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crude oil production

  • OPEC Headquarters at Vienna, Photo: Wikipedia
    OPEC to hold special meet in Cairo on Nov 29
    OPEC will hold a special meeting in Cairo on November 29 a spokesman for the organisation said on Friday amid some pressure in its ranks, notably from Iran, for a new output cut to hold up prices.
  • Abdalla Salem El-Badri, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC). Photo Courtesy: AP.
    OPEC chief warns of new output cuts
    The head of the OPEC oil producers’ cartel warned on Tuesday that it could cut output again if prices keep falling despite an emergency reduction last week.
  • Iranian Oil Minister, Gholam Hossein Nozari. Photo Courtesy: AP
    Iran urges OPEC to cut oil output
    Iran's oil minister on Thursday said that a drop in demand meant OPEC should decide to cut production by two million barrels per day when it meets for a meeting in Vienna on Friday.
  • Oil pump jacks. Photo Courtesy: AP
    India's crude oil production down by 3% in July
    India's crude oil production fell 3 per cent in July on lower output from fields operated by state-run Oil and Natural Gas Corp and private firms.
  • Oil and Natural Gas Corp logo.
    India's crude oil production rises 3.2% in May
    India's crude oil production rose by 3.2 per cent in May 2008 on back of better performance by state- owned oil major Oil and Natural Gas Corp, while refinery output remained unchanged.
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