Kuwait oil minister moves to ensure oil output is not disrupted
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Posted inNews
Dragon Oil’s daily production up 9.1% in 12 months
Average daily production in December 2013 was approximately 72,900 bpd
Posted inNews
Saudi former oil minister’s consultancy to close
London-based Centre for Global Energy Studies will close on March 31
Posted inNews
Frozen funds from sale of Iran’s oil begin to flow
Iran received an initial payment from Japan of $550m.
Posted inNews
Masirah Oil strikes oil in Block 50 Oman
Hydrocarbons found at depths of less than 3000 meters in Cambrian
Posted inNews
Iranian-Russian oil-for-goods swap deal on hold
The US has raised objections to the proposed deal.
Posted inProducts & Services
Total to sell 15% stake in Angolan oil block
The block is being sold for $750 million
Posted inProducts & Services
Collabro wins contract with Maersk Oil Qatar
The agreement is worth in the region of $751.300
Posted inNews
Oil leak at South Korea’s southern port
A cracked pipeline was responsible for the small leak in South Korea.
Posted inNews
Lukoil announces 400,000 bpd target for West Qurna
Production at West Qurna-2 is expected to hit 1.2mbpd once complete.