...
Iran Among Onshore Heavy Oil Producers
Iran >> 4/5/2012 - Managing director of the Iranian Central Oil Fields Company referred to the permanent heavy oil production by 6000 bpd at East Paydar oilfield and said at present Iran is among those OPEC members that...
South Pars Gas Output Hit 86 bcm
Iran >> 4/4/2012 - Gas production from South Pars gas field hit 86 billion cubic meters worth 40 billion dollars during the last Iranian calendar year. ...
Saudi to Maintain Oil Supply if U.S. Draws Stocks
Saudi Arabia >> 4/3/2012 - Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude, industry sou...
Calvalley Provides Operations Update in Yemen
Yemen >> 4/3/2012 - Calvalley Petroleum Inc. provides the following operations update: Optimization projects at the Hiswah field have increased crude oil production resulting in gross production volumes for the last five...
Gas Consumption is Forecasted to Jump 36.6% in Oman
Oman >> 4/2/2012 - Gas consumption by the country’s expanding network of electricity generation and water desalination plants is forecasted to jump a hefty 36.6 per cent over the next seven years, according to the Oman ...
Oil Exports from the Kurdistan Region Halted
Oil Exports from the Kurdistan Region Halted Iraq >> 4/1/2012 - The export of oil from the Kurdistan Region of Iraq has been stopped from because the federal government in Baghdad has not honoured its payment commitments, the Ministry of Natural Resources (MNR) sa...
MENA Commences First Production from Lagia Field
Egypt >> 3/30/2012 - MENA Hydrocarbons Inc is pleased to announce the results of its Lagia 6 re-entry, the first of 2 re-entries in its six well, first phase development program on its 100% owned Lagia Development Lease ...
Hard to Start Egypt Oil Block Output in May 2012
Egypt >> 3/29/2012 - Japan's AOC Holdings said it will be difficult to achieve its goal of starting production in May from the offshore Northwest October block in the northern Gulf of Suez due to the nation's political si...
Japan AOC Hard to Start Egypt Oil Block Output in May
Egypt >> 3/29/2012 - Japan's AOC Holdings said it will be difficult to achieve its goal of starting production in May from the offshore Northwest October block in the northern Gulf of Suez due to the nation's political si...
OGX Delivers First Shipment of Waimea Oil to Shell
Brazil >> 3/28/2012 - OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, thas delivered its first shipment of approximately 600,000 barrels of oil to Shell Wes...
Saudi Arabia Donates Another Oil Shipment to Yemen
Yemen >> 3/27/2012 - The custodian of the two holy mosques King Abdullah Abdul-ziz donated another oil shipment to Yemen enough for two months, the official Saba news agency reported. The revelation came after a meeting w...
Afren Provides 2011 Full Year Results for Ivory Coast
Ivory Coast (Cote D'Ivoire) >> 3/27/2012 - The Board of Afren plc announces results for the year ended 31 December 2011. In 2011, we achieved the major milestone of first oil on the Ebok field development and progressed our Nigerian growth str...

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