Organization of the Petroleum Exporting Countries’ (OPEC) oil production rose 0.4 per cent in July 2014 from a month earlier, according to a survey
Exploration & Production
Lukoil’s crude carrier to receive oil from Iraqi oilfield
Russian oil major Lukoil’s international marketing and trading arm Litasco has chartered a crude carrier to receive the first batch of oil extracted from the West Qurna-2 oilfield in Iraq
Maxim Resources given authorisation to explore Moroccan block
Maxim Resources has been granted the Reconnaissance Concession Authorization for the Hassi Berkane Block in Morocco
Taza-2 well reaches planned depth in Kurdistan Region of Iraq
Oil Search Limited has announced that its Taza-2 oilwell in Kurdistan Region of Iraq has reached a total planned depth of 4,200 metres
Shell pulls out of Qatar gas well
Royal Dutch Shell has pulled out of gas exploration plans in Qatar’s Block D, after initial drilling at its majority-owned QSD-1 well failed to produce commercial volumes, it announced last week