Oil production

Norway

Norwegian Oil and Gas Company Aker BP Achieves Oil Production from New Reservoir in North Sea Nine Months Ahead of Schedule

Aker BP announced that the Symra oil field in the Norwegian North Sea has commenced production. The project started nine months earlier than originally planned,…

Libya

Libya fully resumes output at Sharara and El Feel oil fields, NOCK says

​Libya's National Oil Corporation said on March 30 ​that oil production had fully resumed at the Sharara and El ‌Feel oilfields after completing main…

Hindalco Invests to Expand Aluminum Smelting Capacity and Launches Battery Foil Production Line

Hindalco Industries, the metals business of India's Aditya Birla Group, has announced an investment of ₹210 billion to expand its aluminum smelter in Samba…

Kazakhstan's Tengiz Oil Field Resumes Production with Output Gradually Increasing

Kazakhstan's largest oil field, the Tengiz oil field, has begun to resume oil production. The field is operated by Tengizchevroil, a joint venture led by Ch…

Crude Oil

Turkmenistan Expands Oil Production at Uzynada Field

Turkmenistan’s Türkmennebit State Concern has achieved a substantial rise in hydrocarbon production at the Uzynada oil and gas condensate field, foll…

Indonesia

POSCO International to Invest $862 Mln in Indonesian Palm Oil Business

POSCO International has completed a $862 million investment program to establish a fully integrated palm oil value chain in Indonesia, covering plantations, cru…

Oil Shale

Total Production of China’s Largest Shale Oil Base Hits 20 Million Tons

China’s largest shale oil production base, the Changqing Oilfield in Northwest China’s Gansu Province, has achieved a cumulative output exceeding 20…

Crude Oil

First Oil Flows From Offshore Project in Southeast Asia Ahead of Schedule

Vietsovpetro, the Vietnam–Russia joint venture between PetroVietnam and Zarubezhneft, has achieved first oil production from the BK-24 wellhead platform a…

Oil&Gas Drilling

Equatorial Guinea to Open Its 2026 Oil and Gas Licensing Round in April

Equatorial Guinea will open a new oil and gas licensing round in April 2026 to encourage exploration and offset declining oil production, Minister of Hydrocarbo…

Crude Oil

Russian Oil Output Rises in August, OPEC Data Shows

Russian oil production rose in August to 9.173 million barrels per day, an increase of 50,000 barrels per day compared with July, according to OPEC’s mont…

Oil Shale

Chevron to Boost Vaca Muerta Output to 30,000 Bpd by Year-End

Chevron (CVX.N) announced plans to raise oil production in Argentina’s Vaca Muerta shale formation to 30,000 barrels per day by the end of this year, acco…

Oil Field

New Zealand Prolongs Oil Production Lifespan of OMV’s 16-Year-Old Field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has been granted a 10-year extension of its petroleum mining permit (PMP) 38160 for the Maari oil field, l…

Kazakhstan

Record Sunflower Oil Production in Kazakhstan

Kazakhstan’s oil mills produced 526,000 tons of unrefined sunflower oil during the first eleven months of the 2024/2025 marketing year (September to July)…

Crude Oil

US Crude Production to Hit Record 13.41 Million Bpd in 2025 Before Falling, EIA Says

The U.S. Energy Information Administration (EIA) released a monthly report on August 12, 2025, projecting U.S. crude oil production to reach a record 13.41 mill…

Oil Field

Changqing Oilfield’s Daily Shale Oil Output Surpasses 10,000 Tonnes

On Wednesday, Changqing Oilfield, China’s largest oil-and-gas field, reported a daily shale oil production of 10,006 tonnes, marking a significant milesto…