(Bloomberg) — OPEC’s oil production edged lower last month following a fire at Iraq’s biggest oil field, according to a Bloomberg survey ... The decline in Iraq offset modest increases in Kuwait and ...

Image by Artem_Egorov via iStock OPEC’s oil production edged lower last month following a fire at Iraq’s biggest oil field ... offset modest increases in Kuwait and Venezuela.

A fire broke out in a tank at the fifth ... specifically near the border with Kuwait, is one of the largest oil fields in the world, with estimated oil reserves of 17 billion barrels.

which account for more than 44 percent of the world’s total oil reserves. He explained that the Gulf region is home to the two largest fields in the world - Saudi Arabia’s “Ghawar” field and Kuwait’s ...

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week ...

Oil output at Iraq’s giant Rumaila field remains reduced by 300,000 barrels a day after a fire last week, according to an official. The timeline for a full recovery to previous levels of 1.2 ...

Kuwait possesses some of the world's largest crude oil reserves, enabling abundant and cost-effective domestic fuel production. Its rich oil fields and efficient infrastructure contribute to low ...

KUWAIT CITY, Feb 8: Kuwait Municipality has ... under Ministerial Resolution No. 329 of 2024 concerning the Al-Mangaf fire incident. In its response, the Municipality stated that a field inspection ...

Local Sudanese media report the RSF also surrounded the refinery with fields of landmines to slow any advance. But the facility, capable of handling 100,000 barrels of oil a day, remained broadly ...

Courage rarely comes naturally. Our brains are pre-programmed to move us away from danger. Courageous leadership is cultivated through making many decisions in high-pressure situations. Great leaders ...