CNOOC Starts Production at Huizhou 26-6 Oilfield Development Project

• Tuesday, 3rd December 2024
• by Doaa Ashraf

CNOOC has commenced production at Huizhou 26-6 Oilfield Development Project in the Peral River Mouth Basin. A total of 19 development wells are planned to be commissioned, including two oil production wells and 17 gas...

Saudi Arabia to Cut Light Crude Prices to Asia

• Sunday, 2nd April 2017
• by Editorial Team

Saudi Arabia, the biggest oil producer within the members of the Organization of Petroleum Exporting Countries (OPEC), mulls cutting its official selling price (OSP) for light crude oil exported to Asia in May, Reuter...

Iran Oil Exports to Sri Lanka in the Offing

• Tuesday, 17th November 2015
• by Egypt Oil & Gas

Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says, reported Press TV. Javadi said Iran is ready to resume sales...

Iran Discovers Large Light Crude Oilfield

• Thursday, 19th April 2012
• by Egypt Oil & Gas

A huge light crude oilfield with considerable reserves has been discovered in southwest Iran, the Mehr News Agency reported on Wednesday. The newly-discovered field must be considered among one of the biggest light cr...