oilfield

Libya’s National Oil Corporation said on Friday that recent oilfield closures have caused the loss of approximately 63 percent of the country’s total oil production, as a conflict between rival eastern and western factions continues. The…
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China’s CNOOC Ltd. has made a major oilfield discovery in the Bohai Sea, adding over 100 million tonnes of oil equivalent proved in-place volume, the state-owned oil and gas giant said on Monday. The discovery was made at the Qinhuangdao…
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Production at Libya’s largest oil field was suspended Sunday, the country’s state-run oil company said, after protesters forced the facility to close over fuel shortages. The National Oil Corp. declared force majeure at the Sharara oil…
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Iran and Oman have agreed to form a committee to jointly develop the Hengam oilfield, which straddles both countries’ sea border, Iran’s semi-official Fars news agency reported its oil minister Javad Owji as saying on Monday. In 2005,…
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Oil production at Kazakhstan's top field Tengiz was reduced on Thursday, its operator Chevron said, as some contractors disrupted train lines in support of protests taking place across the central Asian country. Demonstrations in the…
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