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Crude Oil
Tullow Oil Sees Ghana Offshore Fields Production at 150,000 Boe/d by 2025
West Africa-focused Tullow Oil's chief executive TLW.L said on Wednesday its Jubilee offshore oilfield in Ghana could produce 100,000 barrels of oil equivalent …
Oil Field
Adnoc Awards $227m Contract for Enhanced Recovery at Bab Oilfield
The deal will help to boost recoverable reserves by up to 70% and will unlock additional barrels of Murban crude
Natural Gas
No Challenge in Selling from Russian Oilfields, Says ONGC
Oil prices rallied to $119 per barrel on Thursday on fears that Russian supplies will be disrupted by the volley of Western sanctions that are aimed at non-ener…
Crude Oil
Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies
Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…
Oil & Gas Supply
The State of Play of Africa’s Deepwater Discoveries
While global demand sees an upward trend in a post-COVID-19 environment, oil and gas producing countries have been unable to maintain supply owing to a myriad o…
Crude Oil
China's Largest Offshore Oilfield Yields Over 30M tonnes of Crude Oil
China's largest oil field located in Bohai Bay produced more than 30 million tonnes of crude oil in 2021, top-ranked nationwide.
Crude Oil
Tarim Oilfield Produces Over 30-mln-tonne Oil, Gas Equivalent
The Tarim Oilfield of China National Petroleum Corporation, China's leading oil and gas producer, produced more than 30 million tonnes of oil and gas equivalent…
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.
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