Drilling & production - 28 April 2016

Though domestic oil demand is expected to keep falling to 3.1 million bpd in 2017, production growth will increase from 2.5 million bpd last year to 3.4 million bpd in 2021.

Peterson has secured a long-term logistics contract with TAQA, for integrated supply base and logistics operations.

The adjustments to Ecopetrol's 2016 Investment Plan are part of the measures taken to navigate the low crude oil price environment.

The successful recompletion of well GY-671 is the first of at least six candidate wells to be targeted to boost production.

Suncor has agreed to acquire a further position in Syncrude, purchasing the 5% interest, effective April 2016.

Falcon Oil & Gas Ltd has provided the following technical and operational update for its operations in the Beetaloo Basin, Australia.

Aker Solutions has provided a summary of their financial highlights for the first quarter of 2016.