Thu, 27 Oct 2016 00:00:00 GMTPetrobras and partners will install the first of four commercial production systems in the giant Libra offshore oil area in 2020, adding one a year through 2023.
Wed, 26 Oct 2016 00:00:00 GMTCanada's National Energy Board downgrades its long-term crude oil supply forecast.
Wed, 26 Oct 2016 00:00:00 GMTThe Bolivian government and a consortium led by Spain's Repsol are to sign a potential $1-billion deal to develop two natural gas fields.
Wed, 26 Oct 2016 00:00:00 GMTThe Gazprom board will convene on November 9 to consider cancelling a shareholder agreement concerning the construction of the Nord Stream-2 undersea gas pipeline to Germany.
Wed, 26 Oct 2016 00:00:00 GMTBP plans to ship one million barrels of US crude oil to Thailand and Australia for the first time, according to sources.
Tue, 25 Oct 2016 00:00:00 GMTIraq tells top OPEC official it is ready to cooperate in reaching a deal on supply cuts to support oil prices.
Tue, 25 Oct 2016 00:00:00 GMTIndonesia state oil firm Pertamina targets a 42-percent increase in crude oil production and a 17-percent increase in gas production in 2017, amid continued overseas expansion.
Mon, 24 Oct 2016 00:00:00 GMTProduction at Statoil's Statfjord A oil platform in the North Sea has restarted after it was shut due to a fire on Oct. 16, the company said on Monday.
Mon, 24 Oct 2016 00:00:00 GMTForeign oil companies will increase their investments to increase output in Basra, the main producing region of Iraq.
Mon, 24 Oct 2016 00:00:00 GMTAngola unseats Russia as China's largest crude supplier.
Fri, 21 Oct 2016 00:00:00 GMTIslamic State militants attack several buildings in the northern Iraqi oil city of Kirkuk on Friday before dawn.
Fri, 21 Oct 2016 00:00:00 GMTFrom sharp cuts to Chinese oil production to falling inventories of refined fuel products, signs are mounting that Asia's oil markets are slowly returning to balance.
Fri, 21 Oct 2016 00:00:00 GMTIndonesia expects to decide within "one or two weeks" on a plan by Inpex Corp to increase proposed output from the Masela natural gas field to nearly four times the level originally slated.
Thu, 20 Oct 2016 00:00:00 GMTCairn India Limited announced Thursday that the Mangala oil field in Rajasthan has achieved 300 million barrels of cumulative production.
Thu, 20 Oct 2016 00:00:00 GMTA strike in Gabon by oil workers at French company Maurel and Prom has cut production from the Onal field to 10,000 barrels per day from 28,000 bpd normally.
Thu, 20 Oct 2016 00:00:00 GMTRussia has the potential to further increase oil output in the future by up to 200 million tons a year, or 4 million barrels per day, Rosneft's chief executive Igor Sechin says.
Thu, 20 Oct 2016 00:00:00 GMTThe Wheatstone LNG development is ready to start-up in mid-2017, according to Woodside Petroleum Ltd CEO Peter Coleman.
Thu, 20 Oct 2016 00:00:00 GMTThere are currently 63 uncommitted cargoes of liquefied natural gas (LNG) for 2017 delivery from Indonesia's Tangguh and Bontang projects.
Wed, 19 Oct 2016 00:00:00 GMTSteady oil and gas prices may spur operators into completing wells left idle during the downturn.
Wed, 19 Oct 2016 00:00:00 GMTQuadrant Energy announces that the Roc-2 well, located offshore Australia, has flowed gas and condensate during testing.