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A service for energy industry professionals · Tuesday, January 21, 2025 · 778,823,894 Articles · 3+ Million Readers
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OPEC Production News Monitoring

  • Published on Jan 19, 2025

    Petrol price hike: Queues resurface at filling stations

    Oil marketers have declared that filling stations should not be blamed for the hike in the pump prices of Premium Motor Spirit, popularly called petrol, as queues for the commodity surfaced in various locations on Saturday. Many filling stations in Lagos, …

    Source: Punch - Uncategorized
  • Published on Jan 18, 2025

    Dbaiba meets with the secretaries of international and regional oil organizations.

    Tripoli, January 18, 2024 (LANA) - The Prime Minister of the Government of National Unity, "Abdul Hamid Dbaiba", met with the heads and secretaries of international and regional oil organizations participating in the work of the third edition of …

    Source: Libya News Agency - Label Pending
  • Published on Jan 18, 2025

    Iraq loses 6000 MW daily as Iran halts gas supply; Turkmen deal expected to help

    2025-01-18T14:49:34+00:00 font Enable Reading Mode A- A A+ Shafaq News/ Iraq continues to suffer from a significant power shortage, losing 6000 megawatts daily due to the halted supply of Iranian gas, Minister of Electricity Ziad Ali Fadhil announced …

    Source: Shafaq News - Uncategorized
  • Published on Jan 18, 2025

    Drop in gas prices could hand Trump an early economic win

    Donald Trump has promised that he will lower energy costs for Americans by loosening regulations around oil and gas drilling in order to boost supply. And while it's unclear if the industry will have an incentive to do that, in the immediate term, oil …

    Source: Yahoo Finance - Label Pending
  • Published on Jan 18, 2025

    Chief of Libya’s National Oil Corporation resigns

    Libya’s National Oil Corporation (NOC) announced on Thursday that the Government of National Unity’s head, Abdulhamid Dbeibah, has accepted the resignation of the NOC Chief, Farhat Bengdara, due to urgent health conditions that prevented him from …

    Source: Middle East Monitor - Uncategorized
  • Published on Jan 18, 2025

    Saudi economy expected to grow 3.3% in 2025: IMF

    Saudi Arabia’s economy is expected to grow by 3.3% and 4.1% in 2025 and 2026, respectively, a new report released by the International Monetary Fund (IMF) showed.   The fund raised the 2025 growth forecasts from 4.6% previously in October due to extending …

    Source: Eye of Riyadh - Pro-Government
  • Published on Jan 18, 2025

    Middle East Cease Fire Dips Oil Prices

      Uche Cecil Izuora Global oil market has witnessed a dip in oil prices amidst mounting supply risk relating to U.S. sanctions on the Russian complex. Brent traded below $82 on market riskoffs sentiment as Israeli and Hamas ceasefire ignites hope. Oil …

    Source: Oriental News Nigeria - Neutral
  • Published on Jan 18, 2025

    IMF raises global growth forecast, highlights economic disparities

    TDT | agencies Email: mail@newsofbahrain.com Global growth is projected to rise slightly to 3.3% this year, the IMF said in an update to its World Economic Outlook. This marks a 0.1 percentage point increase from its October forecast but remains below the …

    Source: The Daily Tribune - News Of Bahrain - Pro-Government
  • Published on Jan 18, 2025

    Crude supply: CORAN urges FG to support local refineries with assets 

    The Crude Oil Refinery-owners Association of Nigeria (CORAN) has called on the Federal Government to consider supporting local refineries with production and processing assets to help them thrive. The call was made by CORAN Publicity Secretary, Eche Idoko, …

    Source: Nairametrics - Neutral
  • Published on Jan 18, 2025

    Energy Industry Leaders Gather In Tripoli For Libya Summit

    (MENAFN- Kuwait News Agency (KUNA)) TUNIS, Jan 18 (KUNA) -- Libyan Prime Minister Abdulhamid Mohammad Al-Dbeibeh opened the third Libya Energy and Economic Summit in Tripoli on Saturday in the presence of OPEC and OAPEC secretaries general Haitham Al-Ghais …

    Source: MENAFN - Uncategorized
  • Published on Jan 18, 2025

    Text of Iran-Russia joint comprehensive strategic agreement

    According to IRNA, the text of the comprehensive strategic joint agreement between the Islamic Republic of Iran and the Russian Federation, which was signed by the presidents of the two countries, Masoud Pezeshkian and Vladimir Putin, on Friday, January 17 …

    Source: Mehr News Agency - Gov't Propaganda
  • Published on Jan 17, 2025

    Oil Near 5-Month Highs: 4 Strong Buy High-Yield Dividend Giants Wall Street Loves

    Investing Washburn HM / Shutterstock.com This time, a year ago, West Texas Intermediate (WTI) was trading in the $90 range, but since a peak of $83.57 in late April, the price for the benchmark giant has traded flat for the past five months until …

    Source: 24/7 Wall St. - Neutral
  • Published on Jan 17, 2025

    Canada’s Conservatives want their own National Energy Program

    History may often rhyme, but it gets downright poetic when it comes to the Trudeaus and Alberta’s oil and gas industry. Take Pierre Trudeau’s National Energy Program, which has been the bête noire of Albertans for more than 40 years now. It sought to grow …

    Source: Canada's National Observer - Left-wing
  • Published on Jan 17, 2025

    US FTC finalizes consent order for $53 billion Chevron-Hess merger

    (Reuters) - The U.S. Federal Trade Commision (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron's $53 billion takeover of Hess. According to the order, John Hess, CEO of the oil and gas producer, will be …

    Source: Yahoo Finance - Label Pending
  • Published on Jan 17, 2025

    North Dakota oil, gas rise in November; regulator says consolidation behind rig count dip

    North Dakota oil and gas production rose in November following a dip in October attributed to record-breaking wildfires, according to the state oil regulator. The state produced an average of 1.22 million barrels of oil per day in November, up about 3.6% …

    Source: The Bismarck Tribune - North Dakota - Neutral
  • Published on Jan 17, 2025

    Is $80 Oil Here to Stay?

    The global oil market entered uncharted territory this week as the United States tightened its grip on Russian oil exports through sweeping sanctions. These new measures, targeting 183 oil tankers and major producers such as Gazprom Neft and Surgutneftegaz …

    Source: Oil Price - Neutral
  • Published on Jan 17, 2025

    Macquarie says oil markets face volatility amid Trump 2.0 policy uncertainity

    Investing.com -- Oil markets are set to experience heightened volatility as the global energy sector braces for potential shifts in U.S. policy under Trump's second term, according to Macquarie analysts.  The firm, in a note this week, highlighted the …

    Source: Investing - Neutral
  • Published on Jan 17, 2025

    IMF raises global growth forecast and notes growing economic divergences

    In an update to its flagship World Economic Outlook report, the International Monetary Fund said it expects global growth to reach 3.3 percent this year, up 0.1 percentage point from its previous forecast in October, and to remain at 3.3 percent through …

    Source: BGNES - Neutral
  • Published on Jan 17, 2025

    Nigerian Refineries Set To Process 770,500 Barrels Of Oil In H1, 2025

      Valentine Okafor Dangote Petroleum refinery, and eight other domestic refineries are projected to process 770,500 barrels of oil equivalent per day (bbd) from January to June 2025. Government is already working to upscale production capacity to ensure …

    Source: Oriental News Nigeria - Neutral

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