Oil Producers to Cut Oman’s Production by 200,000 bbl/d
Oman is preparing to slash oil output during May and June which will see the Sultanate reduce its production by 201,000 barrels per day (bbl/d).
OPEC | Egypt Oil & Gas - Part 12
KPC to Coordinate with Clients Concerning Oil Cuts
Kuwait Petroleum Corporation (KPC) is set to cooperate with clients in international markets in an effort to cut its supply of Kuwaiti crude oil in accordance with OPEC oil cuts.
Saudi Arabia Ready for Long Term Cooperation with Russia
Saudi Arabia and Russia confirmed their commitment to implement the OPEC agreement of limiting production to 9.7 million barrels per day (mmbbl) for the coming two years.
Saudi Arabia Crude Oil Exports Falls to 7.2 mmbbl in February
Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January.
Saudi Arabia to Sell 600,000 bbl/d of Crude to US
Saudi Arabia determined 600,000 barrels of its crude oil to be sold to USA daily in April 2020 to be the highest amount during a year.
Saudi Aramco to Provide 8.5 mmbbl/d of Crude Oil
Saudi Aramco company announced that it will provide its customers with 8.5 million barrel per day (mbl/d) of crude oil starting from May 2020 .
ADNOC Terminates $1.65 B Petrofac Project
Petrofac Ltd has announced that its Petrofac Emirates joint venture with Abu Dhabi National Oil Company (ADNOC) for the Dalma Gas Development Project has been terminated.
Kurdistan to be Included in Iraq’s Oil Production Cuts
Iraq’s oil minister, Thamer al-Ghadhban, announced that the Kurdistan region is included in the 1 million barrels per day (mmbbl/d) cut of oil production.
Saudi Energy Says Global Oil Cuts to Exceed 19 mmbbl/d
Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, opines that global oil cuts will amount to 19.5 million barrels per day (mmbbl/d) with the OPEC+ cuts and G20 pledges.
Oman’s Oil Production to be Cut by 200,000 bbl/d
Oman has announced that it will cut oil production by 200,000 barrels per day (bpd) following the record OPEC cuts.
