Woodside acting chief executive officer (CEO) Meg O’Neill said higher realised prices in the second quarter of 2021 has helped underpin a 15 per cent rise is sales revenue compared with the first three months of the year.
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BP set to expand from oil
BP plans to reshape its business by pivoting from an international oil production company into an integrated energy company focussed on delivering solutions for customers.
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Shell revises second quarter outlook
Shell has provided an update on its second quarter 2020 outlook, with gas production expected to be between 880 and 910 thousand barrels of oil equivalent per day across the company’s global operations.
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EnergyQuest predicts COVID-19 impact to worsen
More than a month since oil was seen to briefly hit negative territory, the global gas market remains oversupplied, according to EnergyQuest.
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Bass production slumps following water cuts
Bass Oil has recorded a drop in production in Indonesia during the first quarter of 2020 with 35,467 barrels of oil, a 21.4 per cent decrease compared to the previous quarter. The company reported that
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Senex hits 268% production increase at Atlas
Senex Energy has recorded a 31 per cent increase in oil and gas production during its March 2020 quarter compared with the prior quarter.
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OPEC, oil nations agree to biggest production cut
The Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producing countries have agreed to cut almost 10 million barrels per day (mb/d) in oil production.
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OPEC, allies to execute record oil production cut
The Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producing countries have agreed to cut almost 10 million barrels per day (mb/d) in oil production. The agreement will see
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Triangle production rates at Cliff Head back on track
Triangle Energy has confirmed production at Cliff Head in Western Australia has returned to a steady state at an average of 970 barrels of oil per day after an electrical fault in March. In addition, Triangle
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Buru, Roc move forward with Ungani production
Buru Energy has reported that production will continue at the Ungani oilfield joint venture in the Canning Basin, Western Australia, with the next lifting scheduled for mid-May. The company stated that
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