OPEC | Egypt Oil & Gas - Part 33
Libya’s El Feel Oilfield to Resume Operations
Libya’s El Feel oilfield, operated by a joint venture between Italy’s Eni and Libya’s National Oil Corporation (NOC), is ready to resume production after two years of no operartions, Bloomberg reported. As informed on...
Iraq Mulls Exemption from OPEC Cut Deal
Iraq may seek to be exempted from a deal between oil exporters to reduce global supply in order to support crude prices and ask to boost its own output, the leader of the nation’s Shi’ite ruling coalition,...
Iran to Join Oil Production Cuts
Iranian Oil Minister, Bijan Zanganeh, told media that Iran is ready to join the initiative of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, reported Oil Price. Zanganed said that ...
OPEC Cuts 153,000b/d in March
The Organization of Petroleum Exporting Countries (OPEC) reduced March’s output by 153,000b/d to around 31.9mb/d, ForexLive reported, citing OPEC’s official statement. OPEC’s 11 members with supply targets cut o...
OPEC, UAE to Launch Oil and Gas Big Data Project
The Organization of Petroleum Exporting Countries (OPEC) and the United Arab Emirates’ (UAE) Ministry of Energy will launch late April the first phase of a new global oil and gas database project, aiming to develop an...
Saudi Arabia Reduces Oil Output
Saudi Arabia reduced its oil production last month to the lowest since the beginning of 2017. The output production is considered below the level that was supposed to be maintained by Saudi Arabia as part of a global ...
China to Increase Oil Imports from West Africa
China will import record amounts of crude oil from West Africa in April. The OPEC’s supply cuts allowed other nations to attract the fast-growing Asian market, Bloomberg reported. According to South China Morning Post...
UAE Boosts OPEC Production Cut in March
Oil output from the Organization of Petroleum Exporting Countries (OPEC) is likely to fall for a third consecutive month in March as the United Arab Emirates (UAE) made progress in reducing oil supplies, The News repo... 
