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Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Kazakhstan will not Increase Oil Production at Kashagan This Year
Kazakhstan encourages OPEC'.s decision to increase oil production by 1 mln barrels per day within OPEC+ deal.
Read More »Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »OPEC Deal to Raise Oil Production will Control Prices`
OPEC agreed to a modest rise in oil production from next month.
Read More »Libya`s NOC Confirms LNA Control of Oil Ports
Libya’s national oil production has dropped to between 600.000 and 700.000 bpd due to the closure of the ports.
Read More »OPEC Members Increase Oil Production to Cool Down Rising Prices
The major producers appear to have consumers’ interests in mind more than they have in the past.
Read More »Kazakhstan Expects Fair Redistribution of Quotas between OPEC+ Countries
Oil production at Kazakhstan'.s Kashagan field will not be increased in 2018 to 370.000 barrels per day.
Read More »OPEC Ministers Start Talks on Increasing Oil Production
Redistribution of quotas between countries to reduce oil production would become main issue at the meeting.
Read More »OPEC’s Production Hike will Affect Nigeria’s Economic Outlook
OPEC'.s decision will affect economic outlook in Nigeria if the price drops below $51 or if the country is unable to boost its oil production.
Read More »Oil Rose to $74.84 per Barrel as OPEC Agrees to Increase Output
OPEC and its allies have since last year been participating in a pact to cut output by 1.8 million bpd.
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