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Oil output
Crude Oil
Iran Projects 90 Days to Hit 4 million Barrels of Daily Oil Output Once Sanctions are lifted
Iran plans to restore the bulk of its crude oil production within one month of the easing of U.S. sanctions if world powers manage to broker the revival of the …
Oil Shale
U.S. Shale Oil Output to Climb for First Time in 3 Months in June - EIA
U.S. oil output from seven major shale formations is expected to climb by 26,000 barrels per day in June to 7.73 million bpd, the first rise in three months, th…
Crude Oil
China April Crude Oil Output Up 3.4 pct on yr
China's April domestic crude oil production rose 3.4 percent on year to 16.41 million tonnes.
Shell to Make First Oil Output Profit Since Pandemic
Royal Dutch Shell Plc said it expects to make the first profit from pumping oil since the start of the pandemic.
Crude Oil
Libya Targets 1.45mn b/d Oil Output by Year-End
Libya aims to increase its oil output to 1.45mn b/d by the end of the year, a level not achieved since 2012.
Video: OPEC and Its Allies Extends Output Cuts Into April| Oil Price Surge
Global oil prices jumped higher after the organisation of the petroleum exporting nation's OPEC and its allies agreed to extend most oil output cuts into April.
Crude Oil
OPEC, Allies Agree to Keep Oil Output Steady into April
The Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed on Thursday to largely continue current production levels into April.
Crude Oil
Norway: December Oil Output Rises Above Expectations
Norway ended 2020 on a high note with oil production in December 2020 above forecasts made by the Norwegian Petroleum Directorate.
Oil Field
Lukoil Reaches Oil Output Milestone on North Caspian Sea Fields
Russian independent oil company Lukoil has exceeded a cumulative production of 35 million tonnes from its Yury Korchagin and Vladimir Filanovsky fields in the N…
Crude Oil
Novak Says Russia Backs OPEC+ 500,000 bpd Oil Output Hike from February
Russia expects to support an increase in oil production by the group, known as OPEC+, of another 500,000 barrels per day from February at next month’s summit o…
Oil Shale
U.S. Shale Oil Output to Drop 136,000 bpd to 7.44 million bpd in Jan – EIA
U.S. oil output from shale formations is expected to decline by about 136,000 barrels per day in January to 7.44 million bpd, the lowest since June, the U.S. En…
Crude Oil
OPEC President: OPEC+ Shouldn’t Hurry To Ease Oil Output Cuts
The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil demand in the pandemic.
Oil Field
Sudan to Start Producing Oil at Al-Rawat Oilfield within Two Weeks
Sudan has been trying to lift oil production to lower costly fuel imports after losing 73% of oil output when South Sudan seceded in 2011.
Crude Oil
Libya Oil Output Hits 800,000 Bpd
Libya’s crude oil production has reached 800,000 bpd.
Oil & Gas Trade
OPEC+ to Stick with Plans to Ease Output Cuts, Says Russia's Novak
Russian Energy Minister Alexander Novak on Wednesday said that the OPEC+ group of leading oil producers will start easing output curbs as planned despite a glob…
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