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Upstream

Upstream
2016, December, 14, 18:50:00

RUSSIA WILL STUDY IRAN

Gazprom joins Lukoil PJSC and Zarubrezhneft OAO in Russia, Iran’s Oil Minister Bijan Namdar Zanganeh said in Tehran at the signing ceremony. Salbali Karimi, managing director of the Iranian Central Oil Fields Co., and Alexander Dyukov, chairman of the management board and chief executive officer of Gazprom Neft, signed the memorandum of understanding.

Upstream
2016, December, 14, 18:35:00

SHELL STARTS IN MALAYSIA

Located in waters up to 500-metres deep, Malikai is Shell’s second deep-water project in Malaysia, following the successful start-up of the Gumusut-Kakap platform in 2014. Malikai is expected to have a peak production of 60,000 barrels per day. As the company’s first TLP in the country, Malikai is an example of the strength of Shell’s global deep-water business, applying TLP expertise from decades of operations in the U.S. Gulf of Mexico.

Upstream
2016, December, 14, 18:30:00

U.S. OIL GAS PRODUCTION DOWN

December 2016 U.S. oil production will down 20 tbd, gas production will down 94 mcfd.

Upstream
2016, December, 12, 18:50:00

ОГРАНИЧЕНИЕ ДОБЫЧИ НЕФТИ

Состоялось подписание соглашения об ограничении добычи нефти между странами ОПЕК и 11 странами, не входящими в картель. Сопредседатель встречи, Министр энергетики Российской Федерации Александр Новак, выступая на итоговой пресс-конференции заявил, что общемировое сокращение добычи нефти странами ОПЕК и не входящими в картель достигнет 1,7-1,8 млн баррелей в сутки. При этом, согласно подписанному соглашению, страны, не входящие в ОПЕК берут ответственность по сокращению добычи нефти порядка 560 тыс. барр в сутки.

Upstream
2016, December, 12, 18:30:00

U.S. RIGS UP 27

U.S. Rig Count is down 85 rigs from last year's count of 709, with oil rigs down 26, gas rigs down 60, and miscellaneous rigs up 1. Canadian Rig Count is up 56 rigs from last year's count of 174, with oil rigs up 44, gas rigs up 11, and miscellaneous rigs up 1.

Upstream
2016, December, 9, 18:40:00

OPEC OIL RECORD: 33.86 MBD

OPEC crude oil production for November rose for the sixth straight month, to a record 33.86 million b/d.

Upstream
2016, December, 9, 18:35:00

IRAQ'S OIL RECORD: 4.051 MBD

Iraq’s Ministry of Oil has said that total oil exports for November have reached a record high of 4.051 million bpd.

Upstream
2016, December, 7, 18:30:00

WORLDWIDE RIG COUNT DOWN 369

The worldwide rig count for November 2016 was 1,678, up 58 from the 1,620 counted in October 2016, and down 369 from the 2,047 counted in November 2015.

Upstream
2016, December, 6, 18:40:00

IRAN - INDONESIA COLLABORATION

Indonesian companies are interested to join upstream projects in Iran's oil industry in fields like Ab Teymour and Mansouri oilfields, said Chairman of the People's Consultative Assembly (MPR) of Indonesia Zulkifli Hasan.

Upstream
2016, December, 6, 18:35:00

CHINA'S VICTORY IN MEXICO

The auction of the deepwater blocks, four in the Perdido Fold belt near the US side of the Gulf and six in the unexplored Salina basin further south, marked the culmination of the first round of auctions since Mexico enacted a sweeping reform to open a sector closed to private exploration and production for nearly 80 years.

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