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Oilfield
Oil Field
Shell Pulls Out of Cambo Oilfield
SHELL has pulled out of the Cambo oilfield project, saying that the economic case for investment isn’t strong enough.
India
India Looks To Increase Oil Production By Selling Stakes In Oilfields
India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…
Oil Field
Shell Top Brass Remain Resolute in Support of Cambo Oilfield Development
Shell executives stressed the role of projects like Cambo in the UK energy mix, as the project partners await a decision on the controversial project.
CCS
China's CNOOC Launches First Offshore Carbon Capture Project
As one of the auxiliary facilities at Enping 15-1 oilfield in the Pearl River Mouth basin of the South China Sea, about 190 km southeast of Hong Kong, the CCS p…
Oil Field
Iraq Approves BP's Plans to Spin off Rumaila Oilfield
Iraq's Cabinet has approved plans submitted by BP to spin-off the development of the Rumaila oilfield, the country's largest, as the oil company exits the count…
Oil Field
Video: Mega Oilfield in Xinjiang Increases Output
A mega oilfield in China's Xinjiang has increased output.
Crude Oil
Pipeline Leak Cuts Libya’s Oil Production By 70,000 Bpd
Libya’s crude oil production fell on Monday by 60,000-70,000 barrels per day because pumping crude at an oilfield had to be reduced because of a leak in a pipe…
Oil Field
Two New Deals Awarded for Qatar’s Giant Offshore Oilfield
NOC is a joint venture between Qatar Petroleum and TotalEnergies.
Oil Field
China’s First Deepwater Oil Project Reaches Full Capacity
China has launched full-capacity production at its first independently developed deepwater oil project, which is located in the eastern section of the South Chi…
Oil Field
Russians Decide Against Selling Iraqi Oilfield to China
Russia’s Lukoil PJSC is retracting its decision to sell its stake in West Qurna-2 field in the south to Chinese companies.
Oil Field
South Sudan Readies for 2020 Oil Licensing Launch
The Minister will also announce a tender for an environmental audit for the country’s producing oilfields at the SSOP conference.
Oil Field
Shell Greenlights Gulf of Mexico 'Whale' Oilfield Project
Royal Dutch Shell announced plans on Monday to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court ord…
Oil Field
CNOOC Brings Online Another Oilfield off China
Chinese oil and gas giant CNOOC Limited has started production from its Luda 29-1 oilfield, which is located offshore China.
Oil Field
China: Daqing Oilfield's Oil and Gas Achieved Double Overproduction in the First Half
As of June 30, PetroChina’s Daqing Oilfield had completed domestic and international oil and gas production equivalent of 21.54 million tons, an increase of 86…
CCS
Sinopec Launches China's First Megaton CCUS Project
China Petroleum & Chemical Corporation announced on July 5 that it will start the construction of China's first megaton carbon capture, utilization and storage …
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