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Oil production

Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips

Libya to sign 25-year oil deal with TotalEnergies and ConocoPhillips

  • Signed through Waha Oil Company, the deal is aimed at boosting production capacity
  • The company’s daily output typically ranges between 340,000 and 400,000 bpd
By Reuters ·
Saudi crude output up 1.21% to hit 8.92m bpd: JODI 

Saudi crude output up 1.21% to hit 8.92m bpd: JODI 

By Dayan Abou Tine  ·
IEA cuts 2024 oil demand growth forecast on China slowdown

IEA cuts 2024 oil demand growth forecast on China slowdown

By AFP ·
Saudi Arabia, 7 other OPEC+ nations extend voluntary supply cuts until end of November

Saudi Arabia, 7 other OPEC+ nations extend voluntary supply cuts until end of November

By Arab News ·
Iraq, Kazakhstan agree to make up for crude overproduction

Iraq, Kazakhstan agree to make up for crude overproduction

By Reuters ·
Saudi Arabia to ramp up oil production capacity in the next 3 years - energy minister

Saudi Arabia to ramp up oil production capacity in the next 3 years - energy minister

By Nirmal Narayanan ·
Update Saudi Arabia announced on Sunday it would extend oil supply cuts through June as part of a bid to stabilize prices. (Reuters)

Saudi Arabia extends voluntary oil cut of 1m barrels per day until mid-2024

By Arab News ·
Haitham Al-Ghais, the secretary-general of OPEC, addresses the World Government Summit in Dubai on Tuesday. (@OPECSecretariat)

OPEC’s Al-Ghais: Peak oil delay highlights need for inclusive energy transition

By Arab News ·
Libya says it suspended oil production at largest field after protesters forced its closure

Libya says it suspended oil production at largest field after protesters forced its closure

By AP ·
Update Saudi Arabia to continue 1 mbpd output cut until December

Saudi Arabia to continue 1 mbpd output cut until December

By Arab News ·
Saudi Arabia’s voluntary production cuts support oil prices

Saudi Arabia’s voluntary production cuts support oil prices

By Arab News ·
Saudi energy minister denies output increase discussion

Saudi energy minister denies output increase discussion

By Arab News ·
Luberef’s new facility to localize white oil production

Luberef’s new facility to localize white oil production

By Fahad Abuljadayel ·

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