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Oil output
Crude Oil
Venezuelan Oil Output Recedes as Washington Threatens New Sanctions
The Biden administration weighs withdrawing Chevron’s license while lobbyists urge Trump to leverage sanctions to US advantage.Venezuela’s crude pro…
Natural Gas
Suncor Energy to Increase Oil and Gas Output by up to 5 Per Cent in 2025
Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent, as it continues to work to improve its performance and lower costs fro…
Crude Oil
OPEC Says Russia Made Small Cut to Oil Output in November
Russia's crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Count…
Oil Price
UAE to Gain From OPEC+ Decision on Oil Output
The UAE is expected to gain significantly from last week’s Opec+ decision, as the country’s 2025 target level is about 8% higher than its target lev…
Iran
Iran Increasing Oil Output Regardless of US Political Future
Mohsan Paknejad made the remarks on Sunday on the sidelines of the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Tehran, where he told…
Oil Price
SEB: Speculation Surrounding Potential USA Oil Output Surge Gains Attention
In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone on Thursday, Ole R. Hvalbye, a commodities analyst at the company, said speculation surroundi…
Oil & Gas Trade
Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …
Oil & Gas Trade
Exclusive: BP Abandons Goal to Cut Oil Output, Resets Strategy
Vehicles drive past a BP petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing RightsBP (BP.L), opens new tab…
Oil & Gas Supply
Over 40% of US Gulf of Mexico Oil Output Shut-in by Francine
About 42% of crude oil production and 53% of natural gas output in the U.S. Gulf of Mexico were shut-in on Thursday in the wake of Hurricane Francine, the U.S. …
Oil & Gas Supply
OPEC+ Discussing Delay to Planned Oil Output Hike in October, Sources Say
A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leo…
Oil & Gas Trade
Exxon Vessels Resume Full Oil Output in Guyana After Pipeline Work
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsAn Exxon Mobil (XOM.N),…
Oil & Gas Supply
Ivory Coast Expects Threefold Oil Output Increase by 2027
Ivory Coast's President Alassane Ouattara speaks during the parliament congress in Abidjan, Ivory Coast June 18, 2024. REUTERS/Luc Gnago Purchase Licensing …
Oil & Gas Supply
Russia's Oil Output Exceeded OPEC+ Quotas in May, Pledges to Meet Obligations
A view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo…
Oil & Gas Trade
OPEC+ Extends Deep Oil Production Cuts Into 2025
Vienna, June 19, 2018. REUTERS/Leonhard Foeger Purchase Licensing RightsOPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the …
Oil Price
Iran Plans to Raise Oil Output to 4 Million Barrels per Day, Tasnim Reports
A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019. REUTERS…
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