Oil production
- Middle East
South Sudan to resume oil production, export
Juba: South Sudan said that it would resume the production and export of crude oil to the international market through Port Sudan starting Wednesday. Minister for Petroleum Puot Kang Chol on Tuesday…
- Middle East
Saudi oil revenue hits 3-year low, impacts mega-projects: Report
The Kingdom of Saudi Arabia’s oil export revenues fell to their lowest level in three years, due to the decline in oil prices and the Kingdom’s decision to reduce production. Citing government…
- Middle East
Saudi Arabia plans to boost oil production capacity to 12.3 million BPD by 2028
Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman has announced the Kingdom’s ambitious plan to increase its oil production capacity to 12.3 million barrels per day (bpd) by 2028. This significant…
- Middle East
Saudi Arabia to continue voluntary oil cuts till year-end
Riyadh: The Kingdom of Saudi Arabia (KSA) will continue with one million barrel per day voluntary crude oil production cut until the end of the year, the Saudi Press Agency reported on…
- Middle East
Saudi to extend one million bpd oil production cut until Sept
Riyadh: The Kingdom of Saudi Arabia (KSA) announced on Thursday, August 3, that it will extend its voluntary oil production cut of one million barrels per day (bpd) for another month to include September,…
