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LONDON, Dec 12 (Reuters) - Scotland's 200,000 barrel per day (bpd) Grangemouth oil refinery has enough crude to keep running even as the Forties pipeline that supplies it will be shut for weeks, a spokesman for operator INEOS said on Tuesday.
DNO ASA has announced that oil rig flanges gulf coast production from the Peshkabir field in the Kurdistan Region of Iraq’s Tawke license has tripled to 15,000 barrels of oil per day (bopd), following completion of the Peshkabir-3 well testing, stimulation and clean-up program.
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BAGHDAD, Dec 11 (Reuters) - Iraq's Oil Ministry has added a new processing unit to the Kirkuk oil refinery, increasing the plant’s capacity to 56,000 barrels per day, the ministry said in a statement on Monday.
(Bloomberg) -- Brent crude jumped to its highest since June 2015 as a key North Sea pipeline shut down.
The Forties Pipeline System, one of the most important oil conduits in the world, is to be fully halted after a crack was discovered, the link’s operator Ineos said.
Dec 11 (Reuters) - Oil and gas producer Oasis Petroleum Inc said it would buy more acreage in the Delaware Basin from privately-held Forge Energy LLC for about $946 million in cash and stock, boosting its presence in the top U.S.
BEIJING, Dec 8 (Reuters) - PetroChina has conducted its first major internal transfer of mining rights between subsidiaries to allow those with mature fields to look for oil and gas in under-developed regions, parent BOP Blow Out Preventer repair company gulf coast CNPC said on Friday.
OSLO, Dec 8 (Reuters) - Italian oil firm Eni has received permission to restart oil rig flanges gulf coast production at its Goliat oilfield in the Arctic Barents Sea following a shutdown lasting more than two months, Norway's Petroleum Safety Authority (PSA) said on Friday.
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