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Australia's Woodside Petroleum said on Monday it had evacuated all personnel from offshore production platforms off Western Australia ahead of…
The two biggest U.S. oil companies Chevron and ExxonMobil plan to significantly ramp up production in the US shale heartland…
Tuesday, 19 March 2019 04:32

Petrobras P-77 FPSO Starts Production

Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday it had started production at its P-77 platform, its fourth…
Thursday, 14 March 2019 16:39

U.S. Natural Gas Production Sets New Record

According to the U.S. Energy Information Agency (EIA), US natural gas production registered an increase by 10.0 billion cubic feet…
British oil and gas production rose 4 percent to 1.7 million barrels of oil equivalent per day in 2018 compared…
Thursday, 07 March 2019 02:57

Norway Production Costs Rising

Petroleum production costs on the Norwegian continental shelf rose in 2018 after falling for three consecutive years, state-owned oil firm…
Oman’s gas production levels are set to surpass oil by 2023 thanks to an impressive surge in the development of…
Sunday, 03 March 2019 17:06

US Shale Firms Cut CapEx, Up Production

U.S. shale energy companies are cutting their spending levels in 2019, but they're still planning on increased oil and gas…
Monday, 18 February 2019 18:34

2021 to See 33 More FPSOs

A total of 33 floating production, storage and offloading (FPSO) vessels will be sanctioned between now and 2021 as oil…
Friday, 15 February 2019 02:53

US Oil Rallies as Exporters Trim Production

U.S. oil prices rose on Friday, gaining for a fourth day on hopes of further supply cuts by major exporters,…
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