Browsing: oil production

In view of numerous forest fires, Canada’s province of Alberta has declared a state of emergency. All resources must be…

Jean Paul Ikolongo sits on a plastic chair in his hut and looks skeptical. Since politicians from the distant capital…

US President Joe Biden reacted very clearly. The decision by OPEC+ on October 5 to cut production volumes by two…

The 13 Opec countries and the ten partner countries involved in the Opec+ network last agreed to cut oil production…

The Organization of Petroleum Exporting Countries, along with Russia and other oil producers, on Wednesday slashed production by 2 million…

Abuja, Nigeria —  Nigeria is facing a record reduction in oil production, oil cartel OPEC reports, dropping from the first…

Abuja, Nigeria —  Nigeria has lost its position as Africa’s top oil producer to Angola, industry insiders say, and could…

Saudi Arabia, the UAE and Kuwait have untapped capacity that could provide more crude oil production and lower fuel prices.After…

An increase in oil production in Saudi Arabia will help lower world prices somewhat.Saudi Arabia’s decision to increase its daily…

At their monthly online meeting on Thursday, the oil-producing countries decided that an additional 648,000 barrels of oil (159 liters…