oil production News

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• Kremlin Rejects OPEC+ Output Changes as Brent Crude Surpasses $100 Amid Global Energy Standoff

  Published: Apr 23, 2026

  Section: Europe

  Kremlin spokesman Dmitry Peskov confirmed on Thursday that Russia and its OPEC+ partners have no immediate plans to adjust oil production volumes, despite the escalating Middle Eas...

• International Energy Agency Prepared for Unprecedented Emergency Oil Release as Iran Conflict Cripples Middle East Production

  Published: Apr 13, 2026

  Section: Iran War

  IEA Executive Director Fatih Birol has signaled a readiness to deploy further emergency oil reserves as the conflict with Iran triggers the most severe energy disruption in history...

• NUPRC Chief Demands Shift From Paper to Performance to Secure Nigeria’s 37 Billion Barrel Oil Reserves

  Published: Apr 9, 2026

  Section: Africa

  Oritsemeyiwa Eyesan, Chief Executive of the NUPRC, warned Thursday that Nigeria’s petroleum reforms must transition from theoretical regulations into disciplined execution to unloc...

• National Assembly Affirms Tantita Security Contract as Nigerian Oil Production Surges to 1.8 Million Barrels Daily

  Published: Apr 9, 2026

  Section: Africa

  The National Assembly’s joint committees on Petroleum Resources officially dismissed three petitions against private pipeline surveillance contracts, citing a massive recovery in c...

• Political Analyst Ahmed Al Aboud Demands New Libyan Economic Model To Resolve Institutional Deadlock And Budgetary Mismanagement

  Published: Apr 3, 2026

  Section: Opinion & Analyses

  Analyst Ahmed Al Aboud has warned that Libya’s economic debates remain unrealistic without an officially approved state budget implemented through the Central Bank. He advocated fo...

• Unleashing American Energy: The Strategic Doctrine Driving U.S. Military Interventions in Venezuela and Iran

  Published: Apr 1, 2026

  Section: Politics

  President Trump’s "energy dominance" strategy has transformed U.S. foreign policy into a proactive tool for securing global fossil fuel supremacy. By targeting energy-rich rivals l...

• Governor Oborevwori Cites Enhanced Federal Resource Access Following Strategic Shift To All Progressives Congress Alignment

  Published: Mar 28, 2026

  Section: Africa

  Delta State Governor Sheriff Oborevwori has defended his 2025 defection to the All Progressives Congress as a functional success for state governance. Speaking from the national co...

• Iraq’s Oil Production Collapses as War Conditions and Hormuz Blockade Force Massive Project Suspensions

  Published: Mar 27, 2026

  Section: Global Economy

  Iraq’s energy sector has reached a near-standstill as the ongoing regional war forces the suspension of most oil activities and construction projects. With southern exports halted...

• Federal Government Mandates Immediate Oil Production Surge to Capitalize on Global Energy Supply Shortfalls

  Published: Mar 19, 2026

  Section: Africa

  Minister of State for Petroleum Resources Heineken Lokpobiri has challenged oil and gas operators to accelerate output during a strategic industry meeting in London. The directive...

• Iraq faces national grid instability and massive revenue losses as Rumaila power plant loses 1,900 MW

  Published: Mar 5, 2026

  Section: Global Economy

  A sudden drop in gas supplies at the Rumaila gas power station in Basra has triggered a partial collapse of Iraq's national electricity grid, resulting in the loss of 1,900 megawat...