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Oil & Gas
Libya to Resume Oil Production at Largest Field Amid Talks
Libya's prized, light crude has long featured in the North African country's civil war with rival militias and foreign powers jostling for control of Africa's l
Oil & Gas
Daily Crude Oil Production Hits over 718K Barrels in the Sultanate
The Sultanate’s daily crude oil production stood at 718,700 barrels during September 2020, a drop by 0.18 percent compared to the daily production in August 20
Oil & Gas
OPEC: Oil Demand to Decline after Plateauing in Late 2030s
World oil demand will plateau in the late 2030s and by then begin to decline.
Oil & Gas
Libya’s Central Banks Wants To Lift Oil Output To 1.7 Million Bpd
The governor of the Libyan central bank has called for the increase of oil production to 1.7 million bpd as soon as possible as the country’s economy continues
Oil & Gas
Peru Crude Production at Historic Low in Sept
Peru's crude production fell to a historic low of 29,165 b/d in September, less than half the level of 12 months earlier, according to data from hydrocarbons re
Oil & Gas
Opec Sees Oil Demand Peak Around 2040
World crude demand will make a strong post-Covid-19 recovery in 2021-2023 but will peak somewhere around 2040, Opec said in its World Oil Outlook.
Oil & Gas
Russian Oil Production Tops OPEC+ Quota In September
Russia produced an average of 9.93 million bpd of crude oil and condensates last month, a little above its OPEC+ quota but still down 11.8 percent on the year,
Oil & Gas
Egypt Inaugurates Refinery Project in Mostorod
Petroleum Minister Tarek al-Molla stressed the importance of developing Egypt’s infrastructure of Egypt in oil refining and processing, and the vital role this
Oil & Gas
Shell Set To Load First Oil From One Of Libya’s Open Ports
Supermajor Shell has provisionally chartered an oil tanker to load crude from one of Libya’s three open ports at the end of next week in what could be the firs
Oil & Gas
With 41m Barrels, Gabon’s Oil Pproduction Appreciated by 3% in H1 2020
Gabon has produced 41 million barrels of oil to the 1 st half of 2020.
Oil & Gas
Gazprom Neft Sees Full Oil Demand Recovery By The End Of 2021
Russia’s oil producer Gazprom Neft believes that global oil demand will return to its pre-pandemic levels in the second half of 2021.
Oil & Gas
EIA Sees Global Oil Market Balancing By End-2021
The OPEC+ production cuts and curtailments in the United States are set to help global inventories to continue drawing down for the rest of the year and most of
Oil & Gas
Libya Eyes 260,000 b/d as Opec+ Keeps Watch: Update
Libya's state-owned NOC said it expects the country's oil production to reach 260,000 b/d next week as onshore fields that have been shut in for several months
Oil & Gas
China Amends Customs Supervision on Crude Oil Imports to Improve Efficiency
Chinese customs said on Tuesday it will amend the way it supervises crude oil imports as part of a broader effort to boost efficiency.
Oil & Gas
U.S Keeps Top Crude Oil Producer Status
Despite oil production curtailments earlier this year that are not fully back online, the United States maintained its global status as the leading supplier of
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