Kuwait Petroleum to Produce 4.75 b/d by 2040
Kuwait Petroleum Corporation eyes boosting its crude oil output through spending an expected amount exceeding $500 billion by 2040.
oil production | Egypt Oil & Gas - Part 19
Iranian Oil Production, Exports not Affected by Protests
Iranian crude oil output and exports have not been affected by the unrest, which is spreading across the Asian Country, Iranian oil and shipping sources stated on January 2nd.
Libya’s Sharara Oilfield Goes Down—Again
he Sharara oilfield stopped production after a militant group seized control of the field.
Iraq Indicates Willingness to Extend Cuts
Iraq favors an additional one-percent cut in oil production by OPEC and its fellow oil producers.
Iran Projects Crude Production of 4.5M b/d
The Managing Director of the National Iranian Oil Company (NIOC), Ali Kardor, projects that Iran will be producing 4.5 million barrels per day (b/d) of crude oil by the end of 2022.
IEA Raises Projections for Oil Demand
The International Energy Agency (IEA) increased its growth estimate for global oil demand in 2017 to 1.6 million barrels per day (b/d) from 1.5 million b/d.
OPEC Production Falls in August
OPEC production fell in August as Saudi Arabia cut back its production
Oil Minister: Iraq is in Compliance with Production-Cut Agreement
Iraq’s crude oil production fell to 4.32 million barrels per day (b/d) in August. GPC Boosts Crude Oil Production
The General Petroleum Company (GPC) increased its crude-oil output to 57,000 barrels per day (b/d).
