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Oil field
Oil Field
Petrochina Brings on Stream China's Largest Gas Condensate Field in Tarim Basin
China’s upstream giant PetroChina has brought on stream the country’s largest gas condensate field, Bozidabei, in northwestern China’s Tarim b…
Oil & Gas Supply
Russia's October Oil and Gas Revenue Set for Big Jump, Reuters Calculations Show
An oil pipe is seen in front of a drilling rig at a Lukoil-owned oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei K…
Oil Field
Norway Greenlights Startup of Tommeliten Field
ConocoPhillips Co. has received approval from Norwegian authorities to begin production at Tommeliten A, a mostly gas and condensate field in the North Sea.With…
Oil Field
Qatargas Changes Name to Qatarenergy LNG
Qatargas is changing its name to QatarEnergy LNG, parent company QatarEnergy said in a statement on Thursday.It currently operates 14 LNG production trains and …
Oil Field
China's Largest Ultra-Deep Oil, Gas Field Built in Tarim Basin
Located in northwest China's Xinjiang Uygur autonomous region, Tarim Basin is a major petroliferous basin in the country. The oil and gas resources at a dep…
Oil & Gas Trade
Saudi Pif, Holders to Offer 30% Stake in Oil Driller Ades IPO
The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea, Norway, on Monday, Feb. 13, 2023. Equinor, Norway’s biggest o…
Oil & Gas Trade
Shell to Sell More Oil Assets in Nigeria
Shell Plc is reportedly set to resume talks to sell some of its Nigerian oil fields. The oil giant is said to be in negotiations with Eroton Exploration and Pro…
Oil Price
California New Oil Well Approvals Have Nearly Ground to a Halt
Active pumpjacks from oil wells are pictured at the Inglewood Oil Field, the largest urban oil field in the United States, from the Baldwin Hills Scenic Overloo…
Oil Field
Indian Oil Corporation to Raise Rs 22000 Crores via Rights Issue for Net Zero Carbon Emission Projects
Indian Oil Corporation (IOC) is raising Rs 22,000 crore through its maiden rights issue as part of the Centre’s plan to infuse capital into three state-owned f…
Oil Price
Callon Petroleum Company Announces the Closing of Delaware Basin Acquisition and Eagle Ford Divestiture
HighlightsReduces Outstanding Debt by Approximately $300 MillionWill Commence Share Buyback Program in the Third QuarterCallon Petroleum Company (NYSE: CPE) ("C…
Oil&Gas Drilling
Ftse-Listed Prospex Confirms First Gas at New Italian Field
Prospex trades on the London Stock Exchange’s FTSE Aim All-ShareProspex Energy has announced first gas production at the freshly developed onshore Selva f…
Oil & Gas Supply
Kazakhstan to Increase Crude Deliveries to Germany
The Bolashak oil plant on the Kashagan offshore oil field near Atyrau in Kazakhstan. Credit: LEON NEAL/AFP POOL/AFP via Getty Images.Kazakhstan will increase it…
Oil Field
Pertamina and Partners to Invest $800M in Algerian Oil Field
The Menzel Lejmat Nord oil field in Algeria has a production capacity of 35,000 barrels of crude per day. (Photo courtesy of Pertamina)JAKARTA -- Indonesian sta…
Oil Price
US to Add More Than Six Million Barrels of Oil to Reserves to Address Supply Disruptions
The Bryan Mound Strategic Petroleum Reserve facility at Freeport, Texas. The US Department of Energy says the reserve system has a 'long history of protecti…
Oil Field
Canada’s Irving Oil Starts Strategic Review That Includes Possible Sale
Irving Oil, owner of Canada's largest refinery, is launching a strategic review that includes the option of a full or partial sale, the privately-held compa…
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