Oil field

Oil Field
Tullow Updates Performance of TEN and Jubilee Fields Over 2022
In its recent operational update, Tullow Oil reports that production from both the Jubilee and TEN fields realized over 97% operational efficiency and provided …
Oil Price
Oil Prices Retreat in Thin Trade, but China Outlook Offers Support
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/Stringer/File P…
World Energy Outlook
South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…
Oil Field
Petronas Awards Banang Oilfield Prize
Petra Energy secures extension for offshore assetPetronas has extended until August 2024 Malaysian contractor Petra Energy’s contract covering production,…
Oil&Gas Drilling
China Signs 25-Year Contract With Taliban to Produce Oil in Afghanistan
(Bloomberg) --The Taliban-led administration in Afghanistan signed its first international contract on Jan. 5 to extract oil from the northern Amu Darya basin a…
Oil Price
Oil Falls By $1/bbl As Rate Hike Fears Outweigh Tighter U.S. Stockpiles
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/StringerNEW YOR…
Oil & Gas Trade
New Petrobras’ FPSO Begins Production
Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected st…
Oil Field
Fire Under Control At Unit Of Siberian Oil And Gas Condensate Field
MOSCOW, Dec 18 (Reuters) - A unit at an oil and gas condensate Markovskoye (Markovsky) field in Russia's Irkutsk region in Siberia caught fire over an area …
Crude Oil
TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill
Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural…
Crude Oil
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar
CCS
Denmark Awards First CO2 Storage Permit
The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 …
Oil Field
Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield
China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, t…
Oil Field
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo…
Oil Field
Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future
Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a l…
Oil Field
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…

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Oil field

Tullow Updates Performance of TEN and Jubilee Fields Over 2022

Oil Prices Retreat in Thin Trade, but China Outlook Offers Support

South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook

Petronas Awards Banang Oilfield Prize

China Signs 25-Year Contract With Taliban to Produce Oil in Afghanistan

Oil Falls By $1/bbl As Rate Hike Fears Outweigh Tighter U.S. Stockpiles

New Petrobras’ FPSO Begins Production

Fire Under Control At Unit Of Siberian Oil And Gas Condensate Field

TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill

Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?

Denmark Awards First CO2 Storage Permit

Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield

Pioneer Natural Resources to Increase Return Targets for Oil Wells

Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future

UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields