Tag Archives: Production

The oil market is in a better place today than it was a few years ago.

Currently. 445 megawatts of renewable energy power plants are under construction in the country.

Earlier this year Gazprom said exports could reach 205 Bcm in 2018.

Russia and Saudi Arabia were the world’s top two oil producers until this year.

Gazprom covers about one-third of European consumption.

If the issue of national production is resolved. the unemployment rate will be reduced for sure.

The gas being exported out will likely fetch higher prices right now in Europe and Asia.

Average US exports of oil products have risen 7% so far this year.

Producers are ready to renew the agreement or increase cuts in case the market does not balance.

The 50 km2 energy city will be constructed at between Dammam and Al-Hasa in the heart of the Saudi energy business.