Crude output
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Protests Cause Production Drop of 40,000 b/d in Libya
Thursday, 2nd November 2017
Protests have cut production by 40,000 barrels per day (b/d) from oilfields operated by Wintershall in Libya.
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Riyadh Loses Oil Production Leadership to Moscow
Monday, 20th February 2017
Russia overtook Saudi Arabia as the world’s largest crude producer in December 2016 with a production of 10.49mb/d. -
Marginal Fields Contributed 3% to Nigeria’s Crude
Monday, 3rd October 2016
Nigeria’s marginal oil fields contributed 3% of the country’s crude oil production during a 12-month period from July 2015 to June 2016. -
Saudi Pumps Record Volume of Crude
Sunday, 14th August 2016
Saudi Arabia boosted its output to a record high of 10.67mb/d in July, up from 10.55mb/d in June, according to figures Riyadh provided to the Organization of the Petroleum Exporting Countries (OPEC). -
Iraq Reached $3.6b Foreign Oil Investment Deal
Sunday, 14th August 2016
Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017. -
OPEC’s Crude Output Disrupted in July
Wednesday, 3rd August 2016
Production of the Organization of Petroleum Exporting Countries' (OPEC) was disrupted in July by militant attacks in Nigeria and political unrest in Libya, according to Bloomberg. -
Libyan NOC and Oil Guards to Reopen Major Oil Export Terminals
Tuesday, 12th July 2016
Libyan major export terminals, Ras Lanuf and Es Sider, are to be reopened by oil guard brigades and unity government state oil company, NOC, in efforts to pump crude oil again.
Latest News
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Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
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GUPCO to Invest $562 MM in FY 2020/21
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El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
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Egypt Launches First Natural Gas Stations App
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
| Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
| NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
| OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021