Oil Production News Monitoring

OPEC+ to raise oil output sharply again this August

OPEC+ will significantly increase oil production in August, extending its streak of output hikes. Eight of the bloc’s member nations will produce 548,000 additional barrels per day from August, with Saudi Arabia and Russia seeing the largest production …

OPEC+ agrees to increase oil output

A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, Nov 30, 2023. [Photo/Agencies] The Organization of Petroleum Exporting Countries and its allies, known as OPEC+, agreed on …

OPEC+ set to complete big oil output cut unwinding in Sept, sources say

LONDON: OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates' move to a larger quota, five sources said. The group, …

Goldman Sachs expects OPEC+ members to increase oil production by 550,000 bpd in September

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in September, which would complete the unwinding of 2.2 million bpd of voluntary cuts, as they look to normalise spare capacity amid …

Kazakhstan’s oil output returns to growth in June, matching record-high

Oil output in Kazakhstan, one of the world’s 10 biggest producing countries, returned to growth last month and matched an all-time high, as the Chevron-led Tengiz field ramped up, a source familiar with the data told Reuters. Kazakhstan has persistently …

OPEC+ to Ramp Up Oil Output in August

An oil tanker supplied with oil at the main oil port in Bijaya City, Algeria, in a file photo. FAYEZ NURELDINE/AFP via Getty Images The OPEC+ group of oil-producing countries said on July 5 that it would increase oil production by 548,000 barrels per …

OPEC+ Fast-Tracks August Oil Production

(MENAFN) OPEC and its partner nations, collectively referred to as OPEC+, revealed on Saturday their plan to raise oil production by 548,000 barrels per day (bpd) in August—an accelerated increase compared to July’s 411,000 bpd rise. This move reflects the …

Ticker: OPEC+ to boost oil production; China bans EU medical devices

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year. The group that includes Saudi Arabia and Russia made the decision …

OPEC+ speeds up oil output hikes

LONDON — OPEC+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first meeting since oil prices jumped — and then retreated — following Israeli and US attacks on Iran. The group, …

OPEC+ boosts oil output to 548,000 bpd in surprise move

OPEC+ alliance, led by Saudi Arabia and Russia, has announced a further increase in oil output to 548,000 barrels per day in August, exceeding market expectations. Analysts had predicted a hike of 411,000 bpd, but the group’s decision to boost production …

OPEC+ oil output: Group to raise supply by 548,000 bpd in August; cites strong demand, low inventories

The OPEC+ alliance of oil-producing nations, including Saudi Arabia and Russia, decided on Saturday to increase crude output by 548,000 barrels per day in August, accelerating the unwinding of voluntary production cuts amid signs of a stabilising global …

Blow to Nigeria as OPEC+ countries agree to increase oil output by 548,000 bpd

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have decided to increase production by 548,000 barrels per day in August. In a statement on Saturday, the oil cartel said the move follows eight member countries’ decision, after a …

Eight OPEC+ countries decide to lift restrictions, increase oil production

[Sun, 06 Jul 2025 14:11:47 +0300] Vienna - Saba: OPEC announced that eight OPEC+ member countries have decided to accelerate the lifting of voluntary oil production restrictions and agreed to increase production by 548,000 barrels per day starting next …

OPEC+ Accelerates Oil Output Hike as Global Prices Slide

OPEC+ will boost crude production by 548,000 barrels per day in August—exceeding market forecasts and fast-tracking the reversal of its 2023 supply cuts. The decision, confirmed during a virtual meeting led by Saudi Arabia and Russia on June 28, 2025, aims …

OPEC+ boosts oil output by 548,000 barrels per day for august

OPEC+ has agreed to raise oil production by 548,000 barrels per day (bpd) in August, accelerating its output hike plan as global markets remain tight. The move follows recent geopolitical tensions and reflects efforts to stabilize fuel prices amid …

OPEC+ countries to increase oil output by 548,000 bpd in August

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have decided to increase production by 548,000 barrels per day in August. In a statement on Saturday, the oil cartel said the move follows eight member countries’ decision, after a …

OPEC+ to boost oil production by 548,000 barrels per day in August

Eight OPEC+ nations agree to boost oil output in August

Eight OPEC+ nations have agreed to increase their collective crude oil output by 548,000 barrels per day, a rise that exceeds previous forecasts. The decision comes as part of a process to gradually lift voluntary supply curbs. The meeting, held virtually …

OPEC+ announces quicker-paced oil output increase

VIENNA, July 5 (Xinhua) -- OPEC and its allies, collectively known as OPEC+, announced the decision on Saturday to increase oil output by 548,000 barrels per day (bpd) in August, a faster move compared with July. In July, the OPEC+ countries saw an oil …

Access Fixtures Launches TEME Lantern Style LED Post Top Light

Access Fixtures launches the new TEME LED Post Top Light. With a classic design and modern tech, it's spec-grade, BABA compliant, and EXTREME-LIFE rated. WORCESTER, MA, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- Access Fixtures, a …

MaxBill Launches AI-Powered Web Self-Service to Transform Utility Customer Experience

MaxBill unveils its AI-driven Self-Serve Portal for utility providers to automate service, personalize engagement, and reduce operational costs. SURREY, WEYBRIDGE, UNITED KINGDOM, July 7, 2025 /⁨EINPresswire.com⁩/ -- MaxBill, a global leader in AI …

Environmental Remediation Market to Surpass $227.7 Billion by 2033 Amid Rising Pollution & Green Initiatives

