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Oil production
Crude Oil
Romania's Crude Oil Production Down 3.4pct in Q1 2024, Imports Drop 15.1pct (Statistics)
In the first quarter of 2024, Romania produced 682,400 tonnes of oil equivalent (toe) of oil, 23,900 toe less (-3.4%) than in the same period of the previous ye…
Oil&Gas Drilling
State Companies Plan to Extract 15 Cubic Meters of Gas and Two Million Tons of Oil This Year and Have Launched Seven New Gas Wells.
The Naftogaz group expects that state gas production companies will produce about 15 billion cubic meters of gas in 2024, said the state company’s CEO, Ol…
Oil & Gas Supply
Russia Cuts Oil Production by Less Than Agreed Last Month, Bloomberg Says
Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tati…
Oil&Gas Drilling
Conocophillips Reaches First Oil at Norway’s Eldfisk North Ahead of Schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.Located in the Greater Ekofisk …
Oil & Gas Supply
Abu Dhabi's ADNOC Says Oil Production Capacity Reaches 4.85 Million Bpd
A general view ADNOC Headquarters lit up in the colours of the Russian flag in solidarity with Russia after a deadly attack at a Moscow concert venue, in Abu Dh…
Oil & Gas Trade
Brazil's Petrobras First Quarter Oil Production Rises by 4.4%
A general view of the tanks of Brazil's state-run Petrobras oil company following the announcement of updated fuel prices at at the Brazilian oil company Pe…
Oil&Gas Drilling
BP Shuts Down Oil Production at Offshore Platform in Azerbaijan
UK-headquartered energy giant BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaij…
Oil&Gas Drilling
NNPC Ltd, First E&P Begin Production at OML 85, Target 20,000BPD
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited …
Oil & Gas Trade
BP Starts Oil Production From $6BN Ace Project in Caspian Sea
Azeri Central East joins six other offshore platforms installed on the ACG field off the coast of Baku, which has been producing since 1997 and has yielded more…
Oil & Gas Supply
BP Starts Oil Production at New Offshore Platform in Azerbaijan
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…
Crude Oil
Adnoc Begins Crude Production in Offshore Asset
Abu Dhabi National Oil Company (Adnoc) has started crude oil production from its Belbazem offshore block, approximately 74.6 miles (120 kilometers) northwest of…
Oil & Gas Trade
Iran Inks Big Contracts to Increase Oil Production
Iran on Sunday sealed contracts worth billions of dollars with domestic companies to boost its oil production in the face of Western sanctions.In a ceremony bro…
Oil & Gas Trade
US Leads Global Oil Production for Sixth Straight Year- EIA
Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout pict…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
Oil & Gas Supply
OPEC+ to Review Oil Cut Extension in March, Ministers Leave Policy Unchanged
A view shows Saudi Aramco's Abqaiq oil facility in eastern Saudi Arabia in this undated handout photo. Saudi Aramco/Handout via REUTERS/File Photo Acquire L…
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