Tag Archives: Production

In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.

The Yamal LNG production adds competitive LNG resources to our growing portfolio.

The EU and US work to facilitate trade in liquefied natural gas (LNG).

The acquisition will see OMV take ownership of Shell’s full New Zealand portfolio.

The Permian Highway Pipeline will provide additional capacity for reliable transportation of natural gas to the U.S. Gulf Coast.

A rise in crude prices triggered by supply uncertainties could dampen demand for oil.

At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.

As the row deepens. oil was bound to become the center of attention. albeit briefly.

U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.

Currently. oil product exports are taxed on the basis of a percentage of the crude oil export duty. which is tied to the price of oil.