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Production News

Occidental Oilfield Restart After Attacks in Colombia
Colombia >> 12/12/2016 - Occidental Petroleum Corp has restarted crude production at Colombia's Cano Limon oilfield and its pipeline is pumping again after a series of rebel attacks shut output and transport for several weeks...
Phase 19 Gas Extraction from South Pars Field Reach 42 mcm
Iran >> 12/12/2016 - The managing executer of phase 19 of South Pars reported of the increase in the phase gas production and stated that with the operationalization of 19A platform, the daily gas extraction of the phase ...
Iran Petchem Export to Reach 20 Mln Tons
Iran >> 12/11/2016 - Iran’s petrochemical export is scheduled to reach 20 million tons worth of 9 billion dollars till the end of this Iranian calendar year(started March 20, 2016), senior NPC official said on Saturday. ...
Agreement Between OPEC and Non OPEC Countries
Venezuela >> 12/10/2016 - Countries outside of the Organization of the Petroleum Exporting Countries (OPEC), committed to reduce their production by 558,000 barrels per day, at a meeting of OPEC and non OPEC producing countrie...
Kazakhstan Says May offer to Reeze its Output at Vienna Talks
Kazakhstan >> 12/9/2016 - Kazakhstan may offer to freeze its oil output at last month's level at the talks between OPEC and non-OPEC producers in Vienna, Kazakh Energy Minister Kanat Bozumbayev said on Friday. ...
OMV Petrom Start Experimental Gas Production from Padina North Field
Romania >> 12/8/2016 - OMV Petrom, the largest oil and gas producer in Southeastern Europe, in partnership with Hunt Oil Company of Romania (Hunt Oil), announces start of experimental gas production from Padina field (South...
Kazakhstan's Kashagan Field to Yield 8.9 mln Tonnes in 2017
Kazakhstan >> 12/7/2016 - Kazakhstan's giant offshore Kashagan field is expected to produce 8.9 million tonnes of oil in 2017 (about 192,000 barrels per day), Kazakh Energy Minister Kanat Bozumbayev told Reuters on Wednesday. ...
No Feedstock Shortage for Petchem Plants in Winter
Iran >> 12/7/2016 - A senior petrochemical official said given the rise of gas production in the country over the past 12 months, there will be no shortage for feedstock supply of petrochemical plants during winter. ...
First Phase of CNPC's Mackay River Project in Canada is Put into Operation
China >> 12/7/2016 - On December 1 in Alberta, Canada, the first phase of the Mackay River Project became operational. As one of CNPC's two solely-invested projects in Canada, the Mackay River Project is operated and mana...
November Production Report
Russia >> 12/6/2016 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West ...
Saudi, Kuwait Expect to Restart Neutral Zone Oilfields Soon
Saudi Arabia >> 12/5/2016 - Saudi Arabia and Kuwait are expected to agree this month to resume oil production from the jointly operated oilfields in the Neutral Zone that lies between both countries, industry sources told Reuter...
NISOC Collecting 42Mcm Associated Gases
Iran >> 12/5/2016 - Managing Director of National Iranian South Oilfields Company said, roughly 42 million cubic feet of associated gases is now being collected by NISOC. ...
NISOC Yield to Be Up by 30kbd
Iran >> 12/5/2016 - Managing Director of National Iranian South Oil Company (NISOC) Bijan Alipour says his company's production will rise up to 30,000 barrels per day. ...
Shell Successfully Completes Project to Increase Production at Western Canada Refinery
Canada >> 12/2/2016 - Shell has successfully completed a major growth project at its Scotford Refinery near Edmonton, Alberta that will increase hydrocracker production capacity by 20%. The project was completed through t...
BP Approves Mad Dog Phase 2 Project in the Deepwater
United States >> 12/1/2016 - BP has sanctioned the Mad Dog Phase 2 project in the United States, highlighting its long-term commitment to the country despite the current low oil price environment. ...
OPEC Ministers Agree on Production Cuts
OPEC Ministers Agree on Production Cuts Austria >> 12/1/2016 - The oil prices jumped above $52 per a barrel on Thursday after the Organization of the Petroleum Exporting Countries agreed to cut production by 1.2 million barrels. ...
OMV's Maari Field Shut-In
New Zealand >> 11/25/2016 - The operator of the Maari oil field, OMV New Zealand, has ceased oil production and is de-manning the Maari wellhead platform (WHP) as a precautionary measure while it deals with a crack found in one ...
October Production Report October Production Report
Russia >> 11/25/2016 - Exillon Energy plc ("Exillon Energy"), 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 a...
Lukoil Develops Cooperation with the Republic of Komi
Russia >> 11/25/2016 - President of LUKOIL Vagit Alekperov and Head of the Republic of Komi Sergey Gaplikov signed a 2017 Protocol to the Agreement on Cooperation between the company and the region, in Usinsk today. ...
Sonatrach and Cepsa Extend Oil Field Contracts
Algeria >> 11/22/2016 - The Algerian state energy firm Sonatrach and Spain's Cepsa signed an agreement to extend partnership contracts for two oil fields in the North African country, Sonatrach said. ...

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