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Crude oil production
UAE Squares Opec Commitments, Capacity Growth Plans
There is no contradiction between Abu Dhabi's efforts to boosts its production capacity and the UAE's membership of Opec, minister of energy Suhail al-Mazrouei …
OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021
U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses
Cambodia Prepares To Produce Its First Oil
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.
Cambodia Starts First Crude Oil Production After Years of Delays
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both…
India's Crude Oil Production Slips 5 pc in November
Crude oil production in November at 2.48 million tonnes was lower than 2.61 million tonnes produced in the same month a year back
OMAN: November Crude Oil Production Slightly Exceeds OPEC+ Quota
China is by far the largest importer of Omani crude.
Oil & Gas Trade
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
Under the increased pressure from the United States, the companies classifying ships are asked to check if vessels have participated in shipments to Venezuela.
Libya Oil Output Hits 800,000 Bpd
Libya’s crude oil production has reached 800,000 bpd.
Daily Crude Oil Production Hits over 718K Barrels in the Sultanate
The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20…
Venezuela Prepares To Boost Oil Production With Iranian Help
Venezuela is preparing to ramp up its crude oil production using diluents imported from Iran, citing unnamed sources and company documents.
EIA: OPEC+ Crude Oil Production Increased in August
Both OPEC and non-OPEC partner countries increased their crude oil production in August.
Mexico CoMexico Could Be Forced To Cut Oil Production Target For 2021
Mexico will likely cut its crude oil production targets for next year, citing a ruling party lawmaker in Mexico.
Yemen Aims to Raise Oil Output 25 % within Months
Yemen aims to raise its crude oil production by 25% to 75,000 barrels per day in the coming months.
OPEC+ Delivers 85% Compliance on Oil Output Cuts in May: S&P Global Platts Survey
OPEC and its allies slashed almost one-fifth of their crude oil production in May.
Oil & Gas Trade
Saudi Arabia Announces Additional Voluntary Reduction of Crude Oil Production
Saudi newspapers highlighted in their editorials today a number of issues at local, regional, and international arenas.