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Brings DI-3 well onstream under 6 months Emmanuel Addeh in Abuja Within six months of achieving first oil on the Dawes Island Field, indigenous operator Petralon Energy has, thro...
Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil production rose to 1.84 million barrels per day (bpd) in ‘recent...
Opec crude oil production plunged to a multi-decade low last month as the crisis in the Middle East continues to choke off Gulf exports. Sup...
MUSCAT: Refinery production in the Sultanate of Oman rose marginally by 0.2 per cent to approximately 56.5 million barrels by the end of March 2026, according to preliminary data i...
(Oil Price) – ExxonMobil lost 6% of its global production in the first quarter as the Iran war paralyzed oil […]
Oxy Oman, the wholly owned subsidiary of US-based multinational Occidental Petroleum, recorded a nine per cent uptick in hydrocarbon production from its expansive portfolio of upst...
Opec production fell by a historic 7.5mn b/d in March and is set to drop further in April. The scale of the supply shock in the Gulf exposed...
MUSCAT, APRIL 6Oman’s crude oil production is set to reach 821,000 barrels per day (bpd) in May 2026 following a fresh Opec+ adjustment aimed at reinforcing market stability amid e...
The output marks a rise of around 70 per cent from last year's 705 barrels per day, as the state-run company steps up domestic production amid supply uncertainty due to tensions in...
2026-03-26 16:40:00 ET Oil markets and oil producing countries have been thrust into …
Production in West Texas has helped the U.S. stabilize its demand for foreign oil amid the Iran war, despite drilling fewer oil wells.
The UAE had steadily increased production to around 3.6 million bpd. The UAE’s stated crude oil production capacity currently stands at 4.85 million bpd, with an official target to...
The move by the Dangote refinery could strengthen crude supply to its 650,000 barrels-per-day refinery and deepen vertical integration. The post Dangote Group eyes crude production...
(World Oil) – ExxonMobil lost 6% of its global production in the first quarter as the Iran war paralyzed oil […]
The largest disruption on the oil market in history entailed a spike in gasoline, jet and diesel fuel prices
The finance minister described the war in the Middle East as unfortunate but said President Bola Tinubu had mandated an increased production even before the crisis began.
Output collapsed by 7.88 million barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait.
Nigeria’s average daily crude oil and condensate production rose to 1.66 million barrels per day in April 2026, driven largely by stronger output from Bonny, Forcados and Bonga ter...
The 68% surge in crude prices since the Iran war began roughly five weeks ago is incentive enough to compel American oil executives to ramp up output.
The commitment from the seven countries to raise production by 188,000 barrels a day comes after a virtual meeting they held April 3.
US has total oil products production equal to Saudi Arabia and Russia combined. The US exported over 5 million barrels of oil per day last week, a record high, amid the Iran War. I...
By Andrew Moran Crude oil production has declined by more than 30 percent since the start of the war in Iran in late February, according to the Organization of Petroleum Exporting...
The Organization of the Petroleum Exporting Countries (OPEC) released its latest monthly report on Monday, revealing that oil production fell by 27 percent in March due to Iran usi...
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