Tag Archives: Oil Production

According to OPEC+ deal Kazakhstan must lower oil production by 20 000 barrels per day to the level of November 2016.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.

Saudi Arabia and several other members of OPEC have increased exports sharply ahead of sanctions on Iran.

GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.

The global oil and gas industry has significantly increased the pace at which new projects are brought to peak production levels.

Anticorruption probes advanced by the Public Ministry caused that 90 executives of Pdvsa were arrested over the last 11 months.

Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.

Venezuela’s crude oil production dropped in June by 47.500 bpd from May. to average 1.340 million bpd last month.

The NOC shut the oilfield in the aftermath of the incident and 160.000 bpd are lost from the Total output of Libya'.s crude.

The threat of further supply disruptions hasn'.t totally evaporated.