Iran Commences Drilling Operations in  Forouzan Filed

• Monday, 12th July 2021
• by Editorial Team

Iran has commenced the drilling operations in the Forouzan oilfield in order to sustain and enhance oil output of the joint field between the Iranian Offshore Oil Company (IOOC), Petropars Group, and Mobinasazeh G ...

Venezuela to Blend Crude to Recover Oil Output

• Wednesday, 16th September 2020
• by Editorial Team

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.

Russian Oil Output Rises to 11.15 M b/d

• Thursday, 27th June 2019
• by Editorial Team

Russia’s oil output has increased during June, reaching an average of 11.15 million barrels per day (b/d).

Libyan Oil Output Drops due to Unrest at El Feel Field

• Sunday, 25th February 2018
• by Sarah Samir

Libya's crude oil output decreased by 70,000 barrels per day due to halting production at the El Feel oil field on February 24th.

Libya’s NOC Announces Budget Delay to Decrease Oil Output

• Tuesday, 20th February 2018
• by Sarah Samir

NOC has been facing continuous delays in receiving budget money from the Libyan government, stated Mustafa Sanalla, NOC's Head.

OPEC Oil Output Boosts in June by 280,000b/d

• Monday, 3rd July 2017
• by Dr. Mahinaz El-Baz

OPEC oil output has increased in June by 280,000b/d to a 2017 high, has increased in June by 280,000b/d to reach a 2017 high as Libya and Nigeria continue to recover production levels.

Iran Increases Oil Output at South Azadegan

• Tuesday, 18th April 2017
• by Sarah Samir

Iran increased its oil production from South Azadegan by 30,000 b/d, reaching a production of 80,000b/d of oil at the field.

Kuwait Eyes 3.65mb/d in Crude Output by 2021

• Sunday, 19th February 2017
• by Editorial Team

Kuwait is persistent to pursue its plans to add 0.5mb/d of oil production capacity to its national output as it prepares for the eventual expiration of the output quotas OPEC had adopted to help drain a global oversu ...

Angola Overtakes Nigeria as Africa’s Biggest Oil Producer

• Tuesday, 14th February 2017
• by Editorial Team

Angola remained the largest oil producer in Africa, overtaking Nigeria in January.

Kuwait to Host Ministerial Meeting on Global Oil Cut

• Sunday, 12th February 2017
• by Editorial Team

Kuwait will host a Ministerial Committee meeting, charged with monitoring the compliance with Vienna agreements on cutting oil output, on 22-23 March.