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15.02.2019
Tiny Guyana could soon pump more oil than OPEC member Venezuela

Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in five years. More»
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11.02.2019
LUKOIL begins drilling new production wells at West Qurna-2

Courtesy of lukoil.ru LUKOIL commenced drilling of new production wells at West Qurna-2 field as part of the second development phase. The company has so far... More»
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04.02.2019
Azerbaijan interested in co-op with Romania in gas exploration projects

Courtesy of angi.ru Azerbaijan’s state oil company SOCAR has expressed interest in cooperation with Romania’s ROMGAZ company in... More»
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01.02.2019
Zohr Gas Output Exceeds 12 bcm in 2018

Courtesy of rosneft.com In 2018, gas output at the Zohr project, which is being developed by the consortium of Eni, Rosneft, BP, and Mubadala together with Egyptian oil and gas... More»
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31.01.2019
How OPEC is helping U.S. oil reach a tipping point

The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of OPEC ministers — from the fourth quarter, America will export more oil than... More»
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30.01.2019
Belarusian oil workers drilled another productive well in Ecuador

Courtesy of belnovosti.by Belarusian specialists continue to successfully develop the Armadillo field in Ecuador. In the week, another high-yield well was drilled here which was... More»
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22.01.2019
USA: Weekly offshore rig count drops by 2

The number of active offshore drilling rigs in the U.S. has fallen to 19 units this past week, Baker Hughes, a GE company, said in a report on Friday. More»
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18.01.2019
For the first time in 20 years in Belarus, the increase in oil reserves has reached the level of production

Belarusian oilmen achieved such a historical result in 2018. The growth of recoverable hydrocarbon reserves amounted to 1 million 673 thousand tons. More»
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15.01.2019
Gazprom Neft expands its Orenburg oil production cluster

Gazprom Neft has secured subsoil usage rights for hydrocarbon exploration, development and production at the Zapadno-Rubezhinsky, Nadezhdinsky and Kornavarinsky license blocks, in the Orenburg Oblast. More»
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14.01.2019
Rosgeo completed the first exploration stage of the Laptev Sea waters promising for hydrocarbons

Courtesy of rosgeo.com Rosgeo completed the first stage of complex regional geophysical exploration of the juncture of the Taimyr-Severozemelsk fold system with the Laptev marginal... More»
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