Tag Archives: Oil Production

Production from at least one Libyan oil field has also been disrupted by a dispute over security guards’ pay.

By December 2017. the volume of active rigs was less than half of what it was two years earlier.

There’s speculation OPEC is willing to make official Russia’s involvement with the group.

Saudi Arabia could look to adopt nuclear energy as a way to move domestic energy consumption away from oil.

Production of all west Karoun oilfields which was 70.000 barrels a day reached over 300.000 barrels.

Oil companies have complained that the continued production cuts interfered with their growth plans.

EIA reported that Russia. however. is the largest oil supplier to the Chinese market.

Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.

These two companies will retain a shared 30 percent interest alongside operator ExxonMobil. which has a 35 percent stake.

ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.