OPEC | Egypt Oil & Gas - Part 38
Kuwait, Oman Cut Oil Output per OPEC Deal
Kuwait Oil Company’s CEO, Jamal Jaafer, said that OPEC member Kuwait has cut output by 130,000b/d to about 2.75mb/d. While, the Omani Oil Ministry’s Director of Marketing, Ali Al-Riyami, said that Oman was to cut 45,0...
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), FX Street reported. This comes as ...
Cairo Hosted OAPEC Meeting
A press release to Egypt Oil&Gas announced that the 97th Ministerial Meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC) was held in Cairo on December 22. The Kuwaiti Minister of Oil, Electri...
Iraq, Kurdistan Confirmed Commitment to Output Cuts
Iraq’s Oil Minister, Jabbar Al-Luaibi, said that most international oil companies working in the country, 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
Kuwait’s Oil Minister, Essam Abdul Mohsen Al-Marzouq, said that an OPEC committee responsible for monitoring compliance with a global agreement to reduce oil output will meet in the first half of January, Reuter...
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, Reut...
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, United Press International reported. Ac...
Angola Produced 1.692mb/d of Oil
Oil production in Angola in November reached 1.692mb/d. This represents 124,800b/d increase than October’s output, according to the monthly report data from the Organization of Petroleum Exporting Countries (OPE...
