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Petrobras & Statoil Advance on a Strategic Partnership
Brazil >> 9/29/2017 - Petrobras informs that it signed the Heads of Agreement (HoA) with the Norwegian company Statoil, in continuity to the Memorandum of Understanding signed in 8/30/2016, through which the companies comm...
Libya Faces Renewed Calls to Join OPEC Cut
Libya >> 9/28/2017 - Libya’s oil output is rising again after disruptions ended at its biggest field, with production reaching about 950,000 barrels a day even as OPEC and allied suppliers step up efforts to contain a glo...
Approval Received for Continuation of Oil Production
Kazakhstan >> 9/28/2017 - Tethys Petroleum Limited (TPL) announces a corporate update. ...
Victoria Oil & Gas Starts 1st Production Gas from Logbaba Well La-107
Cameroon >> 9/26/2017 - Following the drilling update of 17 August 2017, Victoria Oil & Gas Plc is pleased to announce successful flow tests and first production gas from the Logbaba La-107 well. The well reached target dept...
BP Starts Production from Khazzan Field Ahead of Schedule and Under Budget
Oman >> 9/25/2017 - BP, together with the Ministry of Oil & Gas of the Sultanate of Oman, announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company...
Serica Energy Reports Recommencement of Erskine Field Production
United Kingdom >> 9/25/2017 - Serica Energy plc is pleased to report that production at the Erskine field recommenced at the end of last week and the field has produced continuously over the weekend. A further update will be provi...
OPEC and Russia Hold Steady on Cuts as Oil Market Improves
Russia >> 9/22/2017 - OPEC and Russia said they were about halfway toward clearing a global oil glut and urged fellow producers to stay focused and finish the job, while stopping short of additional action to reassure a ji...
Kazakhstan Cuts Kashagan Q4 Output Forecast to 270,000 bpd
Kazakhstan >> 9/22/2017 - Kazakhstan’s giant Kashagan oil field will produce 270,000 barrels per day in the last quarter of this year, a unit of Kazakh national oil firm told Reuters. The forecast is lower than that given this...
Gazprom Neft Begins Production at Otdelnoye Field
Russia >> 9/21/2017 - Gazprom Neft subsidiary Gazpromneft-Noyabrskneftegaz has brought its Otdelnoye field located in the northern part of the Surgut District of the Khanty-Mansiysk Autonomous Okrug-Yugra, 70 kilometres fr...
LyondellBasell Begins Production at New PP Compounding Plant in Dalian, China
China >> 9/21/2017 - LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, today announced the successful startup of a new 20 kilotonne per year polypropylene (PP) compounding plant i...
Gazprom Neft’s Omsk Refinery to Become the First to Begin Commercial Production of Needle Coke
Russia >> 9/20/2017 - The existing delayed coking unit (DCU) at the Gazprom Neft Omsk Refinery is to undergo reconstruction. Technological modernisation of the facility will increase the efficiency of the DCU and create Ru...
Statement on Edinburgh University Oil and Gas Study
United Kingdom >> 9/19/2017 - Commenting on Edinburgh University’s oil and gas study published, Deirdre Michie, Chief Executive of Oil & Gas UK, said: “There are up to 20 billion barrels of oil and gas resources still to be recove...
UK Oil and Gas Reserves May Last Only a Decade
United Kingdom >> 9/19/2017 - The Scottish and UK oil industries are entering their final decade of production, research suggests. A study of output from offshore fields estimates that close to 10 per cent of the UK’s original rec...
Algeria's Sonatrach to Boost Output from Rhourde El Baguel field
Algeria >> 9/18/2017 - Algeria’s state-run energy firm Sonatrach will boost gas output by 10 million cubic metres per day at its giant Hassi Messaoud field and will then increase output by 6 mcm a day at nearby Rhourde el B...
Norway Sees Decrease in August Oil Production
Norway >> 9/15/2017 - Preliminary production figures for August 2017 show an average daily production of 1 918 000 barrels of oil, NGL and condensate, which is a decrease of 41 000 barrels per day compared to July. Total g...
LEKOIL Reports Otakikpo Production Now at 7,000 Bopd
Nigeria >> 9/14/2017 - LEKOIL, the oil and gas exploration, development and production company with a focus on Africa, is pleased to announce an increase in current production at the Otakikpo Marginal Field (Otakikpo) in OM...
The Azerbaijan Government & Co-Venturers Sign Amended and Restated ACG PSA
Azerbaijan >> 9/14/2017 - The Azerbaijan Government and the State Oil Company of the Republic of Azerbaijan (SOCAR), together with BP, Chevron, INPEX, Statoil, ExxonMobil, TP, ITOCHU and ONGC Videsh signed the amended and rest...
NNPC & ExxonMobil Fine-Tune Strategy for Improved Production
Nigeria >> 9/7/2017 - The Nigerian National Petroleum Corporation (NNPC) and its upstream joint venture partner, ExxonMobil, are seeking new measures to expand existing operational portfolio with a view to increasing crude...
Lukoil Improves High-Viscosity Oil Production Techniques
Russia >> 9/5/2017 - PJSC LUKOIL tested a new technique of thermal-gas-chemical formation treatment at one of the Usinskoye field wells. During the tests, special chemical compounds were injected into the oil-saturated la...
Natural Gas Production in Brazil Hits Record
Brazil >> 9/4/2017 - The natural gas production in Brazil in July amounted to 115 million cubic meters per day (m 3 / d), 111.8 overcoming the MMM 3 / d registered in December 2016. The volume is increased by 3.5% compare...

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