Production News

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...
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. ...
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 ...
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. ...
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...
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. ...
Kazakhstan's Kashagan Oil Field Begins Commercial Output
Kazakhstan >> 11/21/2016 - Kazakhstan's giant Kashagan oil field has started commercial output, the Central Asian nation's energy minister said on Monday, a milestone for the repeatedly delayed $55 billion project. ...
Eni Says Egypt Nooros Gas Field Producing 900mln/d
Eni Says Egypt Nooros Gas Field Producing 900mln/d Egypt >> 11/21/2016 - Italian oil major Eni said its Egypt Nooros field is a producing almost 900 million cubic feet of gas per day and will top 1 billion cubic feet per day in the first quarter of 2017, Egypt's state news...
EnQuest Confirms First Oil from Scolty & Crathes Fields
United Kingdom >> 11/21/2016 - First oil from the Scolty/Crathes development was achieved on 21 November 2016. ...
Venezuela Taps China Credit Line for $2.2B Oil Output Push
Venezuela >> 11/17/2016 - Venezuela said it would tap $2.2 billion from a Chinese credit line to boost oil output at joint ventures with China National Petroleum Corp, in a boost for the South American country's struggling oil...
First Oil Production of the Lemang Block
Indonesia >> 11/15/2016 - The board of directors of Ramba Energy Limited (the “Company” or “Ramba”) is pleased to announce that on 15 November 2016 the Ministry of Forestry and Environment has issued the forestry lease permi...
BP & GE Launch New Offshore Digital Technology with Plans to Deploy Globally
United States >> 11/15/2016 - BP and GE announced the start-up of Plant Operations Advisor (POA), a new digital solution designed to improve the efficiency, reliability and safety of BP’s oil and gas production operations. Plant O...

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