Iraq will increase its oil production from one of its oldest oil fields in the south by 20.000b/d. Deputy Petroleum Minister for Exploration and Production, Karim Hattab, said that production capacity from the Leheils...
Libya’s Sharara and Wafa fields have stopped producing for the second time just one week after a previous shutdown, Reuters reported. According to Libya Herald, The fields were shut down due to an attack from an...
Islamic State militants set fire to four oil wells in Qayyara, south of Mosul before abandoning the city in mid August, according to Reuters. The first images captured by NASA, showed black smoke pluming south of Mosu...
Tunisia’s oil production decreased by 8.6% to 9.48m barrels in mid July 2016, while that of natural gas fell from 12.8% to slightly over 1.2mcm, in the given period, Tap reported. The Tunisian Energy and Mining ...
US oil and gas major Chevron put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3, would be the biggest deal involving Myanmar assets to date, financial sources familiar wi...
WEG, a leading global manufacturer of motor and drive technology has developed variable speed drive systems to help with extraction activities from some of Oman’s older gas fields where the natural pressure is beginni...
Russia’s oil output hits post-Soviet record with 10.73mb/d in 2015, up from 10.58mb/d in 2014, as small- and medium-sized energy companies such as Bashneft cranked up the pumps despite falling crude prices, repo...
Libya’s National Oil Corp. (NOC) has formed a special committee to accelerate talks with protesters that may lead to reopening of El Sharara and El Feel oilfields, Reuters reported. The committee is to discuss r...
The Media Office of Zuetina Oil Company has reported that the company has vacated all its employees from oilfield No. 74. In the statement, the Media Office reported that the company ”assures that it has vacated all t...
The Libyan national oil company declared 11 oil fields nonoperational because of “theft, looting, sabotage and destruction” by “unidentified armed groups,” the company said in a statement late Wednesday. Libyan offici...