Production News
| Russia >> 1/9/2017 - Russia cut its oil production in early January by around 100,000 barrels per day (bpd) from the previous month after an agreement with OPEC to cap global crude output, two sources from the energy sect... |
| Iran >> 1/7/2017 - Iranian Minister of Petroleum Bijan Zangeneh says Irans gas output has raised its natural gas output by 50% over the course of the past three years. ... |
| Russia >> 1/6/2017 - OPEC and non-OPEC members have pledged to cut their combined oil production by an average of just over 1.7 million barrels per day (bpd) in the first six months of 2017. ... |
| South Sudan >> 1/6/2017 - South Sudan will resume oil production from the Unity oil fields in a two-month period said officials in Bentiu and Khartoum, asserting that the area is no longer troubled by rebel presence. Petroleum... |
| Gabon >> 1/5/2017 - VAALCO Energy, Inc. (VAALCO) announced that the Avouma 2-H well on the Avouma Platform offshore Gabon is back on production after utilizing a hydraulic workover unit to replace a failed Electric Subme... |
| Norway >> 1/5/2017 - Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced – thus more than three times what was expected at the opening of the field in 1982. Hod, which produces v... |
| Colombia >> 1/4/2017 - Cira Infantas, Colombia's oldest oil field in Santander, surpassed December 31 production of 40,000 barrels per day, thanks to a campaign that took place last September, which included the drilling of... |
| Kuwait >> 1/4/2017 - State-owned Kuwait Petroleum Corp (KPC) said it was committed to an oil output cut agreed by the Organization of Petroleum Exporting Countries at a meeting in Vienna in November, Kuwait's state news a... |
| Ukraine >> 1/4/2017 - AIM-listed Regal Petroleum has announced an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV... |
| Ukraine >> 1/4/2017 - Regal Petroleum plc, the AIM-quoted oil and gas exploration and production group, announces an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhe... |
| Australia >> 1/4/2017 - Chevron Corp has resumed production of liquefied natural gas (LNG) at one of its two units at the $54 billion Gorgon project, located off Western Australia, after an outage of slightly more than a mon... |
| Australia >> 1/4/2017 - Chevron has resumed production of liquefied natural gas (LNG) at one of its two units at the $54 billion Gorgon project, located off Western Australia, after an outage of slightly more than a month. ... |
| Denmark >> 12/30/2016 - Maersk Oil has issued a notification to the Danish gas market. This notification announces that an economically viable solution for full recovery of the remaining resources in the Tyra field has not y... |
| China >> 12/29/2016 - China's largest oilfield Daqing will slash capital spending in 2017 by 20 percent from a year earlier, owner PetroChina said late on Wednesday, even as it looks to keep output steady. ... |
| Brazil >> 12/28/2016 - Total production of oil and natural gas in Brazil in November was approximately 3.307 million of barrels of oil equivalent per day. Oil production totaled 2.609 million barrels per day, a decrease of ... |
| Venezuela >> 12/27/2016 - PDVSA announces the implementation of the agreement to reduce production reached by member and non member countries of the Organization of the Petroleum Exporting Countries (OPEC). Under the agreement... |
| Algeria >> 12/25/2016 - Algeria’s state energy producer Sonatrach Group plans to increase output of natural gas and crude oil by 20 percent in the next four years as new projects start up, Salah Mekmouche, the company’s vice... |
| Norway >> 12/24/2016 - The first oil is produced by Ivar Aasen field in the North Sea. The start-up is according to the plan, and the development is completed within budget. Aker BP is the operator, and the production start... |
| Russia >> 12/23/2016 - LUKOIL has produced 300 thousand tons of oil on the Gydan Peninsula in the Yamal-Nenets Autonomous District since commercial oil production commenced at the Pyakyakhinskoye oil and gas condensate fiel... |
| Norway >> 12/22/2016 - Gullfaks was something of a final exam for Statoil – the first field where the company was both developer and operator. Since production started on 22 December 1986, 2.6 billion barrels of oil have pa... |
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