Tag Archives: Oil Production

Russia has agreed to cut its oil output by 300.000 barrels per day under the OPEC deal signed in Vienna.

Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.

Present volume of Iran’s crude output stands at 3.8 million barrels according to secondary sources.

Russian oil production declined by 254.000 bpd from April 1-26 compared with the reference level of October.

Iraq has started work on the third and final phase of the Halfaya oil field expansion.

Saudi Arabia. the world'.s top producer ahead of Russia. is responsible for almost one-fourth of the total cuts.

Growth in Saudi Arabia. the region’s largest economy. is expected to slow to 0.4% this year.

The field'.s output is planned to reach 110.000 bpd by July.

Aramco is planning what may be the world’s largest stock sale.

Iran is on the top rank of gas reserves and the fourth rank of oil reserves in the world.