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Drilling & Production
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The Middle East Energy Awards
OPEC fund approved $243 million to support developing countries
$163 million will go to the public sector, and $80 million to .....
OPEC compliance reached 87% in May 2020
GCC nations made additional cuts to help boost compliance
Fresh OPEC+ cuts point to crude and condensate supply deficits through 2021
The last surplus month appears to have been May
Oil rises on OPEC+ meeting rumors
Oil prices got a boost this morning on rumors that the coming .....
OPEC president calls for earlier meeting
He has proposed moving the OPEC meeting a few days earlier, and .....
OPEC supply cut compliance at 74% in May
While Saudi Arabia and other Gulf countries made additional cuts to their .....
Saudi Arabia and Iraq will cooperate to balance oil market
Foreign Minister Faisal bin Farhan noted a desire to reinstate the Saudi .....
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