OPEC | Egypt Oil & Gas - Part 41
Nigeria’s Crude Output Declined by 130,000b/d
Nigeria’s crude oil production declined by 130,000b/d in August to an average of 1. 44mb/d, as oil companies struggle to repair pipelines damaged by severe militant attacks, Vanguard reported. While speaking at a one-...
Maintenance at Qatari field Delayed Crude Cargoes
Danish Maersk Oil said that maintenance work at Qatar’s al-Shaheen oil field, the country’s largest offshore oilfield, located 80km off the country’s coast, has pushed back the loading of crude cargo...
Algeria, Iran Talked Oil Market Balance
The Algerian Energy Minister, Nouredine Bouterfa, met with with his Iranian counterpart, Bijan Zanganeh, in Tehran. The two ministers discussed the possibility of developing mutual relations in various fields in the e...
Kuwait Bumped Oil Price to $44 a Barrel
Kuwait Petroleum Corporation (KPC) stated that the country increased oil prices by $0.13 , late August, from $43.87 per barrel to reach $44 per barrel, reported Kuwait News (KUNA). In related news, the Kuwaiti nationa...
Iraq to Boost Oil Production and Exports
Iraq’s Prime Minister, Haider al-Abadi, said his country intends to boost crude oil production and will not restrain output as part of any possible agreement among member’s of the Organization of the Petro...
Russia,Saudi Arabia Talk Oil Market Stability
The Russian Energy Minister, Alexander Novak, said that his country is consulting with Saudi Arabia and other producers to achieve oil market stability, adding that the door is still open for more discussions on outpu... Saudi Pumps Record Volume of Crude
Saudi Arabia boosted its output to a record high of 10.67mb/d in July, up from 10.55mb/d in June, according to figures it provided to the Organization of the Petroleum Exporting Countries (OPEC), Reuters reported. The...
Algeria Expected to Push for Production Freeze
Algeria and other OPEC members are expected to push for a production freeze during an OPEC informal meeting scheduled for late September in Algiers, The North Africa Post reported. The President of the Organization of...
