oil production

South Sudan plans to increase oil production despite fighting

South Sudan is planning to increase its oil production from 130,000 to 350,000 barrels a day despite the ongoing armed conflict, Petroleum Minister Ezekiel Lul Gatkuoth said Sunday.

Top oil producers fail to reach cap deal at Qatar talks

Top oil producers Sunday delayed an agreement to freeze the crude output levels to shore up low prices, saying they needed “more time for further consultations.”

Russia, Saudi Arabia spearhead deal to freeze oil production levels

Russia, Saudi Arabia, Qatar and Venezuela are ready to freeze oil production at January's level if other producers do the same, Russian Energy Minister Alexander Novak tells the Interfax news agency.
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