Kuwait, Saudi Arabia Set to Resume Production at the Neutral Zone
Kuwait and Saudi Arabia have plans in place to resume oil production at the Neutral Zone at jointly-operated Khafji and Wafra oilfields on July 1.
production | Egypt Oil & Gas - Part 45
GPC Adds 1,500 Barrels of Crude Oil to Daily Production
The General Petroleum Company announced that it managed to add 1,500 barrels  of crude oil to its daily production despite the current circumstances and challenges for production increase.
Nigeria Under Producing to Make up for Poor Compliance
Nigeria’s State-owned Nigerian National Petroleum Company (NNPC) chief, Mele Kyari, has announced in an online conference that current daily oil production over complies with its promised cuts in the OPEC+ agreeme ...
New Petroleum Discovery in Abu Sennan
The Chairman of Borg Al Arab Petroleum Company announced that his company has achieved a new petroleum discovery in Abu Sennan concession after drilling Al Salemia Well -5 at the Western Dessert.
South Disouq Raises SDX Production by 117% in Q1 2020
SDX company announced that its entitlement production recorded 8,061 barrel of equivalent per day (boe/d) which is increased by 117% during the first quarter (Q1) of the fiscal year (FY)2020, compared to 3,715 boe ...
Venezuela’s PDVSA Creates New Unit for Oil Terminals
Venezuela’s state-run oil company Petroleos de Venezuela (PDVSA) has created a new unit to run its oil terminals.
 Libya’s Oil Production Down to 95,000 bpd
National Oil Company’s (NOC) total oil production inside Libya is down to 95,077 barrels per day (bpd) as of April 28.
Eni Cuts Back on 2020 Targets
Italian company Eni has adjusted the company’s financial outlook for the coming year and has announced capital expenditure (Capex) cuts of 2.3 billion EUR for 2020.
Saudi Arabia Crude Oil Exports Falls to 7.2 mmbbl in February
Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January.
Libya Records $4 Billion Losses of Oil Revenue Since January
A blockade of oil and gas facilities in Libya has resulted in severe financial losses totalling $4,087,913,653 since mid January.
