Tag Archives: Production

NOC has lifted force majeure on El Feel oilfield. which was declared on February 23 this year.

Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.

The Libyan National Army contends that some of the oil revenue flowing from the NOC to the Libyan government is diverted to fund rival militias.

President of Russia Vladimir Putin and US leader Donald Trump are going to discuss oil prices at the summit in Helsinki.

Demand for OPEC’s crude oil is expected to average 32.2 million bpd in 2019.

The U.S. is confident that it would be able to sanction Iran without market disruptions.

Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.

It’s unfair to say that OPEC is not doing its part.

Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.

Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.