oil production | Egypt Oil & Gas - Part 25
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 ...
Saudi Arabia, Kuwait to Resume Production at Khafji Offshore Oilfield
Saudi Arabia and Kuwait have reached a deal to resume production at the disputed Khafji offshore oilfield, Kuwait’s acting Oil Minister, Anas Al-Saleh, said.
Egypt to Take Part in Oil and Gas Projects with Iraq
The Ministry of Petroleum seeks to expand its foreign activities through oil and gas production in Iraq.
Bahrain Plans $355m Project to Recover Untapped Oil
Bahrain is considering to launch a $355m pilot project that will help recover a huge untapped resource in the residual oil saturation in the Gas Cap of the Mauddud reservoir. Venezuela Faces $5.2b in Debt Repayment in 2016
Venezuela's state-run firm PDVSA faces around $5.2b in payments to bondholders in 2016, a sum that some experts say it will be hard-pressed to meet after the government used nearly all of its available cash reserves ...
