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Oil production
Crude Oil
Bohai Oilfield Posts Record-High Crude Oil Daily Output
A full moon is seen over an oil production platform in Bohai Oilfield, Sept. 29, 2023. [Photo/Xinhua]The daily output of crude oil in Bohai Oilfield, China'…
Oil&Gas Drilling
Gulf of Thailand Development Starts Producing Oil
Canada-based oil and gas company Valeura Energy has achieved the first oil production from a development located off the coast of Thailand, said to be a result …
Oil & Gas Trade
Development plan for Exxon's seventh project in Guyana expected in Q1 2025
A development plan for Guyana's seventh offshore oil project is expected early next year, Natural Resources Minister Vickram Bharrat said on Wednesday, and …
Oil & Gas Trade
Egypt Signs Investment Deals Worth $340 Million to Boost Oil and Gas Production
A $120 million agreement with Cheiron Energy was also signed to increase oil production in the Gulf of Suez.Egypt's Ministry of Petroleum and Mineral Resour…
Oil & Gas Supply
Totalenergies Says Oil Production to Hit High End of Q2 Guidance
A logo of TotalEnergies is seen at an electric vehicle fuelling station in the La Defense business district in Courbevoie near Paris, France, February 8, 2023. …
Oil Field
Beacon Fires up US Offshore Oil Project
Kosmos Energy chief executive Andrew Inglish.Photo: KOSMOS ENERGYUS independent Beacon Offshore Energy has started oil production from its fast-tracked Winterfe…
Oil&Gas Drilling
China's Bohai Oilfield Completes Drilling of 6,088-Meter Well
The Bohai Oilfield, China's largest offshore crude oil production base, has completed the drilling operations of a new 6,088-meter-deep well, the China Nati…
Oil & Gas Trade
OPEC+ Extends Deep Oil Production Cuts Into 2025
Vienna, June 19, 2018. REUTERS/Leonhard Foeger Purchase Licensing RightsOPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the …
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…
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