Tag Archives: Production

Tokyo is pressing Mitsubishi and Mitsui to make a decision.

The shale revolution has made the US the world’s top oil producer and is reshaping the global oil market.

US plans to sell up to 6 million barrels of crude oil from the Strategic Petroleum Reserve in April.

The Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day.

The IEA has long emphasized the role of China. India. and other countries in Asia in driving global natural gas demand.

The 11 OPEC member states committed to the agreement attained in February 101% of the agreed cuts.

Gazprom estimates that its share of the European gas market grew to 36.7% in 2018.

Cosmo Oil was among the first Japanese refiners along with Showa Shell. Fuji Oil to resume Iranian crude loadings in January.

Trump on Monday expressed concern about oil prices.

The company is looking at an around 30%-40% downstream integration in its refineries from 11% in recent years.