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Oil Production
Crude Oil
Mexico’s Finance Ministry Estimates Crude Oil Production 129,000 Bpd Below Target
Mexico has adjusted its crude oil production forecast for 2025, reducing the estimate by 129,000 barrels per day (bpd). The finance ministry announced this chan…
Oil&Gas Drilling
Oil Production Starts at Equinor’s Norwegian Field, Ushering in ‘New Era’ for Barents Sea
Norwegian state-owned energy giant Equinor has successfully started production at the Johan Castberg field in the Barents Sea, marking a significant milestone i…
Crude Oil
EIA Raises USA Crude Oil Production Forecast
The U.S. Energy Information Administration (EIA) raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook (STEO),…
Crude Oil
Turkiye’s Daily Oil Production Reaches 132,000 Barrels
Turkiye significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minist…
Oil&Gas Drilling
CNOOC Starts Production in Luda 5-2 North Phase 2 in Bohai Sea
'CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'…
Oil&Gas Drilling
CNOOC Limited Brings On-Stream Luda 5-2 North Oilfield Phase II Development Project
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces that Luda 5-2 North Oilfield Phase II Development …
Oil and Gas Equipment
Exxon’s Fourth Floating Oil Production Facility for Guyana Departs From Singapore
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.The fourth floating production facility to be operated by a co…
Oil&Gas Drilling
SBM Offshore’s Giant FPSO Switches to Oil Production Mode at Petrobras’ Deepwater Field
Brazilian state-owned energy heavyweight Petrobras has confirmed the first oil from a new floating production, storage, and offloading (FPSO) unit, owned by the…
Oil Field
Brazil’s Largest Offshore Oil Platform Begins Operations in Pre-salt Region
Brazil’s Largest Offshore Oil Platform Begins Operations in Pre-Salt Region.Brazil's largest offshore oil production unit, the Almirante Tamandar&eacu…
Oil&Gas Drilling
BP Starts Production at Second Phase of Egypt’s Raven Field
Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023.British energy giant, BP, announced on Sunday the start …
Oil&Gas Drilling
SBM Offshore’s Giant FPSO Switches Oil Production Mode on at Petrobras’ Deepwater Field
FPSO Almirante Tamandaré;Brazilian state-owned energy heavyweight Petrobras has confirmed the first oil from a new floating production, storage, and offl…
Oil&Gas Drilling
OPEC Reports Decline in Kazakhstan’s Oil Output for Jan. 2025
Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per day (mb/d), according to OPEC’s latest report, Trend rep…
Crude Oil
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it…
Crude Oil
Libya’s NOC Unveils Self-Reliance
Strategic shift focuses on homegrown technologiesThe National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil pr…
Biofuel
Malaysia Palm Oil Output Resilient Despite Flood Disruption, Says MPOB
A view of a cart full with the fresh fruit bunches at a palm oil collection centre for smallholders in Banting, Selangor, Malaysia, June 10, 2022.Malaysia&rsquo…
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