Barrel Completion Crude Oil 
Egypt Oil & Gas
MARCH 6, 2025
Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%
Oilholics Synonymous Report
OCTOBER 15, 2024
At the time of writing this post, The Oilholic noted that Brent and WTI front month futures contracts had breached their respective $74 and $70 per barrel floors. Then came a revelation that OPEC - deemed the most bullish of the crude oil demand growth forecasters - had revised its prediction lower for 2024 below 2 million bpd.
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Oil & Gas 360º
MARCH 10, 2025
Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).
Oil Gas Leads
MARCH 8, 2025
West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Scheduled for completion in early 2028 , with expansion potential beyond 400,000 bpd.
Oil Gas Leads
MARCH 10, 2025
crude oil production will rise from a record 13.2 million barrels per day (bpd) in 2024 to around 13.6 Crude oil production remains on track for record levels , even as rig counts fluctuate. million bpd in 2025. Key Takeaways The rig count decline is modest , suggesting a more stable period after recent additions.
Iraq Business News: Oil & Gas
FEBRUARY 24, 2025
According to what the Ministry described as data issued by secondary sources approved by OPEC , Iraq's crude oil production in January 2025 stood at 3.999 million barrels per day (bpd), reflecting adherence to agreed production levels. Haitham Al Ghais, OPEC Secretary-General.
Crude Oil Futures
DECEMBER 2, 2024
The analysts at S&P Global disclosed last week that the UAE has been exceeding the production by 700,000 barrels more than what it agreed to, with the OPEC+, from January to October.; It goes without saying that low production means loss of revenue; this is the lingering, major issue for the oil producers.
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