Output | Egypt Oil & Gas - Part 6

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 aimed at discussing an oil output freeze to suppor...

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 pr...

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 mee...

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

Russia understands and accepts Iranian demands to allow Tehran to fully regain its pre-sanctions oil output levels before joining any discussion about a global output freeze, Reuters reported. Russia’s Energy Mi...

Nigeria Backs Oil Output Freeze

Nigeria, the biggest oil producer in Africa, has 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, Bloom...

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

The global oil market has witnessed first coordinated move in years to boost crude prices. Saudi Arabia and Russia, the world’s two largest crude-oil exporters, said they would halt production increases as long as oth...

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. Oil and gas production has been the mainstay of the economy of the coun...

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 ...

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