Archive for oil output


Al-Arabiya
Libya's interim govt may seek new oil bids
Creamer Media’s Engineering News
TRIPOLI – Libya could proceed with a new round of oil exploration and production agreements in the current transitional period but the priority for now is to maintain pre-war output levels and future targets, the OPEC member's new oil minister told
Libya's current priority to maintain oil output levels at 1.5m bpdMENAFN.COM
Libya announces tender for development of oil fieldsTrend.az (subscription)

all 11 news articles »

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Al-Bawaba
Libya targets oil output rise, no new deals for a year
Creamer Media’s Engineering News
TRIPOLI – Libya aims to raise its oil production to 1.8-million barrels a day (bbl/d) next year, overtaking the output before last year's war, as it banks on the return of foreign companies even though security in the country remains precarious. But no
Libya's oil industry slowly rebuildingAl-Bawaba
No plans for Libyan oil, gas auction soonUPI.com

all 15 news articles »

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Business Recorder
Libya sees return to pre-war oil output in October
Reuters
By Marie-Louise Gumuchian and Ali Shuaib | TRIPOLI (Reuters) – Libya expects to be back to pre-war oil production in October, later than previously forecast due to interruptions and the slow return of oil services firms to the North African country,
Brent falls below $104, gloomy demand outlook weighsEconomic Times

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OPEC’s oil output has remained close to its highest since 2008 in June as extra oil from Saudi Arabia and Iraq has compensated for a drop in Iranian supply to its lowest level in more than two decades, a Reuters survey found on Friday.
US and European sanctions have pushed Iran from second-largest producer in the Organization of the Petroleum Exporting Countries to rank third behind Iraq.
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Iran’s state finances have come under unprecedented pressure and the resilience of ordinary people is being tested by soaring inflation as oil income plummets due to tightening Western sanctions and sharply falling oil prices. Tough financial measures imposed by Washington and Brussels have made it ever more difficult to pay for and ship oil from Iran. Its oil output has sunk to the lo

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Ahram Online
Libyan oil corp. denies its Agoco unit cut output
Reuters
| TRIPOLI May 6 (Reuters) – Libya's National Oil Corporation (NOC) has denied its eastern subsidiary has reduced oil production due to protests that have closed off its headquarters for nearly two weeks but the unit maintained on Sunday that it had cut
Libya's NOC Says Arabian Gulf Oil Co. Hasn't Cut Crude OutputBloomberg
Libya's Agoco cuts oil output further due to protestsChicago Tribune

all 48 news articles »

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Libya's Agoco cuts oil output further due to protests
Reuters
Protesters want more transparency, jobs * Oil cuts are setback for recovering industry (Adds quotes, background) TRIPOLI May 5 (Reuters) – Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10000 barrels per day (bpd) due to

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