Oil Production News Monitoring

Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices 6% lower

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024.  Maxim Shemetov | Reuters Eight key OPEC+ producers on Thuesday agreed to …

OPEC+ to Raise Oil Production by More Than Expected in May

OPEC+ is going full throttle with reversing the production cuts with output set to rise by more than expected in May, “in view of the continuing healthy market fundamentals and the positive market outlook.” The OPEC+ countries that have been cutting their …

Local Communities Threaten to Shut Down Oil Production in Bayelsa State, Issue 14 Days Ultimatum

 Local communities in Bayelsa State have warned they will shut down key oil fields within 14 days. They are protesting the removal of a community-backed security firm from protecting oil operations.The affected communities, known as KEFFES, are demanding …

OPEC+ speeds up oil output hikes, oil drops

Eight OPEC+ countries agreed on Thursday to advance their plan for oil output hikes by increasing oil output by 411,000 barrels per day in May, an unexpected decision that prompted oil prices to extend earlier losses. Oil, which was already down over 4% on …

OPEC+ unexpectedly speeds up oil output hikes, oil drops

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 barrels per day in May, a decision that …

OPEC+ to advance oil output hike plan with bigger May boost

Eight OPEC+ countries agreed on Thursday to advance their plan for oil output hikes by increasing oil output by 411,000 barrels per day in May. "This comprises the increment originally planned for May in addition to two monthly increments," OPEC …

OPEC+ to advance oil output hike plan, oil drops

LONDON/MOSCOW: Eight OPEC+ countries agreed on Thursday to advance their plan for oil output hikes by increasing oil output by 411,000 barrels per day in May, prompting oil prices to extend earlier losses. “This comprises the increment originally …

OPEC+ to raise crude oil output by 411,000 b/d in May

Eight key members of the OPEC+ grouping on Thursday announced a cumulative crude oil output ramp up of 411,000 barrels per day (b/d). The eight OPEC+ countries — which previously announced additional voluntary adjustments in April and November 2023, …

Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

Norwegian oil and gas player Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years. …

Mexico Revises Oil Production Down

Mexico’s finance ministry has revised the country’s crude oil production rate for the year by 129,000 bpd less than previously expected. Instead of 1.8 million bpd—the target set by President Claudia Sheinbaum—Mexico is seen producing 1.762 million bpd, …

8 OPEC nations boost crude oil production by 411,000 barrels a day

American shale oil producer Iron Oak Energy expands presence in Permian Basin

Aker BP, SLB, Stimwell Renew Alliance for Boosting Oil Production

Aker BP, together with SLB and Stimwell Services, has extended its well intervention and stimulation alliance agreement for another five years to further accelerate and boost oil production. Formed in 2019, the alliance has supported Aker BP’s operated …

Leaked files raise fears over safety of Shell oil production fleet, years after devastating spill

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are routine in the offshore oil industry, but something went …

Texas oil and gas production statistics for January 2025

AUSTIN Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for January 2025 came from 158,555 oil wells and 83,176 gas wells, a press release detailed. The RRC reports that preliminary total Texas …

OPEC+ ministers seen sticking to further oil output hikes as planned, sources say

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) - A meeting of eight top ministers of OPEC+ will likely keep oil output policy that calls for gradual oil output hikes from April unchanged, two OPEC+ sources said on Thursday. …

Eight OPEC+ countries to increase oil production growth to 411,000 barrels daily — OPEC

MOSCOW, April 3. /TASS/. Eight OPEC+ countries participating in voluntary oil production cuts made the decision to change the production schedule and boost oil production in May by 411,000 barrels daily, OPEC said on its website. The final …

TNP fire reduces daily crude oil production by 50,000 barrels 

  Oil production in Nigeria went down by 50,000 barrels a day to an average of 1.5 million per day, in line with its quota. Also, loading of the country’s Bonny Light crude grade faced delays following a fire at the Trans-Niger Pipeline. This is as the …

Crisis Looms As Niger Delta Communities Threaten Oil Production Shutdown

The host communities in the KEFFES region of Bayelsa State have given the Nigerian National Petroleum Company (NNPC) – Exploration & Production Limited (EPL) a two-week ultimatum to reverse a contentious decision regarding security vessel contracts at …

Campos Foundation Fuels STEM Dreams at Urban Promise Academy with New SmartLab

Campos Foundation donates $178K to bring hands-on STEM SmartLab to Urban Promise Academy, empowering Oakland students through tech and innovation OAKLAND, CA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Momentum is building in Oakland’s …

This Week in Construction: Top Innovations & Industry Trends – April 3, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Grady Campbell Launches TOP 50 Investment Banks in the Middle Market Awards Program

CHICAGO, IL, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Building on the success of its TOP 50 PE Firms in the Middle Market™ awards program, Grady Campbell, a leading creative agency focused on the middle market, has launched The TOP 50 …

Replace PTFE Tape with Oxygen-Safe Formula-8

Formula-8 is an oxygen-safe thread sealant engineered to eliminate the frustrations of tape and provide a long-lasting seal in the most demanding applications. LEWISTON, MN, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Fluoramics, a leader in …

HIF Global and Mabanaft sign e-Methanol offtake HOA

Global sustainable fuels demand expected to exceed 250 mtpa by 2035 HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- HIF Global, the leader in highly innovative fuels, and Mabanaft, global energy solutions provider, signed a Heads …

