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Oil&Gas Drilling
Joint Venture of Venezuela's Pdvsa, Chevron Launches New Drilling Plan
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas…
OPEC
OPEC Oil Output Falls in March, Led by Iraq - Reuters Survey
OPEC logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsOPEC oil output fell last mon…
Crude Oil
Russia Will Cut Oil Output in Q2 to Catch up With Other OPEC+ Countries
A working oil pumpjack in Taft Kern County California US September 21, 2023. — AFPRussia has decided to focus on reducing oil output rather than exports in the…
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&Gas Drilling
Angola to Maintain Oil Output at 1.1. Million Bpd Through at Least 2027
Angola is producing about 1.1. million barrels per day of crude, similar to its level before it exited the Organization of the Petroleum Exporting Countries, an…
Oil & Gas Supply
Security Measures in Niger Delta Increased Oil Output by 200,000 Barrels – Verheijen
The federal government has settled for fiscal incentives in the Oil and Gas Sector to attract investments.Special adviser (SA) to the President on Energy, Olu V…
Oil Price
Several Countries Extend Oil Output Cuts to Boost Prices Amid Economic Uncertainty
The OPEC+ alliance on October 5, 2022, decided to sharply cut production to support sagging oil prices. © Michael Probest, APThe plan to extend cuts to mid…
Oil&Gas Drilling
OPEC+ Members Extend Oil Output Cuts to Second Quarter
A view of the entrance to the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeg…
Oil & Gas Supply
Russia Says to Deepen Oil Output Cuts While Easing Export Limits
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
China-Developed Deepwater Gas Field Reports Record High Gas, Oil Output
China's first independently-developed and built ultra-deepwater gas field Shenhai Yihao, or Deep Sea No.1, has recorded an accumulated natural gas output of…
Oil & Gas Trade
Russia's Gazprom Neft Sees No Need for Extra OPEC+ Oil Output Cuts
Alexander Dyukov, head of Russian oil producer Gazprom Neft, attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, R…
Oil & Gas Trade
Chevron to Begin Marketing Shale Gas Assets in Canada's Duvernay
The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas…
Oil & Gas Trade
US Oil Output Due to Drop in February for 5th Straight Month, EIA Says
U.S. oil output from top shale-producing regions is due to decline in February for the fifth consecutive month, the U.S. Energy Information Administration (EIA)…
Oil&Gas Drilling
US Oil Output to Touch a Record High in 2024, but Growth Will Slow - EIA
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo …
Oil&Gas Drilling
Frontera, CGX to See First Oil in Guyana by 2030, Seek Partners
Frontera Energy (FEC.TO) and CGX Energy (OYL.V) expect to make a final investment decision by 2026 on developing a promising Guyana offshore block, with first o…
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