Tuesday 1 September 2015
 
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Rising oil output boosts Saudi economic growth

Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed, but growth looks likely to slow in coming months as low oil prices make themselves felt. &

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Rising oil output boosts Saudi economic growth

Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, data showed, but growth looks likely to slow in coming months as low oil prices make themselves felt. &

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Agoco says oil output at 220,000 barrels per day

The Arabian Gulf Oil Co (Agoco), eastern Libya's state-run oil company, is producing 220,000 barrels per day (bpd), unchanged from last week, a company spokesman said.   The operator of the port of Hariga and

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Iran says will reclaim full oil market share post-sanctions

Iran will ramp up crude oil production and reclaim its lost share of exports shortly after international sanctions on the Opec member are lifted, Iran's oil minister Bijan Zanganeh said.   Iran and six world

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Libya's oil output 350,000 to 380,000 bpd

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

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Iran oil output could jump sharply post-sanctions:IEA

Iran could raise its oil output by as much as 730,000 barrels per day (bpd) from current levels fairly quickly after sanctions are removed, the International Energy Agency (IEA) said.   The West's energy watc

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Iran sees oil output up 1 mbpd after curbs end

Iran expects to raise oil output by 500,000 barrels per day (bpd) as soon as sanctions are lifted and by a mbpd within months, Oil Minister Bijan Zanganeh said in remarks broadcast.   "We are already doing m

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Iran's oil return a game changer for Opec, but not for now

The Organization of Petroleum Exporting Countries (Opec) is likely to keep oil output steady and defend its market share this year after Tehran's nuclear deal with major powers, since a full return of Iranian crude to the market will not b

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Libya's Agoco output at 250,000-290,000 bpd

Libyan oil company Agoco is producing 250,000 to 290,000 barrels per day (bpd) with a tanker loading 1 million barrels of crude at the oil port of Hariga, a spokesman said.   Production and exports continue despi

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Gazprom Neft almost doubles oil output at Iraqi Badra

Russia's Gazprom Neft, the oil arm of state gas company Gazprom, said it has almost doubled oil production at Badra oil field in Iraq.   Gazprom Neft-led Badra oil field now produces around 27,000-28,000 barr

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