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Category: Production

News / Production

Saudis cover Asian refinery orders as oil output ramps up

By Sharon Cho, Alfred Cang and Debjit Chakraborty on 4/12/2021 Saudi Aramco drilling crew (Bloomberg) –Saudi Arabia will supply all the crude oil that was requested by India’s state-owned refiners …

News / Production

U.S. keeps Dakota Access Pipeline open during environmental review

By Ellen Gilmer and Ari Natter on 4/10/2021 Dakota Access Pipeline during the construction phase WASHINGTON (Bloomberg) –The Dakota Access pipeline that’s been at the center of a years-long battle …

News / Production

Total expected to proceed with $5.1 billion Uganda oil project

By Paul Burkhardt on 4/9/2021 The Uganda project is just one of many Total operations in sub-Saharan Africa. (Bloomberg) –Total SE’s likely decision to proceed with a $5.1 billion Ugandan …

News / Production

Shell reports first profit from upstream operations since pandemic began

By Laura Hurst on 4/7/2021 Shell FPSO, offshore Nigeria LONDON (Bloomberg) –Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of …

News / Production

Russian oil production rose in March under higher OPEC quota

By Olga Tanas and Dina Khrennikova on 4/4/2021 Russian drilling crew MOSCOW (Bloomberg) –Russia increased its oil production in March amid a more generous OPEC+ quota, even as rising coronavirus …

News / Production

PetroChina’s $37B capex budget makes it the world’s most active oil company

By Dan Murtaugh and Krystal Chia on 3/26/2021 PetroChina crew (Bloomberg) –China’s fear of dependence on foreign suppliers means its biggest oil company plans to be the world’s top-spending driller …

News / Production

Efficiency of coiled tubing well interventions increased by hybrid electro-optical technology

A noise-immune hybrid electro-optical technology enables reliable real-time downhole data transmission and continuous electrical power delivery for coiled tubing operations. The result is improved efficiency in conventional CT applications and …

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MKL Supply Features

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