Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 %.
Read More »Oil Prices Fall as Supply Disruption Concerns Ease
The United States holds a reserve of about 660 million barrels.
Read More »US Expected to Become World`s Top Oil Producer Next Year
The United States led the world in oil production for much of the 20th century.
Read More »ADNOC Subsidiary Awards Contract to Develop Offshore Oil Field
Agreement aims to increase production capacity from the Bu Haseer field from 8.000 bpd too 16.000 bpd.
Read More »Dana Gas Receives $44m from Kurdistan
Dana Gas’ net share of production in the KRI averaged 26.100 boepd of production during the first half of 2018.
Read More »Merrill Lunch: If US Eliminate Iranian Oil Export. it could Spike to $120
OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.
Read More »Eni will Begin Gas Exploration at Egypt Noor Field in Two Months
Egypt’s cabinet approved the $105 million deal to explore the North Sinai region of the Mediterranean Sea in March.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »US Oil Rig Count Down but Prices Jump on OPEC News
The loss of a single oil rig did not have much impact on the oil market today.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
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