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Opec

Oil Field
Oilfield With 100 Million Tons of Shale Oil Reserve Certified in E.china
The Shengli Oilfield, under China Petrochemical Corp (Sinopec Group), the country's largest oil refiner, said its Jiyang shale gas oilfield has officially p…
Crude Oil
Iraq’s Kurdistan Crude Output at 286,000 Bpd, Oil Minister Says
Iraq’s Kurdistan region is producing 286,000 barrels of crude oil per day, Iraqi oil minister Hayan Abdel-Ghani told state television on Sunday, citing se…
Oil&Gas Drilling
Algeria’s Sonatrach, China’s Sinopec Sign $850 Million Contract for Hydrocarbon Development, Exploratio
The logo of the state energy company Sonatrach is pictured at the headquarters in Algiers, Algeria November 20, 2019.On Tuesday, February 25, 2025, Algeria&rsqu…
OPEC
Brazil Joins OPEC+
Brazil has joined OPEC+ two years after the group extended an invitation, but its membership will not be binding with regard to production cuts, the country&rsq…
Geothermal Heating Project
Pertamina and Sinopec Form Strategic Partnership to Advance Geothermal Development
Signing of MoU between Pertamina Geothermal Energy and Sinopec StarPT Pertamina Geothermal Energy Tbk (PGEO) has partnered with Sinopec Star Co., Ltd. (Sinopec …
Oil & Gas Supply
OPEC+ Is Not Considering Delay to April Oil Supply Hike, Novak Says
Russia's Deputy Prime Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June…
Oil Refinery
OPEC Forsees Lower Dangote Refinery Petrol Price
The Organisation of the Petroleum Exporting Countries has expressed optimism that the Dangote Petroleum Refinery can lower petrol prices in Nigeria.This is even…
Oil&Gas Drilling
OPEC Reports Decline in Kazakhstan’s Oil Output for Jan. 2025
Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per day (mb/d), according to OPEC’s latest report, Trend rep…
Crude Oil
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.OPEC’s oil production edged lower l…
OPEC
OPEC+ Sticks to Oil Output Plan After Trump’s Price Demand
An OPEC+ panel on Monday reaffirmed the oil cartel’s plan to gradually hike output starting from April, after US President Donald Trump called for lower p…
Oil Refinery
Sri Lanka, China Agree to Fast-Track Sinopec’s $3.7 Billion Refinery in Hambantota
Sri Lankan President Anura Kumara Dissanayake with Chinese President Xi JinpingSri Lanka's foreign minister said on Wednesday that the island nation has sig…
Oil&Gas Drilling
Libya Needs $3-4 Billion to Boost Oil Production, Bidding Round Expected Soon, Oil Minister Says
Libya's Acting Oil and Gas Minister Khalifa Abdulsadek and OPEC Secretary General Haitham Al Ghais shake hands during the Libya Energy & Economy Summit, in …
Crude Oil
In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Emmanuel Addeh in Abuja Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million ba…
Crude Oil
Sinopec’s Zhenhai Refinery Says Fire at Its Crude Unit Put Out
China's Sinopec Zhenhai refinery said a fire that broke out on one of its crude distillation units late on Tuesday had been put out, with no injuries reported.T…
Oil Price
Oil Prices up on Tighter OPEC Supply, US Jobs Data
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices rose on Wednesday as supplies from Russia and OPEC members tight…

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