Tag Archives: Drilling

ExxonMobil. ENI and Total have all said they are committed to energy drilling near Cyprus.

Drilling for oil and gas in Canada will likely decline by 5 percent in 2019.

Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.

Third-quarter profits for oil producers generally should be higher than a year ago.

The expansion will put Qatar well ahead of Australia.

Up to £330bn could be spent on extracting oil and gas from UK waters over the next three decades.

U.S. crude oil production has climbed by almost a third since mid-2016 to around 11 million barrels per day.

Saudi Arabia has been raising its production faster than many expected.

Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.

Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.