Tag Archives: Production

OPEC and its allies agreed in late 2016 to cut output from 2017 by around 1.8 million barrels per day (bpd) versus October 2016 levels.

Sinopec expects its crude oil output to remain stable over next three years.

Most of the oil production growth of the United States comes from the Permian Basin.

Venezuela is coping with one of the worst economic disasters in the world.

According to analysts. Iran’s crude oil exports have fallen sharply due to US sanctions.

Now. the share of wind and solar energy in Kazakhstan’s general energy balance is 1 percent.

The pipeline is expected to deliver 55 billion cubic meters of Russian natural gas per year to the European Union.

Oil prices rose on Friday. supported by signs that US sanctions on Iran are already reducing global crude supply.

The company’s ultimate vision is to have an entirely automated oilfield and yes. this means robots.

Sakhalin Energy is a joint venture between Gazprom (50%). Shell (27.5%) and Japanese trading houses Mitsui (12.5%) and Mitsubishi (10%).