Tag Archives: Production

OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.

For 2020. Barclays said it expects Brent to average $75 per barrel. up from its previous forecast of just $55 a barrel.

In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.

PetroChina’s domestic crude oil production dropped by 1.3 percent in the first half of 2018.

Iraq’s exports from the south were set on a record pace in August.

The refinery is expected to cut Turkey'.s current account deficit by $1.5 billion.

14 petrochemical projects have been inaugurated since 2013. and six more projects will be inaugurated next year.

Construction is underway at the South Aluminum Corp (Salco) smelter to produce 300.000 tons per year in the first phase.

The October OSPs will also mark the first change in Saudi’s crude price benchmarks since the mid-1980s.

Output in Texas. the nation'.s largest gas producer. increased 1.5 percent in June to 23.9 bcfd.