Wednesday 29 June 2016
 
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oil production

Libya output 'could fall within days over port row’

Libya may be forced to slash oil production within days if a stand-off between eastern and western factions that has prevented loadings at the Marsa al-Hariga port continues, an official from state oil firm NOC in Tripoli told Reuters on Thursda

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Bahrain eyes new tech to boost oil production

Energy officials are studying a project that will increase Bahrain’s oil production by almost double, reported the Gulf Daily News, our sister publication. To read further, please visit

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UAE urges oil producers to freeze output

Oil producers should freeze production if they cannot agree on a cut to balance the global oil market, the United Arab Emirates energy minister was quoted as saying on Tuesday. State news agency WAM cited Suhail bin Moham

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Oil cuts: Iran may get special terms as it talks tough

Iran could be offered special terms to join cuts ANKARA Iran might be offered special terms as part of an oil output freeze deal, sources said, even as fellow Opec ministers tried to persuade the country to join the

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Opec members eye Iran backing for output cut

Opec members travel to Iran today (February 17) to persuade the country to participate in a deal to freeze output levels, possibly by offering Tehran special terms. Dominant Opec power Saudi Arabia and non-Opec Russia, the world&#

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Kuwait says committed to Doha oil deal

Kuwait is committed to an agreement between top exporters Russia and Saudi Arabia to freeze output provided other producers back it, Kuwait's acting Oil Minister Anas al-Saleh said. "Kuwait welcomes the Doha deal ... and

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Kuwait to raise crude output, sign export deals

Kuwait plans to raise its crude oil production by 150,000 barrels per day (bpd) in the third quarter and aims to sign new export deals with European customers soon, a senior Kuwaiti official was quoted as saying. New contracts are

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Russia ‘open to oil cooperation with other producers’

Russia is open to further cooperation in the oil market with Opec and non-Opec countries, Russian Foreign Minister Sergei Lavrov said on Tuesday at a news conference while on a visit to Abu Dhabi. Asked whether Russia was open to

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Spare oil capacity 'can complicate any Aramco listing'

Saudi Arabia's policy of keeping a vast amount of oil production capacity unused is a possible complication in any listing of the upstream part of state oil firm Aramco, industry sources said. Saudi Arabia holds the world'

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Spare oil capacity 'can complicate any Aramco listing'

Saudi Arabia's policy of keeping a vast amount of oil production capacity unused is a possible complication in any listing of the upstream part of state oil firm Aramco, industry sources said. Saudi Arabia holds the world'

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