Production News
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Russia's London-listed Nord Gold N.V, the gold producing company, said Friday its first-quarter net profit was down 30% on a year due to lower output, but it expects a strong second half. |
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Iraq may be forced to cut its ambitious oil production targets by as much as 40%, despite recently boosting output to pre-Gulf War levels, a senior Royal Dutch Shell PLC executive said Thursday. |
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BG Group today announced another key project delivery milestone for 2012 with the first phase of development at the Margarita gas field in Bolivia now on-stream. |
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Origin Energy Limited (Origin) today released the Quarterly Production Report for its Exploration and Production business for the quarter to 31 March 2012, reporting production of 31 petajoules equivalent (PJe) and sales of $203 million. |
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Brazilian independent driller OGX Petroleo e Gas Participacoes SA said Wednesday that it declared the Waikiki oil field commercial, the company's first commercial declaration of an offshore oil discovery. |
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Newcrest Mining Ltd., Australia's largest gold producer, cut its output target for this financial year Tuesday after heavy rains hit some operations and major projects struggled. |
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Total and the partners of the Bongkot Joint Venture announce the start of the production from the Greater Bongkot South (GBS) gas and condensate field in the Gulf of Thailand. The Joint Venture is operated by PTTEP (44.45%), alongside partners Total (33.33%) and BG Group (22.22%). |
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BG Group today announced the start of production from the Greater Bongkot South field in the Gulf of Thailand, approximately 200 kilometres east of the city of Songkhla in southern Thailand. |
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Iraq will start crude oil loading from a new floating terminal in Basra Friday, the second the country has started operating within a month and a half, which will boost export capacity by another 800,000 to 900,000 barrels a day, a senior Iraqi oil official said. |
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Mining companies in Peru are expected to post mixed results for the first quarter of 2012, with some firms impacted by lower metal prices and others benefiting from higher output, brokerage Inteligo SAB said |