oil production | Egypt Oil & Gas - Part 28
Saudi Crude Exports Decline from December Peak
Opec heavyweight Saudi Arabia's crude oil exports dropped in December by 362,000 b/d to 6.934 million b/d from 7.296 million b/d in the previous month, official data showed on Wednesday.
Khamenei Lashes Out at Sanctions, Threatens Export Response
Iran’s Ayatollah Ali Khamenei warned that the OPEC member will stop exporting oil and natural gas if international sanctions against it stay in place, the official IRNA news agency reported, citing a speech he made i ...
Oil Prices Rise as Signs Companies Cut Production
Oil rose again Tuesday as oil giant BP announced plans to cut exploration spending, another sign that the recent plunge in prices will lead to cuts in global production.
Rival Minister: Libya Producing 363,000 b/d of Oil
The United Nations and Western powers do not recognize the administration which controls ministries in Tripoli.
Jericho Further Invests in Oklahoma
Jericho Oil Corporation announced it signed a letter of intent to purchase a 50 percent working interest in 2,050 acres of land in Oklahoma, according to a press release. The new land will bring Jericho's acreage up ...
ExxonMobil Begins Production in Far East Russia
Exxon Mobil Corporation (NYSE:XOM) announced today that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed.
Record Output from Offshore Thailand Oilfield
Oil production from the Salamander Energy-operated Bualuang field in the Gulf of Thailand averaged 15,000 b/d during the second half of 2014.
Petrobras Falls Short of Oil Production Target
Brazil's state-run oil company says it failed to reach its year-end production target even though its daily oil output increased 5.3 percent in 2014.
