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The U.S. Gulf Coast saw its crude oil imports in March at their lowest level since 1986.
Read More »U.S. Gulf Coast Oil Imports Hit 33-Year Low
U.S. Total Oil Output Poised To Set New 2019 Record
US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year.
Read More »Iran Has No Intention of Withdrawing From OPEC
Iran has no plans to leave OPEC.
Read More »OPEC Close to Agreeing Oil Pact Extension
OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.
Read More »Technology Center to Be Established for Developing Achimovsky-Strata Oil Deposits in Russia
Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.
Read More »New Wells Boost Wyoming Oil Production to Highest Level in 25 Years
The Wyoming State Geological Survey (WSGS) completed its 2019 update to the Interactive Oil and Gas Map of Wyoming.
Read More »Horizontally Drilled Wells Dominate U.S. Tight Formation Production
Wells drilled horizontally into tight oil and shale gas formations continue to account for an increasing share of crude oil and natural gas production in the United States.
Read More »Russia`s 2019 Growth Outlook due to Lower Oil Output
Russia’s average daily oil output has dropped to a three year-low in June.
Read More »Oil Minister Outlines Priorities for Major Subsidiaries
Every year the oil ministry sets some tasks and goals for its subsidiary companies to fulfill by the end of the fiscal year.
Read More »Russia Meets Its OPEC+ Target in May amid Dirty Oil Crisis
Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.
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