Green Car Congress
OCTOBER 26, 2017
The ‘Fragile Five’ petrostates—Iran, Iraq, Libya, Nigeria and Venezuela—continue to see supply disruption potential, with northern Iraq crude exports at risk due to an escalation of tensions between the (Kurdistan Regional Government), Baghdad and Turkey, while the United States has decertified the 2015 Iran nuclear deal,” U.S.
Green Car Congress
DECEMBER 11, 2013
Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola. mb/d in October, down by 2 mb/d on September and by 1 mb/d from the previous year, on sweeping plant maintenance and weak margins. Global refinery crude runs plunged to 73.6
Green Car Congress
JUNE 18, 2022
Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 As the refinery maintenance season winds down in the US, Europe and Asia and a rebound in Chinese throughputs gathers pace, global refinery activity is set for a solid recovery, IEA forecasts. mb/d in 2022 and 1.8 mb/d in 2023, according to IEA.
Green Car Congress
JULY 16, 2017
Maintenance of the field is expected, resulting in a shut-down of production—something that has been confirmed by Sadad Al Husseini, former VP Aramco. If Saudi Aramco or QP are already experiencing production threats, the situation in other production regions, such as Nigeria, Libya or Mexico, could be even more dire.
Green Car Congress
JANUARY 13, 2017
It’s a good time to do maintenance on oil fields during production cuts,” Al-Fezaia said, noting that Kuwait will lower output from 2.89 Moreover, Nigeria—which, like Libya, is exempt from the OPEC deal—is intent on restoring production. mb/d in December to 2.7 mb/d by the end of January.
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