Opec Output Steadies In May
Opec crude oil production fell by another 320,000 b/d in May, as Middle East producers adjusted to the third month of the Hormuz crisis. Aft...
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Opec crude oil production fell by another 320,000 b/d in May, as Middle East producers adjusted to the third month of the Hormuz crisis. Aft...
Opec crude oil production rose to a three-month high of 19.28mn b/d in June (see table 1), bouncing back from the historic lows caused by t...
Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday showed that average crude oil production, excluding condensates, increased to 1.56 million...
Meets 104% of OPEC quota allocation Emmanuel Addeh in Abuja Nigeria’s crude oil and condensate production soared to an average of 1.735 barrels per day in the month of June 2026,...
Nigeria has recorded its highest crude oil production in 11 months, hitting 1.70 million barrels per day in May 2026. According to data released recently by the Nigerian Upstream P...
• Forcados, Bonny boost production, scheduled turnaround completed •NNPC, security agencies tighten noose on vandals along northern pipeline corridor •Oil firm says 24 attacks re...
The UAE’s oil production edged up last month to its highest level since the start of the Middle East conflict. A rise in clandestine shipmen...
Abu Dhabi found workarounds for the Iran war and was free to pump more barrels after leaving the producer group.
The report said the improved performance was primarily driven by stable production operations across most producing assets and the absence of any major pipeline outages during the...
Output from its 11 current members dropped by 1.22 million barrels to 16.33 million a day in May, with Iran accounting for more than half of the decline.
The UAE lived up to its commitment to ramp up production to meet global energy requirements once the Strait of Hormuz reopened. Oil output r...
With a condensate production of 170,446 bpd included, the commission put Nigeria’s average total hydrocarbon output at 1.7 million bpd. The post Nigeria surpasses OPEC oil quota as...
MUSCAT: Oman’s refining sector delivered mixed results during the first four months of 2026, with stronger jet fuel output and petrochemical production offset by declines in gasoli...
• NUPRC welcomes investment, awards PPLs to licensing round winners • Project execution starts in August, first oil expected in six months • Asset to add $1.2bn new revenue to
Brunei exported 105,000 barrels per day in April, the highest level in five years. The vast majority of its oil went to Thailand.
Partial restoration of Hormuz oil flows boosts June output, but regional production below levels seen pre-conflict
Seven OPEC+ producers have agreed to increase oil production from August, signalling confidence that Gulf exports are recovering after months of disruption caused by the Middle Eas...
Overall, the Western Hemisphere now produces more oil than the Middle East did before the crisis. Canada is the world’s fourth-largest oil producer. Brazil produces four times as m...
پیداوار بڑھانے والے ممالک میں سعودی عرب، روس، عراق، کویت، قازقستان، الجزائر اور عمان شامل ہیں
IEA sees total world oil supply 860K bps lower than demand in 2026 (versus 920K bps lower prior)IEA sees world oil demand falling by 1 million bpd in 2026 (versus 1.1 million bpd p...
According to the crude statistics, released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Sunday, in the month under review, crude oil production hit 1. 56 mi...
(World Oil) – Mature offshore fields in the Republic of Congo are seeing renewed production optimization efforts as independent operators […]
WARREN, Ohio – Oil production from horizontal wells operating in Columbiana County soared to record highs during the first three months of 2026, according to the latest production...
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