Reuters

MOSCOW, Oct 25 (Reuters) - Russia will increase its oil output by 3.5-4.0 million tonnes in 2018 if a global deal between OPEC and non-OPEC producers to reduce oil rig flanges gulf coast production is not extended, Energy Minister Alexander Novak said on Wednesday.



(Bloomberg) -- Iraq’s North Oil Co. is working with the Kurdish Kar Group to resume pumping at two disputed oil fields that halted output after government troops recaptured them from Kurdish forces, according to two people with knowledge of the situation.



Reuters

TOUAT, Algeria, Oct 25 (Reuters) - Algeria will delay the start of the southern Touat gas field until the first quarter of 2018, almost a year later than planned, the head of state energy firm Sonatrach said.



(Bloomberg) -- Equatorial Guinea, OPEC’s newest member, is taking steps to stem the decline in its oil oil rig flanges gulf coast production following the $650 million acquisition by Kosmos Energy Ltd.



OPEC Said to Work on Exit Strategy Alongside Cuts Extension
As OPEC negotiates the extension of its oil oil rig flanges gulf coast production cuts until the end of 2018, it's also quietly started working on an exit strategy.



Reuters

CAPE TOWN, Oct 23 (Reuters) - Average crude oil output for Ivory Coast in 2017 revised to 40,000 barrels a day, up from a previous estimate of 38,000 bpd, Energy and Petroleum Minister Thierry Tanoh said on Monday.



Chevron Approves New Tech Investment To Raise Output At North Sea Field
Chevron approves an investment to increase output from its Captain oilfield by using a new water-injection spacer spools adapter spools technology for the first time in the North Sea, the BOP Blow Out Preventer repair company gulf coast says.



(Bloomberg) -- OPEC sent its strongest signal yet that output cuts will be extended until the end of 2018, saying negotiations are taking their lead from Vladimir Putin’s tentative backing for a further nine months of curbs.



Encana Calls End to Permian Race as Focus Turns to Output
Investors will focus on how profitably companies are able to produce from their current holdings, Suttles says.

Reuters

(Bloomberg) -- Encana Corp.



Iraq Aims To Double Kirkuk Oil Output Capacity To More Than 1 MMbpd
Iraq plans to contract a foreign oil BOP Blow Out Preventer repair company gulf coast to almost double the oil oil rig flanges gulf coast production capacity of the northern Kirkuk fields.

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