Tag Archives: Production

OPEC. together with its allies. has been withholding production since the start of the year to prop up the market.

Russia’s average daily oil output has dropped to a three year-low in June.

Other energy prices. like coal and gas. are also being hit hard by the downturn.

The group'.s total output declined by 1.3% last year.

SOCAR Turkey will supply 700.000 tons of jet fuel to Istanbul Airport on an annual basis.

Every year the oil ministry sets some tasks and goals for its subsidiary companies to fulfill by the end of the fiscal year.

Increasing trade friction and potential barriers would certainly have a negative impact on the global economy and oil demand growth.

Russia’s exports to countries outside the former USSR in May dropped to 20.17 MM tons.

More than 300 Boeing 737 jets. including the Max. may have wing parts that could have been improperly manufactured and may not meet regulatory requirements for strength and durability.

Mexico is kicking off the construction of its $7.7 billion (150 billion peso) oil refinery.