Tag Archives: Oil Production

Saudi Arabia might be seeking to expand its oil production by building an oil port in Yemen’s al-Mahra governorate.

About 64% of Venezuelans report having lost an average of 24 pounds in 2017.

President Trump earlier this year announced the U.S. is re-imposing sanctions on Iran that will include Iranian oil sales.

Short-cycle U.S. shale production is growing and will grow next year too.

Over the past week Libya’s crude oil production has exceeded 1 million bpd for the first time since June.

Saudi Aramco is moving steadily to build a world leading position in the downstream segment of the business.

Iran'.s oil production in July increased to 3.806 million bpd. a 4.000 bpd rise from 3.802 million bpd in June.

The OPEC remains positive on the overall oil demand.

OPEC expects that average oil production in Russia will be 11.15mn barrels per day in 2018 and 11.17mn barrels daily in 2019.

China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.