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Kazakhstan pledges compensation for 2024 oil overproduction under OPEC+ deal
25 Apr 2024 04:46 GMT
… Committee (JMMC) of OPEC+. According to the ministry … with the agreed production limits under the OPEC+ deal.
Photo … obligation by adjusting future production volumes accordingly.
Photo: … OPEC+ strategy to stabilize the global oil market by adjusting output …
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OPEC keen to cooperate with Namibia
24 Apr 2024 20:03 GMT
… of the Petroleum Exporting Countries (OPEC) secretary general Haitham Ghais says … the world.
According to OPEC’s World Oil Output, the global population …
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OPEC Would Open Arms to Namibia, Encourages Investors to Consider
24 Apr 2024 19:37 GMT
… discoveries lining up and first production of 2.6 billion … the potential of the Namibian OPEC partnership and stand ready … .
Namibia, which now has OPEC’s verbal support for potential … barrels per day of peak production capacity, Reuters reported, citing …
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OPEC excited about partnership with Namibia
24 Apr 2024 16:56 GMT
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais … oil exploration journey.
The OPEC+ oil producers coalition, … (bpd) of peak production capacity by the next … 39;s output, Namibia's production capacity could …
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Kazakhstan to compensate for overproduction of oil under OPEC+ deal during 2024
24 Apr 2024 16:11 GMT
… production exceeded in the first quarter within the framework of the OPEC … country exceeded its oil production commitments by 131,000 … 2024.
In March, several OPEC+ countries, including Russia and … voluntary reductions in oil production, which were originally …
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Kazakhstan to offset Q1 excess oil production under OPEC+ deal during 2024
24 Apr 2024 14:44 GMT
… compensate for excess oil production under the OPEC+ agreement during 2024, the … ;
Kazakhstan overshot its oil production quota under the OPEC+ deal by 131 …
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Kazakhstan to offset Q1 overproduction under OPEC+ deal
24 Apr 2024 13:49 GMT
… first-quarter overproduction under the OPEC+ oil output reduction deal throughout this …
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US Shale Resilience Puts Pressure on OPEC+
24 Apr 2024 13:47 GMT
… in US crude oil production and exports represents a … challenging the traditional dominance of OPEC+ countries. This report explores … the United States and OPEC+ employ in response to … and Europe, traditionally held by OPEC+ members. The exploitation of …
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Local production could help stabilise global oil prices
24 Apr 2024 10:53 GMT
… oil prices.
Despite decreasing production in Organization of the Petroleum Exporting Countries (OPEC) countries, oil prices … crude oil, thanks to record output from the United States, … overtaken pre-pandemic output levels …higher oil production in Guyana was …
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NNPC Ltd, partner unlock 12,000bpd production at Awoba Unit Field
23 Apr 2024 15:22 GMT
… Exploration and Production Ltd., have restarted production at Awoba … Petroleum Exporting Countries (OPEC) production quota.
He ascribed … lifted overall national production.
Besides the recent … to the nation’s production output since their restart. ( …