Tag Archives: Oil Price

Chile is set to become a key source of desalination project opportunities.

Not only is U.S. shale production growing. but the shale industry as a whole is expected to become profitable this year for the first time in history.

Rystad Energy expects production to rise rapidly beyond 100 000 bpd.

The company has been underexposed to the hottest market in global oil since the sale of its U.S. shale assets in 2010.

The study is based on date only up to October 2014.

Sechin said last month he was satisfied with oil prices rising to $70-$80 per barrel.

GDP growth forecast at 1.9 per cent in 2018 following Opec meeting in June.

OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.

Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.

Novak said higher crude prices this year would add 2.5 trillion roubles ($40.14 billion) to state coffers this year.