oil production | Egypt Oil & Gas - Part 25
Nigeria Boosts Oil Production to 1.9mb/d
Nigeria's oil production increased from 1.6m b/d to about 1.9m b/d after a week had passed since pipeline attack had taken place and repairs were made.
Nigeria Has Third Highest Oil Production Costs
Nigeria is now the world' third most expensive country to produce oil in, with a production cost per barrel of crude oil put at $28.99.
Nigeria’s Avengers Demand Independent Mediators
The Niger Delta Avengers said they would only negotiate with the government if independent mediators facilitated the talks.
Venezuela’s Orinoco Oil Belt Increased Oil Production
The Venezuelan Minister of Petroleum and Mining, Eulogio del Pino, has declared that the daily production of crude oil from Orinoco Oil Belt has increased from 20,000 to 30,000 b/d, thus benefiting the whole region.
Iraq Is Pumping More Oil Than Ever Before
OPEC's second-largest producer, Iraq, increased daily oil production to an all-time high of 4.5mb/d, according to estimates by the research firm, JBC Energy.
Nigeria Faces Problems over Oil Freeze Failure
The failure of the deal to freeze oil production, which could have hastened a recovery in oil prices, puts Nigeria and other cash-strapped oil producers in more trouble.
Nigeria Needs to Increase Daily Crude Output
The Nigerian Association of Energy Economics (NAEE) said the country's currently fluctuating oil production level of 2.4mb/d may not be enough to guarantee any sustainable economic development.
Italy’s Minister Visits Libya in Support of Unity Government
Italy's Foreign Minister, Paolo Gentiloni, arrived in the Libyan capital, Tripoli, in a show of support for a UN-backed unity government that Western nations hope can unite the oil-rich country and lead the fight aga ...
