UAE, Kuwait to hike oil production capacity
124429
THE UAE and Kuwait plan to increase oil production capacity by nearly 3,00,000 bpd and 2,00,000 bpd respectively in the short term in a bid to stabilise the market, which has been rocked by high oil prices touching $53 per barrel prior to the week end.
637970
Saudi Arabia plans to expand its oil output capacity by 14 percent over the next few years to avert shortages as demand rises, the nationâs oil minister said Monday.
743392
Here's a way to benefit from an increase in the global demand for oil.
525340
Kuwait plans to spend some $30 billion  to $40 billion to upgrade its energy sector, and to increase  oil production capacity 60 percent to four million barrels per  day by 2020, top oil officials said in remarks published in  local newspapers on Sunday.
458223
The Organization of Petroleum Exporting Countries (OPEC) decided on Wednesday to raise its oil production quota by one million barrels a day from Nov. 1 in a step to soothe market nerves over climbing oil prices.
583750
SYDNEY (Dow Jones)--OPEC should reaffirm its willingness to increase oil production when it meets next month and give a clear commitment to boosting production capacity, the head of the International
574080
Cairo - The push to cut Opec oil production grew yesterday with the minister of the United Arab Emirates saying on the eve of a meeting of the oil producers&#39; cartel that members had to honour output quotas to stem oversupply and falling prices.
41069
RIYADH: Saudi Arabia will increase oil production capacity to 11 million barrels per day (bpd) within weeks in a bid to curb record prices, Oil Minister Ali Al Nuaimi said yesterday.
364574
Saudi Arabia&#39;s Oil Minister Ali Naimi said the kingdom has raised its capacity to 11 million barrels per day. Kuwait&#39;s Oil Minister Sheikh Ahmad Fahad Al Sabah called on OPEC
236430
World demand for oil will rise more than expected while supplies will remain tight up to 2012, experts say.
545074
OPEC on Wednesday agreed to lift formal output quotas by one million barrels a day, four percent, to 27 million barrels a day, an OPEC delegate said.
191143
The world's top finance officials on  Friday asked oil-producing nations to step up production and  agreed it was crucial to work out exactly why prices have  soared to levels that threaten global growth.
220500
Kuwait&#39;s foreign minister said Wednesday that Middle East oil exporters are producing at maximum capacity to stabilize prices that are being driven up by speculators from outside the region.
84237
Saudi Arabia persuaded OPEC to raise oil output by 500,000 barrels per day on Tuesday in a gesture to consumer nations worried by the economic impact of $77 oil and rapidly diminishing fuel stocks.
423691
Top oil exporter Saudi Arabia vowed on Sunday to maintain spare oil production capacity of 1.5 to 2 million barrels per day and said it was prepared to hike output to meet customer demand.
398401
OPEC agreed today to increase its crude output by 500,000 barrels a day in an effort to calm jittery markets.
147449
Global oil demand will rise significantly next year, the International Energy Agency says, pushing up prices.