Iraq to Further Cut Oil Output

Ahmad Ghaddar and Dmitry Zhdannikov
Tuesday, June 2, 2020

Iraq will further cut its oil output and remains committed to the OPEC+ deal, finance minister and acting oil minister Ali Abdul Ameer Allawi said on Twitter.

OPEC and its allies such as Russia are due to decide later this month whether to extend record oil cuts they approved in April. Iraq has shown weak compliance with its output reduction targets in May.+


(Reporting by Ahmad Ghaddar and Dmitry Zhdannikov; Editing by Jon Boyle)

Categories: Middle East Production Iraq

Related Stories

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Offshore Energy and Boosting the Energy Efficiency of Water Processes

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Aramco Expands US Partnerships with $30B in New Deals

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Brownfield Output Decline Accelerates, says IEA

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Current News

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Thailand's Gulf Energy Eyes Long-Term LNG Supply

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com