Tag Archives: Production

A decision to delay the meeting would leave the future of the OPEC+ 1.7 million b d production cut accord with Russia and other allies up in the air.

Government has signed deals with domestic knowledge-based companies for production of five million hygienic masks for fight against coronavirus.

The last offshore platform of South Pars Gas Field phases 22-24 has become operational. increasing the giant reservoir’s production by 14 million cubic meters per day.

Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.

Eni’s plan today includes upstream production growth at an annual rate of 3.5 percent up to 2025.

Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.

Iran has successfully implemented the national waste-to-energy project in Kharg Island to curb the associated petroleum gas (APG) or flare gas of the petroleum products in the Persian Gulf oil and gas fields.

Saudi Arabia wants to hold prices from falling. but Russia is still not agreeing.

Oil traders will remain hard to convince that producers are doing enough.

Algeria. which produced nearly 2.7 million tonnes of petrol in 2019. had to import this fuel to meet the needs of the national market.