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OPEC’s Oil Production Continued to Decline in January
05 Feb 2025 15:37 GMT
… Last month, all 12 OPEC producers saw their combined output … tracking companies and sources at OPEC, oil firms, and consultants. … African producer reduced exports.
OPEC’s top producer Saudi … OPEC+ panel monitoring the oil markets, praised this week Iraq for …
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OPEC+ Damocles Sword Hanging Over Shale Oil Producers
05 Feb 2025 17:04 GMT
… like a Damocles Sword. OPEC+ is essentially saying: … added.
Rigzone has contacted OPEC, the American Petroleum Institute … for Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, … OPEC site on the same day revealed that Saudi Arabia, Russia, Iraq …
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IEA: Iraq holds 600,000 bpd in spare oil capacity
05 Feb 2025 12:41 GMT
… +
Shafaq News/ Iraq has a spare oil production … spare capacity of the Organization of
the Petroleum Exporting Countries (OPEC) stands at approximately … 600,000 bpd by Iraq, and 400,000 bpd … support market stability.
OPEC maintains idle production capacity …
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OPEC Beams Searchlight On Countries With Overproduction Data
05 Feb 2025 09:24 GMT
… Petroleum Exporting Countries (OPEC) and non-OPEC countries has decided … Republics of Kazakhstan and Iraq, including the additional voluntary … by some participating OPEC and non-OPEC countries as agreed … announced by participating OPEC and non-OPEC nations, in …
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OPEC and Saudi spare oil production capacity
05 Feb 2025 08:27 GMT
… members of the Organization of the Petroleum Exporting Countries, the United Arab Emirates, Iraq and Kuwait … S., Brazil and Guyana.
OPEC+, which includes OPEC, Russia and their allies … first quarter of 2025.
OUTSIDE OPEC
Outside OPEC, spare capacity is limited …
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Energy ministers of Saudi Arabia, Iraq and Libya examine market stability
05 Feb 2025 04:06 GMT
… talks on Monday with his Iraqi and Libyan counterparts, Hayan … .
OPEC+, which groups the de facto Saudi-led Organization of the Petroleum Exporting Countries and … on Saudi Arabia and OPEC to lower oil prices, … that Saudi Arabia and OPEC were seeking long-term …
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OPEC and Saudi Arabia spare oil production capacity
05 Feb 2025 01:55 GMT
… and Iraq, along with other members of the Organization of the Petroleum Exporting Countries (OPEC), … the International Energy Agency, OPEC has a total spare … 1.1 million bpd. Iraq holds 600,000 bpd … Brazil, and Guyana.
OPEC+ (which includes OPEC and Russia, as …
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BP to invest upto $25 billion in Iraqi Kirkuk oil and Gas
05 Feb 2025 01:55 GMT
… largest oil producer within the Organization of the Petroleum Exporting Countries.
A senior official who … developing natural gases to support Iraq';s energy needs.
Officials … advances in northern and Western Iraq. This allowed the Kurdish Regional …
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Back in Iraq: BP Puts $25B On the Table
05 Feb 2025 02:26 GMT
… to three years.
Unlike Iraq’s usual technical service contracts … #39;s In It For Iraq?
Iraq may have massive oil reserves … about diving back in. Iraq is OPEC’s second-largest producer, … . BP, already operating in Iraq’s southern Rumaila oilfield, will …
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OPEC oil output declines in Jan. following Iraq field disruption
04 Feb 2025 23:57 GMT
… the Organization of the Petroleum Exporting Countries (OPEC) declined in January following a fire at Iraq’s … month, aligning with its OPEC quota.
Alongside Iraq’s decline, notable production … bpd, Iraq’s output is now closer to its designated OPEC ceiling …