Production

News
November 03, 2022
US oil-supply growth is being hindered by “rapidly escalating” equipment costs and supply-chain snags, ConocoPhillips CEO Ryan Lance said Thursday.
News
November 03, 2022
Republicans in Congress plan to increase domestic fossil fuel production by expanding federal oil and gas leasing and banning energy development moratoriums on federal lands.
News
November 02, 2022
WASHINGTON – The American Petroleum Institute (API) on Wednesday published a first-edition document focused on species and habitat conservation for onshore natural gas and oil production facilities that will help boost the industry’s existing practices to enhance environmental performance.
News
November 01, 2022
Shell Petroleum N.V. (Shell Petroleum) on Tuesday said it has completed the sale of its 100% shareholding in Shell Philippines Exploration to Prime Infrastructure Capital subsidiary Malampaya Energy following final JV and regulatory approvals.
News
November 01, 2022
A new analysis of the American Petroleum Institute's (API) "10 in 2022" policy plan found that it could spur nearly $200 billion in direct investment, 225,000 jobs and production growth in natural gas, oil, carbon capture and hydrogen.
News
November 01, 2022
OPEC’s crude production held steady last month after the group pledged a symbolic cutback to stabilize market sentiment, with output up 30,000 bpd to 29.98 million barrels ahead of deeper cuts this month.
News
November 01, 2022
“Once again, the Biden Administration is calling for punitive actions against the oil and gas industry for political purposes instead of working with the energy industry to produce real solutions for our nation’s energy security," Energy Workforce CEO Leslie Beyer said in response to President Biden's latest remarks on gas prices.
News
October 31, 2022
An excess of supply in the oil market was the main reason for OPEC+ opting to cut production in October, according to the group’s secretary-general.
News
October 06, 2022
The secretary-general of APPO, the African Petroleum Producers Organization, has come out in support of the recent decision by OPEC to cut production by around 2% on the side-lines of Africa Oil Week in Cape Town.
News
July 25, 2022
TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), has announced the start of production from the Ikike field, in Nigeria.
News
July 25, 2022
The nation’s shipments to buyers have declined for five consecutive weeks, taking them down by 480,000 barrels a day, or 13%, since mid-June. That's based on a rolling four-week average that helps to provide a better picture of the trend than the observation of flows from one week to the next.
News
July 25, 2022
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said.
Article
June 2022
The invasion of Ukraine in February has burdened Russia’s exploration and production industry with a second round of constraints that have deep and far-ranging consequences.
News
June 20, 2022
Russia’s Rosneft PJSC is proceeding with its flagship Vostok Oil project in the Arctic, Chief Executive Officer Igor Sechin said, just over a week after a key partner announced it’s exiting the development over the invasion of Ukraine.
News
June 17, 2022
Energía Argentina and Tenaris signed an agreement for the supply of welded pipes for the construction of the Presidente Nestor Kirchner Gas Pipeline (GPNK) in Argentina.
News
June 17, 2022
The oil pact OPEC+ launched at the outset of the pandemic is finally nearing an end, and where the group goes from here is a politically fraught question.
News
June 17, 2022
Worley and Chevron Corporation have entered into a global master services agreement covering Chevron’s upstream, midstream, and downstream business needs.
News
June 16, 2022
The 30-minute fire at LyondellBasell Industries NV’s Houston refinery Tuesday underscored just how quickly U.S. gasoline production can fall at a time when the country is experiencing record-high prices at the pump.
News
June 15, 2022
The American Petroleum Institute released a statement from President and CEO Mike Sommers in response to a letter President Biden sent to oil refineries, with API saying shifting away from domestic oil and natural gas is a misguided policy.
News
June 15, 2022
Perenco announced it has completed the acquisition of Glencore’s corporate entities holding its entire Chad Upstream oil interests.
News
June 13, 2022
Libya’s oil production has almost fully halted as a political crisis leads to more shutdowns of ports and fields.
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