Production News

Cub Energy Inc. Operations Update for Q4 Of 2015
Australia >> 2/4/2016 - Cub Energy Inc. provides the following update for its operations for the fourth quarter of 2015. This update includes ongoing operations from KUB-Gas LLC (KUB-Gas), which Cub has a 30% ownership inter...
Sound Energy Achieved Nervesa First Gas
Italy >> 2/4/2016 - Sound Energy, the Mediterranean focused upstream gas company, is pleased to announce that it has achieved first commercial production at the operated onshore Nervesa gas discovery on 3 February 2016. ...
16k/t Condensates of Sarajeh Storage Complex Exported
Iran >> 1/31/2016 - Manager of Sarajeh Refining and Storage Complex said that more than 23,000 tons of gas condensates were recovered last year from the storage facilities near the city of Qom out of which 16,000 tons we...
Iran Adds 160kb to Crude Production Capacity
Iran >> 1/28/2016 - Development projects at North Azadegan and Yadavaran are close to completion adding 160,000 barrels a day to the countrys crude oil output, a senior Iranian petroleum official said. ...
Kenli 10-4 Oilfield Commences Production
China >> 1/27/2016 - CNOOC Limited announced that the Kenli 10-4 oilfield has commenced production. The Kenli 10-4 oilfield is located in the South of Bohai with an average water depth of approximately 15 meters. In addit...
Gazprom Neft Catalyst Production Project Awarded National Status by Ministry of Energy
Russia >> 1/27/2016 - A Gazprom Neft initiative developing the use of aluminium oxide catalysts in deep oil refining has been awarded the status of a national project by the Ministry of Energy. This initiative, a wide-rang...
Chevron Announces First Gas from the Chuandongbei Project
China >> 1/26/2016 - Chevron Corporation (CVX) announced that its fully-owned subsidiary Unocal East China Sea, Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China. Chuand...
Low Oil Price Won't Cause Major Delay to Kenya Project
Kenya >> 1/21/2016 - Falling world oil prices will not cause a major delay to plans to begin oil production in northwest Kenya, Africa Oil Corp's chief executive said. Keith Hill said the biggest hurdle was finalising con...
Results in 2015 & Plans for 2016 of Imperial Energy Group
Russia >> 1/21/2016 - In 2015, the Group produced 294.089 Kt against 321 Kt planned which is 91.6 % of the target. It is planned to produce 382.600 Kt during 2016. ...
Iran Gives Order for 500,000 bpd Rise in Oil Production
Iran >> 1/20/2016 - Managing director of the National Iranian Oil Company says the Oil Ministry has been ordered to raise the country’s daily oil production by 500,000 barrels following announcement of the removal of int...
RN-Uvatneftegaz Starts Oil Production at a New Field
Russia >> 1/20/2016 - RN-Uvatneftegaz, a Rosneft subsidiary, started commercial oil production at Zapadno-Epasskoye field, a new field of the Uvat project. ...
Gazprom & Shell Address Strategic Projects
Russia >> 1/19/2016 - St. Petersburg hosted a working meeting of Alexey Miller, Chairman of the Gazprom Management Committee with Harry Brekelmans, Maarten Wetselaar and Ronan Cassidy, Members of the Executive Committee of...
Gazprom Neft Moscow Refinery Sees 20% Increase in Euro-5 Fuel Production in 2015
Russia >> 1/19/2016 - Recent results show the Gazprom Neft Moscow Refinery processed 11 million tonnes of crude oil in 2015, an increase of 2.2 percent on 2014. In addition to this, production of high-grade gasolines incre...
Exillon Energy Provides December Production Report
Russia >> 1/18/2016 - Exillon Energy plc (EXI), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (Exillon TP) and West Siberia (Exillon WS), is pleased to announce unaudited...
Iran Set to Boost Oil Output Soon After Sanctions Removal
Iran >> 1/16/2016 - Deputy for Production at the National Iranian South Oilfields Company (NISOC) said the firm is capable to increase its output as soon as sanctions are lifted. ...
AMAK Project Saves 12 bcm Flare Gas
Iran >> 1/16/2016 - Launching the first phase of environment-friendly AMAK project which gathers associated gases from several oil fields in the south of Iran has saved burning of 12 billion cubic meters of flare gas. ...
Oil and natural gas production in 2015
Brazil >> 1/15/2016 - Petrobras hereby announces that its average Brazilian oil production in 2015 exceeded the annual target established in the Company’s Business and Management Plan for the first time in 13 years. ...
Yarudeyskoye Oil Field Reached its Full Production Capacity
Russia >> 1/12/2016 - OAO NOVATEK (NOVATEK) announced that the Yarudeyskoye oil field has reached its planned production capacity of 9,700 tons of crude oil per day, which is equivalent to approximately 3.5 million tons pe...
Six South Pars Phases to Become Operational by June 2016
Iran >> 1/11/2016 - Iran will launch six phases of the South Pars Gas Field by June 2016, said the managing director of the National Iranian Oil Company. The on-shore section of the phases 17 and 18 are currently ready t...
President Rouhani Launches South Pars Gas Field Phases 15 & 16
President Rouhani Launches South Pars Gas Field Phases 15 & 16 Iran >> 1/11/2016 - President Hassan Rouhani officially inaugurated South Pars Gas Field’s phases 15 and 16 on Monday marking a major step forward in completion of the mega project’s development. Planned for an increment...

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