Saturday 6 February 2016
 
»
Tag
 
»
Oil output

Opec output surges to new high as Iran boosts production

Opec oil production has jumped to its highest in recent history in January as Iran increased sales following the lifting of sanctions and its rivals Saudi Arabia and Iraq also boosted supply, a Reuters survey showed on Friday. Ris

More…

Iran boosts oil output, foreign firms keen to seal deals

Iran ordered a sharp increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation. Ot

More…

Iran boosts oil output, foreign firms keen to seal deals

Iran ordered a sharp increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation. Ot

More…

Oman ready to cut oil output by 5-10pc

Oman is ready to cut oil output by between five and 10 percent to prop up prices and all producers should do the same, its oil minister said on Monday, adding that the sultanate was prepared to "do anything" to stabilise the market.

More…

Opec December oil output slips, still near record

Opec oil output fell in December, a Reuters survey found on Tuesday, led by lower supply from Iraq following a record-breaking month in November and smaller declines elsewhere in the producer group. The Organization of the Petrole

More…

Oil falls close to 2015 lows over compounded glut

Crude prices fell on Monday in the first trading session after Opec-members failed to agree on output targets to reduce a bulging glut that has resulted in oil prices falling by more than 60 per cent since June 2014. The Organizat

More…

Report of Saudi Opec cut proposal ‘baseless’

A Saudi oil source said on Thursday that media reports of a Saudi Opec output cut proposal were "baseless". "It is baseless," the source, who asked not to be named, said without elaborating. Ener

More…

Iran plans oil output hike by 500,000 bpd

Iran will officially notify producer group Opec in December of its plans to raise its crude oil output by 500,000 barrels per day (bpd), the Iranian oil minister said on Saturday. "We...ask them to respect the 30-million-barr

More…

Algeria eyes 13pc rise in natgas output by 2019

Algeria plans to increase natural gas output by 13 percent by 2019, the energy ministry said, to reverse a decline in energy production in recent years that has hit its export earnings and spending policy. Investment to increase i

More…

Libya's oil output seen up to 380,000 bpd

Libya's oil production is between 350,000 and 380,000 barrels a day, the new chairman of a state oil firm based in eastern Libya said on Saturday. That is in line with recent output figures provided by other Libyan officials.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads