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The production capacity of Darkhovin Oilfield had increased by 20.000 b d over the course of the past 12 months.

The total number of wells producing crude oil and natural gas in the United States fell to 982.000. down from a peak of 1.035.000 wells in 2014.

India'.s imports from the Middle East declined from 145.8 million tons in 2018 to 132.4 million tons last year.

China is. by far. the biggest market for OPEC+ crude exports. with the big Arabian Gulf producers particularly vulnerable.

The UAE wants to achieve gas self-sufficiency and possibly become a net gas exporter.

The oil market was under pressure because of coronavirus outbreak and as a result the oil price had fallen to below $60 per barrel. adding. Efforts must be made to ensure the market balance.

China is the oil market’s primary source of demand growth and measures taken to slow the spread of the coronavirus.

The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.

NISOC has successfully manufactured over 1.000 items used in the petroleum industry over the course of the past year.

The localization and optimal use of demulsifiers by the National Iranian South Oil Company (NISOC) have resulted in cost savings of the company by over Rl. 270 billion.