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OPEC
Exclusive: Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target
An employee inspects a well head in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019. Picture taken March 10,…
Oil Field
China’s CNOOC Discovers 100 Million Ton Oilfield in Bohai Sea
The logo of China National Offshore Oil Corporation (CNOOC) is seen at its booth during the China International Fair for Trade in Services (CIFTIS) in Beijing, …
Oil & Gas Trade
Aramco Hikes Dividend 30% to $98 Billion Despite Drop in Profit
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo/File Photo Purchase Li…
Oil&Gas Drilling
Chevron Restarts Drilling in Key Venezuela Oil Field
A Petroleos de Venezuela SA (PDVSA) oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Wednesday, Nov. 15, 2023. A decision by the US on Oct.…
Oil Price
Record US Oil and Gas Production Keeps Prices Under Pressure
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsU.…
Oil Field
Energypathways Inks Deals to Advance Marram Field Development
EnergyPathways PLC (AIM:EPP) has signed up contractor MCS Subsea Solutions Limited and Mermaid Subsea Services (UK) which will provide their respective services…
Oil Field
Partners in Israel's Tamar gas field agree to further expand production
The partners in Israel's Tamar natural gas field said on Sunday they agreed to expand production at the offshore site, which is a major energy source for Is…
Oil Field
Aberdeen Uni Study Raises Concerns Over Gas Field Hydrogen Storage
An Aberdeen University-led study exploring the use of a depleted gas field in Scotland to store hydrogen has raised concerns about the future viability of simil…
Oil Field
Shell Approves Plan to Develop North Sea Gas Fieldth
A Shell logo is seen on a pump at a petrol station in London April 28, 2010. REUTERS/Toby Melville/File Photo Acquire Licensing RightsShell (SHEL.L), opens new …
Oil Field
Energy Firms to Test CO2 Capture in Brazil Undersea Oil Field
A consortium of Brazilian, British, French and Chinese energy firms will test new technology aimed at capturing CO2 in an undersea oilfield off Brazil in an eff…
Oil Field
Dutch Government to Turn On 'Pilot Light' Output at Groningen Gas Field
The Dutch government said on Monday it would turn on the "pilot light" - meaning minimal production - at two stations in the Groningen gas field due to impendin…
Oil Field
India Inks Contracts for 13 Hydrocarbon Blocks
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.India’s Petroleum and Natural Gas Ministry has signed contracts …
Oil & Gas Trade
Venezuela's 2023 Oil Exports Rose, Aided by Us Sanctions Easing
An oil pump jack is seen in an oil field near Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo Acquire Licensing RightsV…
Oil Field
CNOOC Brings South China Sea Fields on Stream
Chinese offshore operator CNOOC Ltd has achieved first oil at the Lufeng Oilfields Phase II Development Project located in the Pearl River Mouth basin of the So…
Oil Field
China's CNPC Replaces U.S. Oil Giant as Lead Contractor for Iraq's West Qurna 1 Oilfield
Representatives attend a handover ceremony in Basra, Iraq, on Jan. 1, 2024. China's leading oil and gas producer, China National Petroleum Corporation (CNPC…
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