IEA's Birol Urges Oil Producers to Pump More

Monday, March 14, 2022

 International Energy Agency (IEA) chief Fatih Birol on Monday urged oil-producing countries to pump more to stabilize markets affected by the war in Ukraine.

After an initial release of 62 million barrels, the IEA would make further releases if "conditions stay or worsen", Birol told an energy conference in Rabat.

"Every responsible oil producer needs to put more oil in the market," he said via video conference.


(Reuters - Reporting by Ahmed El Jechtimi; editing by Jason Neely)

Categories: Energy Activity Production

Related Stories

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Oil Climbs on US-Iran Deal Uncertainty

Oil Hits Four-Month Low After US-Iran Doha Talks

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Iran Restarts Output at Three South Pars Offshore Gas Platforms

Current News

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

ADNOC, XRG and Mitsui Broaden Energy Cooperation

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