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Oil production
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for First Time in Three Weeks - Baker Hugh
Horizontal drilling rigs operate in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Acquire Licensin…
Oil&Gas Drilling
China's Oil Production Rises to 208 Mln Tons in 2023 - CCTV
China's crude oil production rose to 208 million metric tons in 2023, equivalent to 4.16 million barrels per day, state broadcaster CCTV said on Tuesday.The…
Oil&Gas Drilling
ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is like…
Oil&Gas Drilling
Seatrium Awarded Shell's Deep-Water Oil Production Project
Seatrium will construct and integrate the hull, topsides and living quarters of Shell’s Sparta semi-submersible Floating Production Unit. PHOTO: SEATRIUMS…
Oil&Gas Drilling
U.S. Shatters Oil Production Records in 2023
The U.S. produced over 4.49 billion barrels of crude oil in 2019, and this record has been exceeded in 2023.The Energy Information Administration's data ind…
Oil Exploration
Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day
ANKARATürkiye's daily oil production in the Gabar region of southeastern Sirnak province has reached 30,000 barrels, the country's state-owned oil …
Oil&Gas Drilling
BP Starts Drilling Oil Production Well at New Platform of Azeri-Chirag-Gunashli Project
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsB…
Oil & Gas Trade
OPEC+ Mulls New Oil Production Cuts of 1 Million Barrels a Day - WSJ
A view shows a pressure gauge near oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo Acq…
Oil&Gas Drilling
ONGC to Start Oil Production From $5BN Deep-Water Project This Month
State-controlled Oil and Natural Gas Corporation (ONGC) will kick off oil production from its much-delayed flagship deepsea project in Krishna Godavari basin in…
Crude Oil
China’s Crude Oil Production up 1.9 Pct in First Three Quarters
China's output of crude oil went up 1.9 percent year on year in the first three quarters of 2023, official data showed.The country produced 156.72 million t…
Oil & Gas Supply
Saudi Arabia, Other Arab States Reaffirm Commitment to Voluntary Oil Production Adjustments
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, Septemb…
Oil Price
Column: US Oil and Gas Output Nears Peak
A general view of the Phillips 66 refinery, Rodeo, California, U.S. March 2, 2023. REUTERS/Nathan Frandino/File Photo Acquire Licensing RightsU.S. crude oil pro…
Oil & Gas Trade
Delta Community Threatens to Shut Down Oil Production
Nigeria’s oil industry may lose 20,000 barrels of petroleum crude per day as palpable tension grips the Otumara Flow Station operated by Shell Petroleum D…
Crude Oil
Iraq Takes First Step Towards Becoming the World's Biggest Oil Producer
Iraq’s parliamentary oil and gas committee plans to increase the country’s oil production to more than five million barrels per day.Theoretically, I…
Oil & Gas Trade
Investment of $75BN Needed to Reduce Oil and Gas Methane Emissions by 2030, IEA Says
Burning methane from oil production near Watford City, North Dakota. Fossil fuels made up nearly 82 per cent of the total global energy supply in 2022. APInvest…
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