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Arctic oil production more than doubled, Russia says![]() ![]() Moscow (UPI) Jan 30, 2017 Russian oil company Gazprom Neft said its production from a field in Arctic waters more than doubled from levels reported in 2015. The company said total production from the Prirazlomnaya oil field in the Russian waters above the Arctic Circle totaled 15.7 million barrels for full-year 2016, an increase from the 5.8 million recorded the previous year. Prirazlomnoye is the first and only field in production in the Russian Arctic. Commercial oil production started in late 2013 and the firs ... read more |
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![]() Even as the Trump administration threatened to tighten U.S.-Mexican trade policy, an Energy Department review said Mexico will remain a top fuel export market. ... more ![]() ![]() Crude oil prices started Monday in weak rally mode amid a tug-of-war in a market characterized by competing supply narratives. ... more ![]() ![]() U.S. and Canadian trade groups said building the Keystone XL oil pipeline to southern U.S. ports was critical for the region's energy infrastructure. ... more ![]() ![]() State-backed media in Iran reported Friday that the country has started shipments of an ultra-light form of oil to the Japanese market. ... more |
Previous Issues | Jan 30 | Jan 28 | Jan 27 | Jan 26 | Jan 25 |
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![]() Transparency is a top priority for a Lebanese government looking to bring bidders back to its offshore oil and gas reserves, the energy minister said. ... more ![]() ![]() Australian energy company Melbana said Monday it was anticipating drilling success closer to home in New Zealand while keeping its eye on Cuban reserves. ... more ![]() ![]() The Norwegian government signed off on plans for appraisals of one of the larger oil fields in its territorial waters, Edvard Grieg ... more ![]() ![]() An energy company with a sole focus on gas in Papua New Guinea said it was urging its shareholders to vote in favor of a merger with Exxon Mobil. ... more ![]() ![]() Enbridge Energy Partners said it expects its near-term profitability to remain within guidance, but external pressures mean a strategic review is necessary. ... more |
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![]() ![]() DNV GL: Modest optimism for energy year ahead ![]() ![]() Libya plans to start opening the doors to foreign investors that may be ready to step back into the country's oil sector, a national oil company announced. ... more ![]() ![]() Though production was lower during the fourth quarter, U.S. energy company Hess Corp. said 2017 was evolving so far as a year of transformation. ... more |
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