Mon, 05 Dec 2016 00:00:00 GMTChevron will shortly submit a development plan for the Sarta block in the Kurdistan Region of Iraq, according to Ian MacDonald, the company's vice president of exploration.
Mon, 05 Dec 2016 00:00:00 GMTIraq's semi-autonomous region of Kurdistan sees no major impact on its crude oil production from OPEC's agreed cuts, according to its natural resources minister.
Sun, 04 Dec 2016 00:00:00 GMTSaudi Arabia and Kuwait expect to agree soon on the resumption of oil production from their jointly-operated oilfields in the Neutral Zone.
Fri, 02 Dec 2016 00:00:00 GMTRussia plans to use its rercent oil production as its baseline when it cuts output under this week's deal with OPEC,Deputy Energy Minister Kirill Molodtsov says.
Fri, 02 Dec 2016 00:00:00 GMTOPEC will meet non-OPEC countries to finalise a global oil limiting pact on Dec. 10 in the Russian capital Moscow, two OPEC sources told Reuters on Friday.
Fri, 02 Dec 2016 00:00:00 GMTProduction drilling has started on the Mariner field in the UK North Sea, Statoil announced Friday.
Thu, 01 Dec 2016 00:00:00 GMTThe DOE grants authorization for a proposed LNG terminal in Lake Charles, La., to export LNG to countries with which the United States has not entered into a free trade agreement (non-FTA approval).
Thu, 01 Dec 2016 00:00:00 GMTShale production is expected to grow significantly from 2018, with a yearly addition of 1 million barrels per day, while offshore output will see a decline from the same year, according to Rystad Energy.
Thu, 01 Dec 2016 00:00:00 GMTRussia will cut its oil output from November-December levels, Energy Minister Alexander Novak told reporters on Thursday.
Thu, 01 Dec 2016 00:00:00 GMTThe partners in the Leviathan natural gas field off Israel's coast said on Thursday they signed a deal worth about $2 billion to supply gas to Dalia Power Engines.
Thu, 01 Dec 2016 00:00:00 GMTAzerbaijan has no intention of increasing crude oil output in 2017, Energy Minister Natig Aliyev said on Thursday.
Wed, 30 Nov 2016 00:00:00 GMTRussia is ready to cut oil production "gradually" by up to 300,000 bpd in the first half of next year as part of an agreement with OPEC, Russian Energy Minister Alexander Novak says.
Wed, 30 Nov 2016 00:00:00 GMTChevron Corp temporarily halts output from one of the 2 production units at its Gorgon liquefied natural gas (LNG) plant off Australia's west coast.
Tue, 29 Nov 2016 00:00:00 GMTNorth Dakota law enforcement will begin to block supplies from reaching protesters at a camp near the construction site of an oil pipeline project.
Tue, 29 Nov 2016 00:00:00 GMTChina will open up its upstream oil sector further between 2016 and 2020, the official Xinhua news agency reported, citing the vice minister of the Ministry of Land and Resources.
Tue, 29 Nov 2016 00:00:00 GMTHurricane Energy signs an agreement with Bluewater Energy Services for the use of the Aoka Mizu Floating Production Storage and Offloading Vessel on the company's Lancaster field, West of Shetland.
Fri, 25 Nov 2016 00:00:00 GMTNorway's oil and energy ministry approves a hike in the 2016 oil output quota of the North Sea Troll field to 46.5 million barrels from 41.7 million, giving it the highest output level since 2009.
Fri, 25 Nov 2016 00:00:00 GMTIthaca Energy Inc. expects the production start-up of the Stella field, located in the central North Sea, to commence in January 2017 after a program of necessary repairs was identified.
Thu, 24 Nov 2016 00:00:00 GMTWoodside Petroleum is moving forward with its Scarborough area gas fields and its delayed Browse liquefied natural gas (LNG) project at a similar rate.
Thu, 24 Nov 2016 00:00:00 GMTOPEC may ask oil producers outside the cartel to make big cuts in output.