Nigeria’s Crude Oil Output Decreased to 1.6mb/d

• Tuesday, 11th April 2017
• by

Nigeria’s average daily crude oil and condensate production decreased from the 2mb/d recorded February production to be 1.6mb/d in March.

Iraq to Increase Oil Output

• Monday, 10th April 2017
• by Editorial Team

Iraq plans to increase crude oil production to 5mb/d.

China to Increase Oil Imports from West Africa

• Sunday, 9th April 2017
• by

Angola and Nigeria will export crude oil to China at the rate of 1.48mb/d in April, which is considered the highest rate since August 2011.

Iran Sells All Floating Storage Barrels

• Thursday, 6th April 2017
• by Editorial Team

According to tanker tracking and oil sources, Iran sold the last stocks from its floating storage in the past two weeks.

Iran Exports 3.05mb/d of Oil and Condensates

• Wednesday, 5th April 2017
• by Editorial Team

Iran's crude oil and condensate exports reached 3.05mb/d in the last Persian month, from which 2.265mb/d consisted of crude oil alone.

Agip $13.5b Project Boosts Nigeria’s Oil Production

• Wednesday, 5th April 2017
• by

Nigeria’s daily crude oil production is expected to rise as the Nigerian Agip Exploration Limited (NAE) starts work on Zabazaba deep water project that is expected to gulp $13.5b.

Libya’s Biggest Oil Field Continues Production

• Tuesday, 4th April 2017
• by

Libya’s biggest oil Field continued production after a week of suspension at Sharara. Crude production bounced back to about 660,000b/d.

Nigeria Loses Oil buyers to the US

• Sunday, 2nd April 2017
• by

While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.

UAE Boosts OPEC Production Cut in March

• Thursday, 30th March 2017
• by Editorial Team

UAE’s production cut has boosted OPEC’s compliance with its oil-output-cutting deal to a record high of 95%.

Southern Iraq Exports 3.163mb/d of Oil in March

• Wednesday, 29th March 2017
• by Editorial Team

Iraq’s March production has been reduced by more than its share of 210,000b/d from its southern fields, while northern production has been reduced by around 30,000-40,000b/d so far in March from February.