Russia’s crude oil production in April stood at 11.24 million barrels per day. still slightly off its promised level of 11.191 million bpd.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Cuba is China’s Newest Oil Hotspot
Cuba desperately needs new oil to help meet its energy needs.
Read More »Cuba is China’s Newest Oil Hotspot
Cuba desperately needs new oil to help meet its energy needs.
Read More »Russia Explores $164Bln Worth of Arctic Projects
President Vladimir Putin has promised tax incentives and other benefits to encourage companies to develop the Arctic region.
Read More »Chinese Demand will Boost Oil Prices
In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.
Read More »Arctic Gives Russia Greater Energy Dominance
Novatek became Russia’s top LNG producer after starting up its plant in the Yamal peninsula almost two years ago.
Read More »Shale Jobs in Jeopardy despite Oil Price Rally
US shale drillers have run into a series of problems that have resulted in increased scrutiny on their operations.
Read More »Libya will Lose Oil Production if Fighting Continues
The EU issued an official statement urging the sides in the conflict to stop the violence.
Read More »Venezuela`s Oil Supply Collapse Tightens Global Market
Venezuela. plus Iran and Libya. were exempted from making voluntary curbs under the OPEC+ deal.
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