Abu Dhabi’s crude oil production registered around 1.097 billion barrels in 2018, which is an increase of 1.4% compared to 1.081 billion barrels in 2017, according to statistics issued by Abu Dhabi’s Statistics Center...
Egypt’s petroleum sector is planning to boost crude oil production by 40,000-50,000 barrels per day (b/d) during the fiscal year (FY) 2019-20, an official source in the Egyptian General Petroleum Corporation (EGPC) to...
The Organization of Petroleum Exporting Countries(OPEC) announced last week that Nigeria’s crude oil production increased by 274,000b/d in April, Premium Times reported. According to Naija247 News, OPEC said that the ...
Nigeria’s crude oil production has increased from 1.2mb/d to 2mb/d, according to All Africa. As informed on Premium Times, Nigerian National Petroleum Corporation’s (NNPC) Managing Director, Maikanti Baru,...
The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) is to back the newly-developed oil contracts model, Trade Arabia informed. Head of the TCCIMA’s Energy Committee, Mansour Mo’azzam...
Resistance Economy Headquarters, a top government economic advisory body, approved Iran’s new oil and gas contracts after some amendments had been done. According to Trade Arabia, the final draft for the contrac...
EGPC plans to start crude oil production in South Iraq’s “9” zone by the beginning of 2016. EGPC has a 10% stake of Kuwait Energy in the privileged area. EGPC CEO Tarek El Molla said in a statement that the Basra res...