OPEC+ Plans June Output Increase Amid Ongoing Supply Disruptions

• Sunday, 3rd May 2026
• by Fatma Ahmed

OPEC+ has reached a preliminary agreement to raise its oil production targets for June, according to sources familiar with the group’s deliberations, cited by Reuters. However, the planned increase is expected to have...

Sonangol’s Production from Iraq’s Qaiyarah Reaches 40,000 b/d

• Sunday, 14th April 2019
• by Editorial Team

Angola’s Sonangol announced that its production from Iraq’s Qaiyarah oilfield has reached around 40,000 barrels per day (b/d), Zawya reported citing Reuters. Sonangol stated that it targets to increase the production ...

Oman’s PDO to Boost Oil Production

• Thursday, 21st March 2019
• by Editorial Team

Petroleum Development Oman (PDO) plans to increase oil production to reach 670,000 barrels per day (b/d) over the upcoming five years, Reuters reported. “This comes after it confirmed that 2018 yielded its highest oil...

Iran’s Karoun Oilfield Output Increases

• Sunday, 10th March 2019
• by Editorial Team

The production from Iran’s West Karoun oilfields have increased, reaching 300,000 barrels per day (b/d), the Iranian Oil Minister Bijan Zanganeh was quoted saying by the Iranian Students’ News Agency (ISNA), Zaw...

Libya Produced 670,000b/d of Oil

• Sunday, 30th October 2016
• by Egypt Oil & Gas

The head of the media office of the Tripoli-based National Oil Corporation (NOC), Mohammed Al-Maghribi, announced in a statement that Libya has experienced a remarkable increase in oil production hitting 670,000b/d. T...