After lifting its force majeure, estimates indicate that Libya's National Oil Corporation (NOC) and its companies have achieved a relative increase in oil production, with current production reaching 860,000 barre ...
A political crisis in Libya has nearly halted all oil production as more ports and oil fields are shut down. OPEC member's daily production is down by 1.1 million barrels compared to 1.2 million barrels last year ...
The Minister of Petroleum and Mineral Resources Tarek El Molla has expected that the oil prices will be corrected towards the end of 2022.
TotalEnergies announced its approval on developing the Ballymore fiedl, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico.
The National Oil Corporation (NOC) of Libya announced that the fourth wave of closure which affects stating the force majeure on the oil port of Brega.
The Iraqi Ministry of Oil confirmed it commitment to the decision of the Organization of the Petroleum Exporting Countries (OPEC) as well as its allies to increase oil production.
The CEO of the National Iranian South Oil Company (NISOC) announced that its fields' production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration.
Petrobras a anounced that it had discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin, in a wildcat well in the Alto de Cabo Frio Central block.
The Chairman of Libya’s National Oil Corporation (NOC) Mustafa Sanalla, has held discussions on how to ramp up the production rates of Waha Oil Company with TotalEnergies CEO Patrick Pouyanné and ConocoPhillips CE ...
The Western Desert Operating Petroleum Company (WEPCO) announced that it targets increasing oil production rates by 120% reaching to 6,000 barrels per day (b/d) during the fiscal year (FY) 2022/23.
