OPEC | Egypt Oil & Gas - Part 36
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.
OPEC Committee to Meet in January
an OPEC committee responsible for monitoring compliance with a global agreement to reduce oil output will meet in the first half of January.
Libya’s NOC Confirmed Oil Pipeline Reopened
Libya's National Oil Corporation (NOC) said that pipelines leading from the western fields of Sharara and El Feel had been reopened after a two-year blockade, paving the way for a major boost to production.
No Iraqi Mandate for Lukoil to Cut Oil Output
The head of Russian oil company Lukoil, Vagit Alekperov, said that the firm has not received any directives from the Iraqi government in Baghdad to curb oil production for 2017.
Angola Produced 1.692mb/d of Oil
Oil production in Angola in November reached 1.692mb/d, a 124,800b/d increase than October volumes.
Oman, Russia to Monitor Production Cut Deal
Oman and Russia have been named to the committee set up by OPEC to oversee the implementation of oil production cuts agreed upon by OPEC and non-OPEC nations.
ExxonMobil Withdrew from 6 Block in Kurdistan
ExxonMobil has pulled out of half of the six exploration blocks it operated inIraq's semi-autonomous region of Kurdistan.
OPEC’s Oil Output Hit Record High Amid Freeze Talks
OPEC will be meeting non-OPEC countries in Vienna to finalize a global oil production cut agreement early December, while the group's oil output set another record high in November.
