The Permian produced about 3.4 million barrels of oil per day in August.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
Read More »China’s Natural Gas Appetite
PetroChina’s domestic crude oil production dropped by 1.3 percent in the first half of 2018.
Read More »US Oil Production Rises as Texas Ups Drilling
Output in Texas. the nation'.s largest gas producer. increased 1.5 percent in June to 23.9 bcfd.
Read More »OPEC Production Hits 2018 High
The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.
Read More »Zarubezhneft Mulls Joint Oil Production in Uzbekistan
Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.
Read More »US Sanctions Harmful for Europe Firms
The Europe is reliant on oil imports for 98 percent of demand.
Read More »PetroChina will Grow Natural Gas Output Faster Than Oil
LNG is playing an increasingly important role in China'.s energy security.
Read More »US Oil Rig Count Rise
U.S. crude oil production in 2018 is expected to rise 1.31 million barrels per day.
Read More »Equinor Seeks to Build a Core Area in Brazil
Over the last year Equinor has actively participated in new offshore licensing rounds.
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