Crude output | Egypt Oil & Gas
Riyadh Loses Oil Production Leadership to Moscow
Russia overtook Saudi Arabia as the world’s largest crude producer in December 2016, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades,...
Marginal Fields Contributed 3% to Nigeria’s Crude
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, Vanguard reported. Terminal data from the Nigerian National Petroleum Corporatio...
Saudi Pumps Record Volume of Crude
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 it provided to the Organization of the Petroleum Exporting Countries (OPEC), Reuters reported. The...
Iraq Reached $3.6b Foreign Oil Investment Deal
Iraq has reached an agreement with British BP, Dutch Shell, and Russian Lukoil to restart stalled investment in oil fields the firms are developing, worth an estimated $3.6b, Reuters reported. Of the total amount, BP...
OPEC’s Crude Output Disrupted in July
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. The output of the 13 establishe...
Libyan NOC and Oil Guards to Reopen Major Oil Export Terminals
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. The export terminals have been closed si...Page 1 of 1
