Production ///

TransCanada Keystone XL may be one oil pipeline too many

TransCanada Corp.’s Keystone XL may be one pipeline too many for Canada, at least for now.

Oil industry stands on threshold of historic step change in demand for its products

The oil and gas industry stands on the threshold of an historic step change in the demand for its products, driven by growth in every major market, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO.

OPEC races to salvage oil deal after Iran, Saudi clash

OPEC officials meeting in Vienna raced to salvage an oil-production deal on Wednesday after Iran said it was likely to reject any agreement that raised output from the group.

Pioneer sees oil at $100 if there's no supply boost

OPEC ministers have arrived in Vienna for one of the cartel’s most contentious meetings in years as Iran opposes proposals to boost production.

Shale giant says Permian oil faces shut ins on pipe shortage

The biggest U.S. shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers.

SDX Energy reports gas discovery in Egypt's South Disouq Concession

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).

OPEC's plunging spare capacity poised to boost forward oil curve

What happens if the Organization of Petroleum Exporting Countries can’t pump enough oil?

Saudi dilemma: Output boost could hurt its oil-based economy

Saudi Arabia’s plan to halt the oil-price rally could hurt its economy, depriving the kingdom of billions of dollars in income that it needs more than other OPEC members.

OPEC faces a bigger problem in Washington than Trump tweets

OPEC is facing a renewed political assault in Washington, directly from President Trump’s Twitter account, and from Congress.

President Energy reports 50% output increase at Puesto Flores field

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update in relation to its workover program at Puesto Flores field in Rio Negro Province, Argentina.

OPEC aims for modest output hike to overcome Iran's dissent

OPEC is discussing a production increase before its meeting in Vienna in an attempt to bridge the gap between Russia’s push for a big rise and Iran’s insistence that no change is needed.

U.S. oil's pricing allure risks being dulled by China tariff

China’s planned levies on U.S. crude as part of an escalating trade dispute threatens to dim the attractiveness of American supplies in the world’s biggest oil-importing nation.

Iran says three OPEC members to veto Saudi-proposed supply boost

Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week.

Rosneft says it is "comfortable" with $70-$80 oil

Rosneft PJSC’s said crude at $70 to 80/bbl was a “comfortable level” and expressed satisfaction with the results of Russia’s joint supply cuts with OPEC, just a week before talks that could phase them out.

Oil set for further loss in London as OPEC clash on supply looms

Oil headed for a second weekly decline in London as OPEC members were set to clash on raising production at a meeting next week.

Iran oil exports slide in early ship data after Trump sanctions

Iran’s oil exports fell sharply in the first two weeks of June, indicating that U.S. President Donald Trump’s re-imposition of sanctions may be discouraging some buyers.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

Oil trades near $67 as Saudi Arabia sees "inevitable" supply boost

Oil steadied just below $67/bbl as Saudi Arabia’s energy minister said an OPEC agreement to raise production is “inevitable.”

Libyan oil exports impaired as some in OPEC seek more supply

Two of Libya’s biggest oil ports stopped loading crude after armed forces clashed nearby, taking more bbl off the market just as OPEC mulls proposals to boost production.