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
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
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
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
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
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
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
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
Oil futures dipped on Friday after Saudi Arabia said it was ready to raise output further to meet strong demand.
US crude prices hit a high of $61.82 a barrel earlier this week, their strongest since May 6, as firm demand and a st
Aluminium Bahrain, owner of the world's largest aluminium smelter, said on Wednesday it had received government approval for its Line 6 expansion project, which on completion would make it the world's largest single site smelter.