Iran’s oil production has surpassed 3 million barrels per day, Reuters reported, citing Iran’s Oil Minister. “Over the last 20 months, Iran’s oil production has reached levels above 3 million barrels per day and natural gas output has reached more than 1 billion cubic meters,” Javad Owji said. Iran pumped 2.4 million barrels per day […]
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Ghana wants to double oil production by end of 2023
Ghana, which is one of Africa’s fastest-growing oil and gas markets, is seeking to double its crude oil production by the end of this year, African Energy Chamber said in a statement. The country is seeking to double production from around 180,000 barrels per day (bpd) to 420,000 bpd, supported by commercial discoveries in the […]
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Aramco’s massive production expansion to support China’s energy strategy, CEO Amin Nasser says
Saudi Aramco’s oil production capacity expansion by a million barrels per day to 13 million barrels by 2027 will strengthen China’s long-term energy security, company President and CEO Amin H Nasser told China Development Forum 2023. In addition, the oil major will increase its gas production by more than 50% by 2030, which should release an additional […]
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Oman ramps up oil production, data shows
Oil production in the Sultanate of Oman increased by 3.6%, reaching 33.23 million barrels by the end of January 2023. Crude oil production recorded 25.9 million barrels, while the production of condensate oil reached about 7.45 million barrels, according to preliminary data issued by the National Center for Statistics and Information. China topped the list […]