Production News
| Iraq >> 12/1/2011 - The OAO LUKOIL Board of Directors held a meeting in Moscow to approve the LUKOIL Group Strategic Development Program for 2012-2021. According to the Program, the key objective of the Company for the p... |
| Kuwait >> 12/1/2011 - Board Chairman and Managing Director of Kuwait Oil Company (KOC) Sami Al-Rashid said his company drilled 418 new wells in the FY 2010-2011. "The figure far exceeded the previously targeted 255 wells,"... |
| Nigeria >> 11/30/2011 - Shell said it shut down its offshore Nigerian EA crude oil field, which can produce 115,000 barrels per day (bpd), on Nov. 9 for several weeks for planned maintenance work. ... |
| Cameroon >> 11/29/2011 - Victoria Oil & Gas Plc announces that the Production Facilities at the Logbaba site, which will treat the gas from the wellheads and separate the condensate, are mechanically complete. Pre-commissioni... |
| Russia >> 11/28/2011 - The Gazprom headquarters hosted a joint meeting of the working group of Gazprom and the Republic of Sakha (Yakutia) Government. The meeting was moderated by Viktor Timoshilov, Head of the East-Oriente... |
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Libya >> 11/28/2011 - Libya's Waha Oil, a joint venture with U.S. firms ConocoPhillips, Marathon and Amerada Hess, has begun crude oil prodution at the Dahra and Samah fields at a rate of 16,000 barrels per day, the Nation... |
| Iraq >> 11/27/2011 - Iraq's crude production has reached 2.95 million barrels per day and is expected to hit 3 million by the end of the year, Oil Minister Abdul-Kareem Luaibi said. Exports have averaged 2.185 million bpd... |
| Iraq >> 11/27/2011 - Iraq signed a final $17 billion deal with Royal Dutch Shell and Mitsubishi to capture flared gas at southern oilfields, a project that should boost production of badly needed electricity. The 25-year ... |
| Cameroon >> 11/27/2011 - Cameroon could produce some 36.5 million barrels of oil next year, the equivalent of 100,000 barrels a day and over 50 percent up on the "conservative" estimate of the central African state's 2012 bud... |
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Iran >> 11/23/2011 - Expressing satisfaction with the operations of the transmission network, Almasi told Shana reporter on Monday that all the gas facilities including gas compressors and gas pipeline network are ready t... |
| Syria >> 11/23/2011 - Syria, which is trying to halt a decline in its oil production amid a wave of deadly unrest and sanctions, pumped 2.4 percent less crude in the first nine months of this year compared with the same pe... |
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Angola >> 11/22/2011 - The giant Pazflor development, which lies 150 kilometres offshore Luanda in Angola, was inaugurated at a ceremony attended by Jose Botelho de Vasconcelos, Angola's Minister of Petroleum, Manuel Vicent... |
| Libya >> 11/22/2011 - Mellita oil and gas Company announces on Tuesday, November 22, the start operation of the offshore Bouri field, at production rate of 10 thousand barrels from the platform No. 4 (DP4) and the product... |
| Saudi Arabia >> 11/21/2011 - Saudi Arabian Oil Co., or Saudi Aramco as the state-run company is known, won’t raise crude production capacity until at least after the Manifa field begins pumping, Chief Executive Officer Khalid Al-... |
| Saudi Arabia >> 11/21/2011 - Saudi Aramco has no current plans to increase its oil production capacity to 15 million barrels per day (bpd), its chief executive said. ... |
| Iran >> 11/20/2011 - Pakistan officially demands more natural gas from Iran, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. ... |
| Iraq >> 11/18/2011 - China is likely to lift a total of up to 500,000 barrels per day of crude oil next year from Iraq, the fastest-growing oil producer in the Middle East, a volume nearly 50 percent more than this year, ... |
| Iran >> 11/18/2011 - The director of the National Iranian Oil Refining and Distribution Company has announced that Irans gasoline production has approximated its consumption, rendering Iran independent of foreign imports.... |
| Uzbekistan >> 11/18/2011 - Tethys Petroleum Limited has signed a Memorandum of Understanding ("MOU") with the Uzbek State oil and gas company, National Holding Company "Uzbekneftegaz" ("UNG") establishing a programme for Tethys... |
| Iraq >> 11/17/2011 - Iraq is planning to increase production by around 10 percent or about 130,000 barrels per day (bpd) at the giant Rumaila oilfield in 2012, its general manager told a London conference. Production is c... |
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