Tag: oil production

OMV Petrom’s daily hydrocarbon output dropped by 6 % in Q3 2019 – Romania, 09 October 2019

The largest Romanian oil and gas company OMV Petrom, a subsidiary of Austrian OMV Group, said that its oil and gas output in the third quarter of 2019 amounted to 150,000 barrels of oil equivalent per day, which is 6.25 % lower compared to the same period last year. Q3 hydrocarbon output dropped by Full […]

Turkey started crude oil production by fracking – Turkey, 05 October 2019

Turkish President Recep Tayyip Erdogan said that Turkey has started producing crude oil by using hydraulic fracturing method, also known as fracking. President Erdogan said that the commercial crude oil production by using the method is a first for Turkey, and it takes place in the southeastern Full article available for subscribers of Energy NEWS […]

Turkey reached 20-year high in domestic crude oil production – Turkey, 17 September 2019

Turkish Minister of Energy and Natural Resources announced that Turkish Petroleum (TPAO) surpassed 50,000 barrels per day in domestic crude oil production, the highest production capacity in the last 20 years. Minister Donmez reminded that in 2018, daily domestic production was 42,330 barrels, st Full article available for subscribers of Energy NEWS service (PDF publications, […]