OPEC | Egypt Oil & Gas - Part 35
Angola Cuts Output Following OPEC Deal
Angola has become the latest OPEC member to announce the beginning of production cuts. Output was cut by 78,000b/d to 1.673mb/d.
S. Arabia Cut Oil Output by 486,000b/d
Saudi Arabia has cut its crude-oil production by at least 486,000b/d since October, bringing the world’s largest exporter of petroleum swiftly into line with OPEC’s deal to raise prices.
Libya to Reopen Zawiya Oil Terminal
Libya is re-opening its last major oil-export terminal and producing at the highest level in more than two years as the war-torn country benefits from an exemption from the Organization of Petroleum Exporting Countri ...
Iraq Began Oil Cuts
Iraq has begun implementing measures to reduce national oil output by some 200,000b/d, in keeping with an OPEC decision.
Kuwait, Oman Cut Oil Output per OPEC Deal
Inline with OPEC's production reduction agreement, Kuwait has cut output by 130,000b/d to about 2.75mb/d. While, Oman was to cut 45,000b/d from its 1.01mb/d.
Oman Begins Oil Output Cuts
Oman is expected to cut oil output by 45,000b/d. This is about 4.5% of its 1mb/d day production, to honor the agreement with the Organization of Petroleum Exporting Countries (OPEC).
Cairo Hosted OAPEC Meeting
The 97th Ministerial Meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) was held in Cairo on December 22.
Iraq, Kurdistan Confirmed Commitment to Output Cuts
Most international oil companies working in Iraq, along with the semi-autonomous region of Kurdistan, have agreed to cut crude output to fulfill an OPEC accord.
