Iran’s Parliament Cuts Oil Exports Target to 1.5 mmbl/d
The Iran's parliament reduced the government’s oil export target to 1.5 million barrels per day (mmbl/d) from 2.3 mmbl/d to manage expectations.
The Iran's parliament reduced the government’s oil export target to 1.5 million barrels per day (mmbl/d) from 2.3 mmbl/d to manage expectations.
The Chairman of Libyan National Oil Corporation (NOC), Mustafa Sanallah, stated that the company targets to produce 1.2 million barrels per day (mmbl/d) of oil during 2021 as a part of its plan for the new year.
Libya’s crude oil and condensate exports are expected to reach 1.24 million barrels per day (mmbl/d) in December, recording the highest level in 13 months.
The United Kingdom Ambassador to Libya, Nicholas Hopton, praised Mustafa Sanalla, the Chairman of the Board of directors, in achieving production rates and paving oil operations. This came during the meeting at Li ...
Oman has established a new energy development company as it seeks to leverage oil blocked debt.
Kazakhstan signed an agreement to establish an international center for the development of oil and gas engineering.
Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a memorandum of understanding (MoU) with his Iraqi counterpart, Ihsan Abdul Jabbar.
The Chairman of Khalda Petroleum Company, Saeed Abdel Moniem, said that the average of its oil and condensates production reached to about 145,500 barrels per day (b/d) during the fiscal year (FY) 2019/2020, while ...
BP announced that the Egyptian Liquefied Natural Gas (LNG) exports had increased 2.6 billion cubic meters (bcm) recording 4.5 bcm during 2019, while the imports had decreased to 3.2 bcm as the end of 2018 after re ...
The UAE, OPEC’s third largest producer, recorded a daily production of 4.2 million barrels of oil per day (bbl/d) in April before the record OPEC+ agreement.