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OPEC Production News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about oil and gas.
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Latest OPEC Production News

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  • OPEC should stay cautious, nurture economy 6 Dec 2009 01:36 GMT
    ... LONDON (Reuters) - OPEC should be cautious when it meets this ... meets this month to decide its oil output policy as it needs to balance signs ... year, but industry estimates show actual OPEC production is gradually rising. <OPEC/O> Badri said oil ...

  • No objections within OPEC to output rollover: Libya 5 Dec 2009 13:36 GMT
    ... No objections within OPEC to output rollover: Libya Cairo - Libyan Oil Minister ... no objections among OPEC members to a production rollover at the oil cartel's coming meeting ...

  • OPEC Ministers See No Quota Change This Month With 'OK' Price 5 Dec 2009 22:57 GMT
    ... Dec. 4 (Bloomberg) -- Four OPEC nations said they doubt the group will ... Organization of Petroleum Exporting Countries to maintain production targets at its Dec. 22 gathering. , ... a Bloomberg News survey showed Dec. 1. Output from all 12 members, including Iraq, rose ...

  • OPEC should maintain output: Arab oil ministers 5 Dec 2009 05:32 GMT
    ... Cairo: Arab oil ministers of OPEC said on Friday that the cartel should keep production unchanged when it meets later this month ... Qatar also supported a rollover of oil output when OPEC ministers meet on December 22 ...

  • Arab OPEC members agree to maintain production 5 Dec 2009 14:04 GMT
    ... CAIRO: OPEC heavyweights led by kingpin Saudi Arabia on ... appeared united in their support for maintaining production quotas, saying the oil price is satisfactory ... in December 2008, bringing down the total output of the 12-member cartel - excluding Iraq ...

  • Opec members seeking better quota compliance 5 Dec 2009 23:16 GMT
    ... minister said he isn’t happy with current Opec member compliance levels of about 60% and ... capital on December 22 to decide on production policy, which has remained unchanged in 2009 ... II. Opec late last year agreed an output target of 24.845mn bpd after a series ...

  • Chinese domestic natural gas production to reach 486 billion cubic meters by 2013 5 Dec 2009 15:18 GMT
    ... around 29.12mn b/d by 2013. Regional oil production was just under 8.41mn b/d in 2001, ... 19.86% of supply. In terms of the OPEC basket of crudes, the average price in ... We are assuming oil and gas liquids output of no more than 3.95mn b/d by ...

  • Libya delays oil output capacity boost to 2017 5 Dec 2009 13:37 GMT
    ... has delayed plans to raise its oil output capacity until 2017 because of budget constraints ... more budget allocations,’ he said. Libya’s current production capacity is ‘almost two million bpd’ and ... million bpd’ and it is producing its OPEC quota of 1.5 million bpd, Ghanem added. ...

  • Libya delays oil output capacity boost to 2017: minister 5 Dec 2009 20:50 GMT
    ... has delayed plans to raise its oil output capacity until 2017 because of budget constraints ... million bpd" and it is producing its OPEC quota of 1.5 million bpd, Ghanem added. ... about three days ago," Ghanem said. Daily production is estimated to be around 27 million ...

  • OPEC unlikely to change supply on Dec 22 -Gulf delegate 5 Dec 2009 17:05 GMT
    ... CAIRO, Dec 5 (Reuters) - OPEC is unlikely to change its official supply ... unlikely to make a change in its production policy in the next meeting in Angola," ...

  • OPEC unlikely to change supply on Dec 22 - Gulf delegate 5 Dec 2009 17:40 GMT
    ... a station attendant filled up a vehicle... OPEC is unlikely to change its official supply ... unlikely to make a change in its production policy in the next meeting in Angola," ...

  • OPEC unlikely to change supply on Dec 22: Gulf delegate 5 Dec 2009 22:18 GMT
    ... CAIRO: OPEC is unlikely to change its official supply ... unlikely to make a change in its production policy in the next meeting in Angola," ...

  • OPEC "OK" With $75 Oil 5 Dec 2009 13:13 GMT
    ... oil prices are "... OK between $70 and $80 per barrel." The next scheduled OPEC meeting to decide on production quotas is slated for December 22, 2009, in Luanda, Angola. Although oil demand is ...

  • Most oil ministers see no Opec output change 5 Dec 2009 05:30 GMT
    ... ...

  • Most Arab oil ministers see no OPEC output change 5 Dec 2009 06:23 GMT
    ... ...


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