Russia's No.2 oil producer Lukoil said on Aug. 12 its average hydrocarbon production excluding the West Qurna-2 project in Iraq rose by 2.8%, year-on-year, in the first half of the year, amounting to 2.352 million barrels per day.
Oil production, excluding the project, totaled 42.6 million tonnes for the half year, up 1.3% year-on-year.
The company also said its natural gas production was 17.4 billion cubic meters in January-June, 8% higher year-on-year.
Proposed U.S. legislation known as "NOPEC" could open OPEC up to anti-trust lawsuits, which complicates plans for an OPEC+ format that would've included Russia, the country's energy minister says.
Japanese energy explorer Inpex Corp. on Feb. 12 boosted its full-year net profit forecast by 37%, citing a larger-than-expected contribution from its Ichthys liquefied natural gas (LNG) project in Australia.
Saudi Arabia plans to produce around 9.8 million barrels per day (MMbbl/d) of oil in March, Energy Minister Khalid al-Falih told the Financial Times.