Iraq Has the Capacity to Increase Oil Production by 200,000 bbl/d
An executive of Iraq's Basra Oil Co. (BOC) told Reuters on Friday that Iraq can increase its oil production by 200,000 barrels per day (bbl/d) this year if asked.
oil production | Egypt Oil & Gas - Part 5
Libya’s Oil Recovery is in Full Swing as Production Increases to 860,000 bbl/d
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 ...
Facing a New Wave of Shutdowns, Libya’s Oil Production Almost Halts
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 ...
El Molla: Oil Prices Will Get Corrected Towards End of 2022
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 Announces the Sanction of Ballymore Field in Gulf of Mexico
TotalEnergies announced its approval on developing the Ballymore fiedl, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico.
Libya Announces Forced Closure of Brega Oil Port
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.
Iraq Shows Support for OPEC’s Decision to Increase Oil Production
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.
NISOC Production Grows by 600,000 bbl/d During Raisi Administration
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 Discovers New Oil Well in the Campos Basin
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.
Libya’s NOC Meets with TotalEnergies, ConocoPhillips on Increasing Oil Production
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 ...
