Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

Personnel from the state-run Iraqi Drilling Company (IDC) operate a drilling rig at the Zubair oil field in Basra in September 2024. (Photo credit: IDC) Iraqi oil production fell by 200,000 bpd in the ...

The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Driving on the road in Oil and Gas industry zone, burning oil and gas flames next to road, pollution. 4 K video.

Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil revealed on Thursday that the country’s oil exports in 2024 surpassed 1.2 billion barrels, where China and India were the largest importers ...

- Economic slowdown in China, the world's largest oil importer, is exerting further downward pressure on oil prices ...

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Baghdad (IraqiNews.com) – Iraq, one of the world’s largest oil exporters, witnessed a remarkable year in 2024 as its oil exports reached new heights. While overall production was slightly ...

OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year. A worker stands at the al-Basra Oil Terminal ...