Oil production in Azerbaijan stood at 826.000 barrels per day. or 1.6 percent less than in 2015. according to the report.
Read More »BP: Russia Kept Leadership in Global Oil. Gas Exports in 2016
The export of Russian oil grew by 2.1 percent. to 8.6 million barrels per day last year.
Read More »BP`s Decision about Future Role in Southern Ahvaz Oilfield
BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.
Read More »OPEC Expects Non-OPEC Oil Supply to Increase in 2H2017
In 2017. non-OPEC oil supply is projected to grow by 0.84 million barrels per day.
Read More »Iraq Plans to Double Exports from Amaya Oil Terminal to 1 Million bpd
Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.
Read More »No Immediate Need to Adjust Oil Pact
Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.
Read More »SZOGPC Speeding Up Operations in Central Oil and Gas Fields
Latest estimates show the field holds 1.53 billion barrels of mostly light crude oil in place.
Read More »Qatar Diplomatic Row Unlikely to Affect Vienna Agreement
Russia does not expect the latest regional diplomatic crisis with Qatar to affect an agreement among major producers to cut oil output.
Read More »OPEC Considers How to Coexist with U.S. Shale Oil
For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.
Read More »15% Companies First Time to Attend Caspian Oil & Gas Exhibition in Baku
The conference. timed to the exhibition. will be attended by over 400 delegates from 30 countries.
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