🔬 From Bioremediation to Smart Cleanup: Environmental Remediation Market Soars at 7.5% CAGR 🌱 WILMINGTON, DE, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 🧭 Market Overview According to Allied Market Research, the environmental …

Low Voltage Cable Market to Surpass $278.7 Billion by 2032, Fueled by Energy Demand & Infrastructure Growth

🔌 From Solar Grids to Smart Cities: Low Voltage Cable Market Booms at 5.9% CAGR Through 2032 🌐 WILMINGTON, DE, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 🔍 Low Voltage Cable Industry Overview According to a report by Allied Market …

USEA To Hold Virtual Press Briefing on the Future Outlook for Natural Gas

The United States Energy Association’s next virtual press briefing is set for Wednesday, July 9, at 11 a.m. EDT. WASHINGTON, DC, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- A panel of experts on natural gas will face senior journalists who …

Tankless Water Heater Market to Hit $12.3 Billion by 2031, Driven by Energy Efficiency & Smart Infrastructure

💧 From Homes to Hotels: Tankless Water Heater Market Heats Up with 6.9% CAGR Through 2031 ♨️ WILMINGTON, DE, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 📈 Tankless Water Heater Market Overview According to a new report published by …

Clean, Safe & Smart: Dry Type Transformer Market Powers Ahead with 6.1% CAGR to 2027

Dry Type Transformer Market to Extend $7.3 Billion by 2027, Driven by Smart Grid & Green Energy Surge WILMINGTON, DE, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 🔌 Overview: Dry Type Transformer Industry Outlook According to a recent …

Underfloor Heating Market to Hit $8.1 Billion by 2030 Fueled by Green Building Boom

💡 Smart & Sustainable: Underfloor Heating Market Heats Up with 6.7% CAGR to 2030 ♻️ WILMINGTON, DE, UNITED STATES, July 7, 2025 /⁨EINPresswire.com⁩/ -- 🔥 Global Underfloor Heating Industry Overview According to a new report by Allied …

Geothermal Rising Welcomes Geothermal Incentives in Big Beautiful Bill, Honors Geothermal Community’s Dedication

Geothermal energy secures decade-long incentives for 24/7 clean power, boosting #baseloadpower and #energysecurity. #Geothermal #GeothermalRising WASHINGTON D.C., DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Geothermal Rising today …

Project Sales Corp India has the world's largest No Touch Hands Free Hand Safety Products with over 250+ Active Skus

With over 250+ active sku's in hands-free no-touch hand safety tools in its portfolio now, PSC is among the world's largest stockist for hand safety tools. VISAKHAPATNAM, ANDHRA PRADESH, INDIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Project …

Next-Gen Energy: Space-Based Solar Power Market Set for Strong Growth

Space-based solar power grows with rising demand and R&D, but high costs limit it; tech advances and investments offer new growth opportunities. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Solar Storage Solutions Boost U.S. Solar Battery Market to 2030 Milestone

US states like California are expanding solar capacity, driving demand for solar batteries; CAISO plans to add 2.5 GW of battery storage by 2025. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new report …

Willow Lake Métis Group and ELM Inc. Form Strategic Alliance to Advance Indigenous-Led Environmental and Industrial Work

ANZAC, ALBERTA, CANADA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Willow Lake Métis Group (WLMG), a proudly Indigenous-owned organization advancing community-driven economic development, has entered a strategic partnership with ELM Inc., a leading …

Secro and IQAX Connect Through GSBN to Enable Cross-Platform eBL Interoperability

Driving Seamless Collaboration Across Platforms Through Trusted, Legally-Robust eBL Interoperability CHARLESTON, SC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The global supply chain is an intricate and highly fragmented ecosystem, …

Green Ammonia Market to Reach USD 5.9 Billion by 2031 | Rapid Growth in Clean Fuel Sector

The Global Green Ammonia Market is projected to grow from USD 0.2 Billion in 2023 to USD 5.9 Billion by 2031 AUSTIN, TX, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The global Green Ammonia Market Size was valued at approximately US$ 0.2 …

Hengtong Honored as "ESG Leader Among Chinese Enterprises”

Hengtong (SH:600487) SHANGHAI, SHANGHAI, CHINA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Recently, Jiangsu Hengtong Optic-Electric Co., Ltd. was successfully included in the “Progressing Steadily to Achieve Far-reaching Goals: ESG Leaders Report of …

Save Earth Mission Unveils Global Vision; Announces Tree Plantation Campaign Across 60+ Countries

AHMEDABAD , INDIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Save Earth Mission successfully concluded its much-anticipated Grand Vision Unveiling event at GIFT City Club in Ahmedabad. The event marked a significant milestone in the organization’s global …

Global Sodium-Ion Battery Industry Set for Strong Growth | USD 4,005.2M Market Size by 2031

The Global Sodium-ion Battery Market is projected to grow from USD 860.2M in 2023 to USD 4,005.2M by 2031, driven by cost-effective energy storage solutions. AUSTIN, TX, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Sodium-Ion Battery …

Energy as a Service Gains Momentum, Market to Reach $112.7 Billion by 2030

The energy as a service market is growing due to rising electricity demand from commercial sectors and the push for energy optimization and sustainability. WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- According to a new …

LED Panel Light Market Expected to Witness Sustainable Growth Over 2032

LED Panel Light Market Expected to Reach $90.1 Billion by 2032—Allied Market Research WILMINGTON, DE, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research, titled, "LED Panel Light Market, by type, sales channel, voltage …