Output | Egypt Oil & Gas - Part 5

Canada Oil Sand Fields Gradually Return

Workers for one of the largest oil sands companies affected by a wildfire in northern Canada started to return to the shuttered facilities on May 12th. The gradual return of Canadian oil sands output dragged down oil ...

Russian Rosneft Set to Lower Oil Output

Russian Rosneft is set to lower oil output, Natural Resources Minister, Sergei Donskoi said, ahead of a meeting of leading global oil producers in Doha on April 17th to discuss an output freeze to support weak oil pr ...

Ecuador Calls on Colombia, Mexico to Freeze Oil Output

Ecuador is lobbying fellow Latin American oil exporters, Colombia and Mexico, to freeze crude production as part of a broad price-boosting effort that would be cemented at an April 17th meeting of OPEC and non-OPEC p ...

Global Oil Producers to Debate Oil Output Freeze in mid April

OPEC and non-OPEC producers - Qatar, Saudi Arabia, Russia, and Venezuela - are expected to hold a meeting in the Qatari capital on April 17th to debate oil output freeze on the January 2016 levels. The meeting is a f ...

Russia Supports Iran’s Aspiration to Restore Its Oil Market Share

Russia's Energy Minister, Alexander Novak, said that Iran would consider joining a global deal to cap oil production only after it restores its oil output back to levels it enjoyed before international sanctions at 4 ...

Nigeria Backs Oil Output Freeze

Nigeria backed Saudi Arabia and Russia in freezing oil production while giving Iran and Iraq a way out to regain some of their market share lost due to sanctions and war.

Saudi Arabia, Russia, Qatar, Venezuela Agree to Freeze Oil Output

Saudi Arabia and Russia said they would halt oil production as long as other major producers followed suit. Saudi Arabia, Qatar, Kuwait, and Venezuela, all OPEC members joined them in the production freeze.

UAE Plans to Increase Crude Output

The United Arab Emirates (UAE) consists of seven emirates including Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain.

Saudi oil output at 30-year high

Saudi Arabia pumped the most oil in 30 years last month as it boosted production along with other members of the Organisation of Petroleum Exporting Countries' (Opec) including Nigeria, Angola, Iraq, Kuwait and the U ...

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