Tag Archives: Oil Production

The officials agreed on Monday that any threat to oil facilities infringed on the interests of all countries of the world.

Rig counts have fallen sharply over the past year. down more than 20 percent from late 2018.

The neutral zone. which has been shuttered for at least four years. can produce as much as 500.000 barrels a day.

Demand for key Russian oil grades sold in Asia has been strong in the past month.

One rough and ready way to value Aramco is to look at dividend yield.

Russia and OPEC+ nations agreed to extend crude output reduction starting July.

Indonesia'.s oil and gas production reached a record 1.6 million barrels per day in the mid-1990s.

Abqaiq was struck 18 times in total. with 11 hits on its giant spheroids. which separate natural gas and water from the oil.

The gas price spike started last month after Saudi Arabia oil production facilities were attacked.

The attack by Yemeni forces last month shut down 5.7 million bpd of Saudi Arabia’s oil production.