iraq begins pumping through al ahdab oil pipeline

Iraq begins pumping through Al-Ahdab oil pipeline

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.
petrovietnam puts more oil fields into operation

PetroVietnam puts more oil fields into operation

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.
200 mln for dai hung oil field development

$200 mln for Dai Hung oil field development

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).
shell restarts production at major oil field off nigeria

Shell restarts production at major oil field off Nigeria

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.
libya rebels to start oil exports in less than a week

Libya rebels to start oil exports 'in less than a week'

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.
vietsovpetro taps 190 millionth tonne of oils

Vietsovpetro taps 190 millionth tonne of oils

KNOC sinks $600m into oil projects

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.