Inc. Names Oliva Gibbs LLP to its 2025 List of the Fastest-Growing Private Companies in the Southwest

Oliva Gibbs moved up 87 spots to rank No. 43 on Inc.’s list of the fastest-growing private companies in the Southwest, standing out among legal & energy firms. HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Inc., the leading media …

The Chill Brothers Honored with Prestigious Circle of Excellence Award

Lennox Industries Awards The Chill Brothers in recognition of Outstanding Service and Innovation in the HVAC Industry HOUSTON, TX, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- The Chill Brothers, a leading provider of residential and …

WorkingNation and WPVI-TV Present Breaking Barriers: Justice and Work, the latest in the Emmy Award winning series

PHILADELPHIA, PA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Breaking Barriers: Justice and Work, airing Saturday, April 5, 2025, at 7 PM ET, exposes the obstacles preventing Americans who have been justice-impacted from finding meaningful …

The New VisionGauge® 600 Series System Checks Turned and Rotationally Symmetrical Parts

The New 600 Series VisionGauge® Digital Optical Comparators are designed to check turned and rotationally symmetrical parts with high accuracy. POINTE-CLAIRE, QC, CANADA, April 3, 2025 /⁨EINPresswire.com⁩/ -- We are pleased to announce the release …

Encora Achieves Premier Tier Status in the Amazon Web Services Partner Network

The Premier tier status recognizes Encora's proven expertise and excellence in driving cloud transformation on the AWS platform. SANTA CLARA, CA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- Encora Achieves Premier Tier Status in the …

Business Reporter: Going it alone can increase the likelihood of not seeing digital transformation through

How working with a strategic partner can smooth the way LONDON, UNITED KINGDOM, April 3, 2025 /⁨EINPresswire.com⁩/ -- In an article published on Business Reporter, Darren Smith, Head of Transformation at Liberata, discusses how strategic partners …

Louisiana Mesothelioma Victims Center Recommends the Gori Law Firm to a Former Home Remodeler-Construction Worker with ...

NEW ORLEANS , LA, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- The Louisiana Mesothelioma Victims Center says, "If your loved one is a former home remodeler or construction worker and they have just been diagnosed with mesothelioma or …

New UP! Detect monitoring solution provides early warnings for reciprocating compressors

UP! Detect, offers vibration monitoring and cloud-based analysis to provide early warning of failures, enabling maintenance teams to plan ahead. WINTERTHUR, SWITZERLAND, April 3, 2025 /⁨EINPresswire.com⁩/ -- As a pioneering original equipment …

Burckhardt Compression wins order for Digital Monitoring Solutions in major Petrochemical facility in Saudi Arabia

The order underlines the company's strategy in expanding its digital offerings and will be supported by the opening of a new Service facility in the country. WINTERTHUR, SWITZERLAND, April 3, 2025 /⁨EINPresswire.com⁩/ -- Burckhardt Compression …

Pasadena HVAC Company Debunks Maintenance Myths That May Cost Homeowners

Local HVAC Company Clears Up Misconceptions That Could Cost Homeowners PASADENA, CA, UNITED STATES, April 2, 2025 /⁨EINPresswire.com⁩/ -- Misconceptions about HVAC maintenance can lead to higher energy bills, unnecessary repairs, and shorter …

E2SOL Solar-Powered Utility Median Barriers on Dubai Highways

DUBAI'S SOLAR POWER HIGHWAY MICROGRID POTENTIAL PROVIDENCE, RI, UNITED STATES, April 3, 2025 /⁨EINPresswire.com⁩/ -- E2SOL Solar-Powered Utility Median Barriers on Dubai Highways Rendering of an E2SOL Integrated Highway Median PV Microgrid …

Local Action, National Impact: Canadian Ocean Literacy Coalition Announces 2025 Grant Recipients

HALIFAX, Nova Scotia, April 03, 2025 (GLOBE NEWSWIRE) -- Ocean Week Canada is making waves again! The Canadian Ocean Literacy Coalition is proud to announce the 2025 recipients of their national microgrant program. A total of $71,377 has been awarded to 31 …

Action locale, impact national : La Coalition canadienne de la connaissance de l’océan annonce les récipiendaires de la ...

HALIFAX, Nouvelle-Écosse, 03 avr. 2025 (GLOBE NEWSWIRE) -- La Semaine de l’océan Canada fait encore des vagues ! La Coalition canadienne de la connaissance de l’océan est fière d’annoncer les récipiendaires 2025 de leur programme national de micro- …

H2 Clipper Transforms Aviation and Aerospace Manufacturing with Patented Swarm Robotics Innovation

SANTA BARBARA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- H2 Clipper, Inc. (“H2C”), a leader in sustainable hydrogen-based infrastructure and transportation, has been granted U.S. Patent No. 12,234,035 for the company’s innovative approach to using …

Origami Solar Expands Product Line to Meet Growing Demand for Innovative, U.S.-Made Steel Solar Module Frames

BEND, Ore., April 03, 2025 (GLOBE NEWSWIRE) -- Origami Solar, the industry leader in domestic steel solar module frames, is expanding its product line in response to customer feedback and growing market demand. As the industry transitions to steel frames …