more
news
news
From the Field

ADNOC to trim oil output
ABU DHABI, October 3, 2017 – UAE Minister of Energy Suhail Al Mazrouei announced the country would cut oil production by 139,000 bopd, local media reported Monday.
ADNOC is set to reduce output by 15% for the Murban grade of crude, 10% for Das and 5% for Upper Zakum.
“The reduction approved by ADNOC comes in line with the UAE’s commitment to the OPEC decision,” Al Mazrouei said.
OPEC agreed to extend the global production cut agreement reached last year by a further 9 months in May.
Oil down, investors look to OPEC+ for stance
From the fieldOil boosted by Fed reassurance of low rates
From the fieldRepublic of Congo building $600-million refinery
From the field
Latest news and features
Most popular
Qatar hands $13-bln LNG deal to Chiyoda-Technip JV
From the fieldNew growth in Angolan logistics
INTERVIEWA strategic shipyard for Angola
INTERVIEWUganda refinery to see FID in February 2022
From the field