Russia makes $17.1bln from oil exports in August
Russian exports of oil rose in the month of August to reach a value of $17.1 billion, said the International Energy…
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oil production
OPEC+ panel keeps oil output policy unchanged
The OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
Emirati Dragon Oil to increase oil production in Egypt by 27%
Emirati Dragon Oil is set to increase its oil production in Egypt by 27 percent to 70,000 barrels a day in October,…
Clean energy investment to surpass oil productions – report
A new report published on Thursday by the International Energy Agency (IEA) revealed clean energy investment is…
Gold mines produce more emissions than Africa’s largest oil country
Gold mines consume around 11 percent of global energy, resulting in annual carbon dioxide emissions of around 126.4…
Russian Lukoil to produce 250k barrels/day from Iraq’s Eridu field
Lukoil Company, the second largest oil production company in Russia, said on Monday that it will produce 250,000…
OPEC, OPEC+ agree to historic 10 million barrel/day production cut amid coronavirus impact
OPEC and its allies, known as OPEC+, have agreed on Thursday to historic production cuts that will take 10 million…
Iran reduces oil production projects on lack of funds
Iran has had to reduce oil production projects on a lack of funds and a drop in income from oil exports, Oil…
OPEC, Russia may extend oil production cuts through midyear
OPEC and Russia are expected to extend their oil production deal at least through midyear. However, if they were to…
OPEC to extend oil production curbs as meeting starts in Vienna
Ahead of a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies in Vienna, the…