Search for oil production

24.02.2014 Azerbaijan to increase oil production in 2014 - minister

Azerbaijan is planning to increase its oil production in 2014, Energy Minister Natig Aliyev said, Azernews reported on February 22. He added that Azerbaijan is predicted to extract 43 million tons of oil in 2014.

19.02.2014 Russia’s Rosneft, Lukoil, Gazprom Neft increase oil production in January

Russia’s state-run Rosneft produced in January 17.36 million tonnes of oil, having showed a growth by 1.2 percent year-on-year, the Central Dispatch Service reports, Itar-Tass reported on February 19.

19.02.2014 Russian oil production grows, export down in January

In January of the current year, Russia increased oil production by 1.6 percent year-on-year to 44.903 million tonnes, the fuel and energy complex's Central Dispatch Service reports, Itar-Tass reported on February 19.

17.02.2014 OPEC says Azerbaijan's oil production to rise slightly in 2014

The Organization of Petroleum Exporting Countries (OPEC) has predicted that Azerbaijan's oil production will slightly increase by 10,000 barrels per day (bpd) to 0.88 million bpd in 2014, Azernews reported on February 15.

17.02.2014 Norway’s oil production up 6% year on year in January

Preliminary production figures for January 2014 indicate an average daily production of about 1 948 000 barrels of oil, NGL and condensate, the Norwegian Petroleum Directorate reported on February 14. This is almost the same as in December 2013.

12.02.2014 Libya increases oil production

The Ministry of Oil and Gas has announced that oil production has risen to 600,000 barrels per day, up from 478,329 b/d posted on 2 February, Libya Herald reported on February 11.

10.02.2014 Russia’s Surgutneftegaz increases oil production at Bazhenov by 60% in 2013

Surgutneftegaz in 2013 increased oil production at the Bazhenov formation by more than 60% to 548,000 tons, Surgutneftegaz’s chief geologist Vyacheslav Chirkov has told a meeting at the natural resources ministry.

10.02.2014 Belarus’s Belneftekhim boosts foreign trade in 2013

In 2013 the Belarusian state petrochemical concern Belneftekhim raised its merchandise trade surplus to $5.627 billion, BelTA reported on February 7.

07.02.2014 Russia’s Tatneft oil production up 0.6% year on year in January

The amount of 2,221,896 tons of crude oil or 100.6 percent versus January 2013 was produced at Tatneft, its press service said on February 6. The new drilling penetration in January of 2014 amounted to 31.5 thousand meters (44.3 thousand meters in 2013).

06.02.2014 US House Democrats question lifting oil export ban

House Democrats called for hearings to assess whether lifting a crude oil export ban would lead to lower energy prices, UPI reported on February 5.