Latest News for: Oil producers

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Africa's top oil producer sets ambitious revenue target

Beijing News 18 Apr 2024
Last year, Africa's top oil producer failed to meet its 2023 target of 1.69 million bpd, producing only 1.47 million, according to the Nigerian Upstream Petroleum Regulatory Commission ... in oil prices.
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Analysts skeptical about Nigeria's bid to improve local crude refining

Voa News 18 Apr 2024
This week, authorities also announced a new policy that oil producers must ... The new measure includes penalties for oil producers who divert crude oil or refiners who fail to meet payment obligations.
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How a flare-up in Mideast conflict could affect oil prices

Khaleejtimes 18 Apr 2024
Among the top 10 oil-producing countries of the world, five are in the Middle East. Saudi Arabia is the largest oil producer, contributing over 12 per cent of the global crude production.
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What the fresh march higher in oil means for world markets

The Economic Times 18 Apr 2024
... by oil producing group OPEC and other big oil producers curbing their output.
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Oil extends losses on easing Middle East tension, demand concerns

CyprusMail 18 Apr 2024
Any new Western sanctions against Iran could be offset by greater output from other oil-producing nations, and their impact could be limited without Chinese cooperation, said Ole Hvalbye, commodities analyst at SEB Research.
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Organization of the Petroleum Exporting Countries (OPEC) to Participate at Invest in African Energy (IAE) ...

Capital Ethiopia 18 Apr 2024
Libya and Nigeria represent Africa’s two largest producers – according to OPEC’s latest monthly oil report – both producing approximately 1.2 million barrels per day (bpd) ... of African oil production.
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What are the implications of oil’s recent surge on global markets

CyprusMail 18 Apr 2024
The tightness in oil supplies, and higher prices, has been underpinned by oil producing group OPEC and other big oil producers curbing their output ... happy, when oil is around $75-$95 a barrel.
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Here's the latest you need to know on the Permian Basin oil and gas industry

Carlsbad Current Argus 18 Apr 2024
The Permian already leads in oil at about 6.2 million barrels of oil per day (bopd) predicted in May, the EIA reported, after adding 12,000 bopd compared to April.Feds raises costs on oil and gas producers via new lands rule.
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U.S. oil imports, exports up last week

Xinhua 18 Apr 2024
The United States has been one of the world's important oil producers in the past years with the help of its shale oil production growth ... oil imports, exports up last week.
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U.S. crude oil production unchanged last week

Xinhua 18 Apr 2024
crude oil production ... The United States has become a major oil producer in the past years with the help of its shale oil production growth.
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Fuel prices surge after tax reintroduction

Philenews 18 Apr 2024
Iran is one of the world’s largest oil producers, with Iranian crude production having increased by more than 20% over the past two years, averaging 3.4 million barrels per day and representing about 3.3% of global supply.
photo: AP / Hasan Jamali
A fuel storage tank at the Saudi Aramco Shell oil refinery in Jubail, Saudi Arabia, in this photo taken Tuesday, June 1, 2004
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Oil steady amid easing Middle East tension

Business Day 18 Apr 2024
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Kazakhstan to Consider Building Oil Pipeline in the Caspian Sea

Oil Price 18 Apr 2024
Kazakhstan, a non-OPEC oil producer part of the OPEC+ agreement, will consider building an oil pipeline in ...
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Study finds surge in oil and gas use to make polymers

Hindustan Times 18 Apr 2024
The CSE report has also highlighted that leading state-owned and private crude oil and gas producers have been increasing the output of primary (virgin) plastics in anticipation that a serious global response to climate change might reduce demand .
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U.S. Shale Oil Production Growth Is Slowing Down

Oil Price 18 Apr 2024
The attack was a first; it came from the fourth-largest oil producer in OPEC, and it targeted a country ...

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In this photo provided by the Ukrainian Emergency Service, firefighters put out a fire after Russia's missile attack in Kharkiv, Ukraine, Sunday, Dec. 31, 2023.
AP / Ukrainian Emergency Service via AP
In this photo provided by the Ukrainian Emergency Service, rescuers work at the site of a Russian missile strike in Chernihiv, Ukraine, Wednesday, April 17, 2024.
AP / Ukrainian Emergency Service via AP Photo
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