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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…
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 Trade
China to Boost January Diesel, Jet Fuel Exports, Add to Global Supply
A worker stands next to a shipping container area in Shanghai Yangshan port December 7, 2011.REUTERS/Aly Song/File Photo Acquire Licensing Rights, opens new tab…
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 & Gas Supply
Russia Plans to Cut Seaborne Oil Exports by 100,000-200,000 Bpd in Jan - Sources
The oil products tanker Nord and a bulk carrier sail near the crude oil terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 202…
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…
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