Tag Archives: Production

Upstream oil and gas spending in 2018 rose by nearly 4percent year-on-year to $477billion.

Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.

Investors are focusing on the US-China trade tensions.

The EIA projected gas output would increase in most of the big shale basins in June.

Iran will continue to exports aluminium to its neighbouring countries despite US sanctions.

Uncertainty is expected in oil markets in the next three months due to ample supplies as well as Iran’s ability to continue to export despite sanctions by the US administration.

The fire was completely put out on Tuesday. but some parts of the pipeline needed extra work to ensure the safety of crude transfer.

US commercial ships including oil tankers sailing through key Middle East waterways could be targeted by Iran in one of the threats to US interests posed by Tehran.

The dearth of information is a headache for OPEC and allies led by Russia.

The Trump administration announced new sanctions on Iran'.s metals sectors. steel. aluminum and copper industries. on Wednesday.