Tag Archives: Production

Qatar has had to compensate for its loss of port facilities. primarily in the UAE by diverting to Salalah in Oman and Singapore.

In the middle of last month. Iraqi government forces seized oil fields around Kirkuk. which had been under Kurdish control since 2014.

Many experts and officials are expecting the output cut agreement to be extended.

Iran opened its energy market to foreign investment following the lifting of international sanctions in January 2016.

Oil sales generate 96 percent of Venezuela'.s hard currency earnings.

Very few new LNG projects are expected to come in the earlier part of the next decade.

Saudi Arabia and Russia have been the drivers of the production agreement.

A possible six-month extension proposal from Russia is shorter than the market is largely expecting.

The Saudi OPEC governor and Saudi national representative at OPEC are in communication with many countries to invite them to the meeting.

The Halfaya oilfield was discovered in 1976 with 4.1 billion barrels in reserves and is situated in the southern part of Iraq .