BREAKING: OPEC reaches agreement to cut oil production to 32.5 million barrels/day
OPEC has reached a deal amongst all 14 member countries to cut oil production to 32.5 million barrels a day for the…
Browsing Tag
oil production
OPEC oil production surge to record highs in September; says IEA
OPEC's oil production surged to record highs in September, a top energy watchdog said on Tuesday, underscoring the…
Russia’s Rosneft chief Sechin says no to OPEC oil cut or freeze
Igor Sechin, Russia's most influential oil executive and the head of Kremlin energy giant Rosneft, said his company…
Saudi Arabia-Iran rivalry the stumbling block for an oil deal, analysts say
Longstanding tensions between Middle Eastern rivals Saudi Arabia and Iran will hold OPEC back from an oil…
Kuwait Energy says heralds oil production from Al Jahra SE-1X in Egypt
Kuwait Energy plc (Kuwait Energy) announced Monday the start of oil production from Al Jahra SE-1X exploration well…
Russia’s history of working with OPEC to cut oil production is awful
Prices for oil have surged over the past four trading sessions in a row, partially fueled by comments from Russia,…
EGAS: Ongoing Talks with Foreign Firms to Boost Egypt’s Oil Production
State-run Egyptian Natural Gas Holding Company (EGAS) is negotiating with largest international firms in Egypt to…
Update: 4 European Oil Firms Withdraw Staff from Egypt Amid Unrest
Europe’s biggest oil companies have withdrawn some staff from Egypt as supporters of ousted President Mohamed Morsi…
Sudan Expects To Double Oil Production In Next 2 Yrs: Minister
Sudan expects to double its oil production in the next two years, to 300,000 barrels per day, as it steps up oil…
Mubadala to develop Thai Oil Field
Mubadala Petroleum and its co-concessionaires have approved the development of the Manora field in Concession G1/48…