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At the beginning of last month. Sharara had resumed production following a two-week halt.
Read More »Libya’s Sharara Oil Field Closed Again. 230.000 Bpd Output Offline
ADNOC Plans Further Oil Output Reduction
For the first quarter of 2017. according to OPEC figures. ADNOC pumped an average 2.935 million bpd and in the second quarter. it produced 2.91 million bpd of crude.
Read More »Saudis See Economy Shrink in Spite of Higher Oil Prices
In this context. the IPO of Aramco becomes even more essential for Prince Mohammed’s diversification plans.
Read More »Aramco IPO Could End OPEC Status Quo
In the meantime. the Saudis have lost some of their market share. both to Russia and Iraq.
Read More »Citi: An Oil Supply Squeeze Is Inevitable
Venezuela is in disarray and in no condition to expand its oil production.
Read More »Russia`s Gazprom Neft Beefs Up Security at Its Iraqi Kurdistan Branches
The company'.s management is prepared for any situation. Gazprom Neft Middle East CEO says.
Read More »Libya Is Preparing to Ramp Up Oil Production
Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.
Read More »Saudi Aramco Plans to Invest Over $300bn in Next Decade
CEO Amin Nasser also says the outlook for oil supplies is '.increasingly worrying'..
Read More »Iran`s South Azadegan Output at 83.000 bpd
South Azadegan field'.s development project is being undertaken with the help of Iranian firms and internal financial resources.
Read More »Iran Calls On OPEC to Sway Libya. Nigeria to Join Cut
Iran was also treated preferentially in the original negotiations.
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