Production News
Rigzone.com: Production News
The latest oil and gas news from around the world.
85 Percent of US GOM Oil Output Offline
The BSEE has estimated that, as of Thursday, approximately 84.8 percent of the current oil production in the U.S. Gulf of Mexico has been shut-in.
Read moreRepsol Seeks Contract for Canadian Crude
The Spanish company has typically sourced heavy crude supplies from Latin America and has been the biggest buyer of Mexican crude in 2020.
Read moreBiden Win Could Create Iran Headache for OPEC
For fragile oil markets, the outcome of next week's US election poses yet another risk: the prospect that major producer Iran may regain its role in international trade.
Read moreThe Latest on the Resurgence of Libya's Oil Sector
Libya's energy industry reached a milestone over the past week with the reopening of the last of its oil fields and ports following a truce in a years-long civil war.
Read moreZeta Almost Halves US GOM Oil Output
Around 49.45 percent of oil production in the U.S. Gulf of Mexico has been shut-in due to Tropical Storm Zeta.
Read moreZeta Knocks Out 16 Percent of US GOM Oil Production
Almost 16 percent of oil production and six percent of gas production in the U.S. Gulf of Mexico has been shut in as a result of Tropical Storm Zeta.
Read moreBP Achieves First Gas from Offshore Egypt Field
The Qattameya field is tied back to existing Ha’py and Tuart infrastructure. PHOTO SOURCE: BP
Read moreLibya Reopens Last Major Oil Field
Libya is set to restart the last of its major oil fields following a ceasefire in its civil war.
Read moreAlberta Ends Oil Sands Production Experiment
Alberta's two-year experiment with OPEC-style crude production curbs is coming to an end.
Read moreNigeria Crude Continues to Flow Amid Unrest
Escalating tensions sweeping through Nigeria haven't yet disrupted crude flows from Africa's biggest oil producer in any meaningful way.
Read morePutin Signals Openness to Delaying OPEC+ Output Hike
It's the latest sign the alliance could restrain crude output for longer.
Read moreTerrorists Strike Near Tanzania Gas Fields
Islamic State claimed the Oct. 14 attack, according to an organization that monitors jihadist activity.
Read moreOPEC+ Taper Delay Now the Base Case
Analysts at Standard Chartered have revealed that a delay in the tapering of OPEC+ cuts is now their base case.
Read moreCan Libya Sustain Its Oil Comeback?
After years of setbacks and false starts, Libya is back in the oil game.
Read moreFluor Unit Wins Peru Pipeline Contract
Fluor's Stork subsidiary will provide pipeline maintenance services under a consortium. PHOTO SOURCE: BusinessWire
Read moreOfficial Says Russia to Wait on OPEC+ Decision
Russia won't be making any decisions about the future of OPEC+'s production cuts before next month's meeting.
Read moreTalos Achieves First Oil in Green Canyon Field
The Bulleit field in the Green Canyon area of the Gulf of Mexico produced first oil last week.
Read moreCould Gas Be the New Coal Under Biden?
Biden contends he would not ban hydraulic fracturing, but his energy plan aims to edge natural gas out of the power mix.
Read moreOPEC+ Kingpins Try to Sell Obedience
Rigzone panelists offer their views on what to watch in the oil and gas markets this week.
Read moreLibya Oil Output Reaches 500K Bpd
Libya's daily oil production has risen to around 500,000 barrels, according to people familiar with the situation.
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