Norway’s liquids production declined in March

Norway’s preliminary production for March averaged 1.9 million b/d of oil, natural gas liquids, and condensate, marking a decrease of 46,000 b/d compared with February. Norwegian officials blamed the lower March production on technical problems on some fields. Source: News

BP, RIL sanction KG D6 gas development

BP PLC and Reliance Industries Ltd. have sanctioned the second of three integrated deepwater gas developments on Block KG D6 off eastern India. Source: News

Moitra named ONGC director (onshore)

Sanjay Kumar Moitra has been named director (onshore) of state-owned Oil & Natural Gas Corp. of India.  Source: News

Frontera confirms more oil, gas for Georgia’s Block 12

Frontera Resources Corp. has confirmed the presence of 78.8 m of combined pay interval in three target zones with the Dino-2 well, the second of a three-well campaign, at the company’s Taribani complex on the Block 12 license in Georgia. Source: News

Lukoil, Uzbekneftegaz start up Kandym gas processing complex

Russia’s privately held PJSC Lukoil and Uzbekistan’s National Holding Co. Uzbekneftegaz have commissioned their jointly owned Kandym gas processing complex in southwestern Uzbekistan’s province of Bukhara, about 520 km southwest of Tashkent.  Source: News

MARKET WATCH: NYMEX crude oil closes above $68/bbl

US light, sweet crude oil prices for May and June jumped by nearly $2/bbl on the New York market Apr. 18 to settle above $68/bbl while Brent for June delivery gained about the same in London to settle above $73/bbl. Source: News