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Oil & Gas Trade
Brazil's Petrobras First Quarter Oil Production Rises by 4.4%
A general view of the tanks of Brazil's state-run Petrobras oil company following the announcement of updated fuel prices at at the Brazilian oil company Pe…
Oil&Gas Drilling
BP Shuts Down Oil Production at Offshore Platform in Azerbaijan
UK-headquartered energy giant BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaij…
Oil&Gas Drilling
NNPC Ltd, First E&P Begin Production at OML 85, Target 20,000BPD
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited …
Oil & Gas Trade
BP Starts Oil Production From $6BN Ace Project in Caspian Sea
Azeri Central East joins six other offshore platforms installed on the ACG field off the coast of Baku, which has been producing since 1997 and has yielded more…
Oil & Gas Supply
BP Starts Oil Production at New Offshore Platform in Azerbaijan
The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canad…
Crude Oil
Adnoc Begins Crude Production in Offshore Asset
Abu Dhabi National Oil Company (Adnoc) has started crude oil production from its Belbazem offshore block, approximately 74.6 miles (120 kilometers) northwest of…
Oil & Gas Trade
Iran Inks Big Contracts to Increase Oil Production
Iran on Sunday sealed contracts worth billions of dollars with domestic companies to boost its oil production in the face of Western sanctions.In a ceremony bro…
Oil & Gas Trade
US Leads Global Oil Production for Sixth Straight Year- EIA
Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout pict…
Oil Exploration
FG Eyes 2.5 Million Barrels Daily Oil Production
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of $80/…
Oil & Gas Supply
OPEC+ to Review Oil Cut Extension in March, Ministers Leave Policy Unchanged
A view shows Saudi Aramco's Abqaiq oil facility in eastern Saudi Arabia in this undated handout photo. Saudi Aramco/Handout via REUTERS/File Photo Acquire L…
Oil&Gas Drilling
US Drillers Add Oil and Gas Rigs for First Time in Three Weeks - Baker Hugh
Horizontal drilling rigs operate in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/File Photo Acquire Licensin…
Oil & Gas Trade
China to Boost January Diesel, Jet Fuel Exports, Add to Global Supply
A worker stands next to a shipping container area in Shanghai Yangshan port December 7, 2011.REUTERS/Aly Song/File Photo Acquire Licensing Rights, opens new tab…
Oil&Gas Drilling
China's Oil Production Rises to 208 Mln Tons in 2023 - CCTV
China's crude oil production rose to 208 million metric tons in 2023, equivalent to 4.16 million barrels per day, state broadcaster CCTV said on Tuesday.The…
Oil&Gas Drilling
ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is like…
Oil&Gas Drilling
Seatrium Awarded Shell's Deep-Water Oil Production Project
Seatrium will construct and integrate the hull, topsides and living quarters of Shell’s Sparta semi-submersible Floating Production Unit. PHOTO: SEATRIUMS…
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