Drilling & production - 05 January 2011

Petrobras has revealed that in December it reached three new records in Brazil for monthly, annual and daily oil production averages.

Wood Mackenzie study shows path to job growth and more government revenue is through increased access to oil and gas reserves.

Statoil will have the Snøhvit LNG plant back up to full capacity by the end of January after it was forced to shut down on 20 December due to a technical fault.

Iraq has agreed to build an oil pipeline to Jordan to increase the supply of crude oil.