24-07-2011 11:00
Iraq began pumping crude Saturday through a pipeline connecting the central Al-Ahdab oil field to export terminals in the south, Deputy Prime Minister Hussein al-Shahristani said, adding that exports would begin August 1.
06-07-2011 18:02
The Vietnam National Oil and Gas Group (PetroVietnam) will exploit five more oil fields in order to meet the yearly target of 23 million tonnes of oil for this year, said general director Phung Dinh Thuc.
26-05-2011 09:24
PetroVietnam Exploration Production Corporation (PVEP) and Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Hanoi branch has signed a $200 million loan for the oil field project, Lot 05-1(a).
15-04-2011 00:56
Shell has resumed production at its Bonga oil field off the coast of Nigeria after shutting the 200,000 barrel-per-day facility in February for maintenance, the company said Thursday.
28-03-2011 12:53
Oil fields in rebel-held territory in Libya are producing between 100,000 and 130,000 barrels a day, and the opposition plans to begin exporting oil "in less than a week", a rebel representative said on Sunday.
28-09-2004 17:42
South Korean oil corporation KNOC is to invest another $600 million to develop separate oil field and pipeline projects off the coast of Vung Tau in southern Vietnam.