Compliance | Egypt Oil & Gas

OPEC+ Compliance Reaches 95% in July

Compliance with the Organization of the Petroleum Exporting Countries and allies’ (OPEC+) oil cuts has been assessed to be at a range of 95%-97% in July as demand shows signs of recovery.

Kazakhstan to Compensate for May Overproduction 

Kazakshtan’s Energy Minister, Nurlan Nogayev, has confirmed that Kazakhstan will offset overproduction in May by lowering output in August and September.

OPEC Agrees to Prolong Record Oil Production Cuts to July

The Organization of the Petroleum Exporting Countries (OPEC) has agreed to extend record oil production cuts until the end of July.

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