oil output | Egypt Oil & Gas
OPEC+ to Consider Output Boost in Upcoming Meeting
Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia (OPEC+), are considering a major output boost on March 1 meeting, potentially surpassing the slated 411,000 barrels per day (bb...
Iran Commences Drilling Operations in Forouzan Filed
Iran has commenced the drilling operations in the Forouzan oil field in order to sustain and enhance oil output of the joint field between the Iranian Offshore Oil Company (IOOC), Petropars Group, and Mobinasazeh Gost...
Venezuela to Blend Crude to Recover Oil Output
Venezuela’s state-run PDVSA is set to recover a portion of the oil output lost in recent months by boosting crude blending operations at its main producing region, the Orinoco Belt, according to Reuters. Due to US sa...
Russian Oil Output Rises to 11.15 M b/d
Russia’s oil production has increased during June 1-25 to an average of 11.15 million barrels per day (b/d), up from around 11.04 million b/d in June 1-10, Reuters reported. Russian oil output in May dropped to 11.11 ...
Libyan Oil Output Drops due to Unrest at El Feel Field
Libya’s crude oil output decreased by 70,000 barrels per day (b/d) due to halting production at the El Feel oil field on February 24th, Xinhuanet reported. The company operating El-Feel oil field stopped output ...
Libya’s NOC Announces Budget Delay to Decrease Oil Output
Libya’s National Oil Corporation has been facing continuous delays in receiving budget money from the Libyan government, stated Mustafa Sanalla, NOC’s Head, adding that the delay can decrease oil output, R...
OPEC Oil Output Boosts in June by 280,000b/d
The Organization of Petroleum Exporting Countries (OPEC)’s oil output has increased in June by 280,000b/d to reach a 2017 high as Libya and Nigeria continue to recover production levels. Both countries were exem...
Iran Increases Oil Output at South Azadegan
Iran increased its oil production from South Azadegan by 30,000b/d after being stuck in the 50,000b/d range for years. Operator of the Field’s Development Project, Touraj Dehghani, stated to Shana News that prod...
