Production News

Saudi's SAFCO Plans Maintenance at Ammonia, Urea Plants in 2016
Saudi Arabia >> 2/18/2016 - Saudi Arabia Fertilizers Co (SAFCO) plans to shut production at some of its ammonia and urea plants in Jubail for maintenance this year, it said in its annual report. ...
Saudi Arabia & Russia Agree to Freeze Oil Production
Saudi Arabia >> 2/17/2016 - Top global oil exporters, including Saudi Arabia and Russia agreed on Tuesday to freeze oil production at January levels after a meeting between oil ministers in Doha. Saudi Oil Minister Ali al-Naimi ...
China's Sinopec to Shut 4 Oilfields at Shengli
China >> 2/17/2016 - China's state-owned Sinopec will shut four oilfields this year at Shengli in the eastern province of Shandong, a company newspaper said, as low global oil prices take a toll on output of the country's...
Iran Signals Tough Stance in Oil Producers' Talks
Iran >> 2/17/2016 - Iran signaled on Wednesday it would take a tough line in talks among oil producers on restraining production, saying it would continue increasing its output until it reached levels seen before interna...
In Salah Start-Up for BP
Algeria >> 2/16/2016 - In Salah Gas, a joint venture between Sonatrach, BP and Statoil announced the start-up of its Southern Fields project. ...
Iran Makes Major Rise in its Oil Output
Iran >> 2/15/2016 - Iran said that it has increased its oil production capacity by 400,000 barrels per day (bpd) thus almost materializing an earlier pledge to raise output by 500,000 bpd after the removal of the sanctio...
SPD Produced 6.1 Mln of Tons in 2015
Russia >> 2/8/2016 - In 2015 Salym Petroleum Development N.V. (SPD) delivered 6 109 400 tons (43 936 184 barrels) of production. SPD slowed down its production decline rate by 35%. ...
Total Starts-up Production at Laggan-Tormore in West of Shetland
United Kingdom >> 2/8/2016 - Total has started-up production from the Laggan and Tormore gas and condensate fields, located in 600 meters of water in the West of Shetland area. The fields will produce 90,000 barrels of oil equiva...
Iran to Operate Oilfields with 160,000 bpd
Iran >> 2/6/2016 - Two major oilfields in southwest Iran will begin producing 160,000 barrels per day (bpd) soon as the country is boosting output to pre-sanction levels. ...
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. ...
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...
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. ...

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