Tag Archives: Production

Iraq hopes to end gas flaring by 2021.

OPEC and its allies were poised to extend the pact into 2019 even as a global glut of crude was set to evaporate by September.

OPEC and its allies were poised to extend the pact into 2019 even as a global glut of crude was set to evaporate by September.

Indian oil imports will grow more and more driven by transportation. petrochemicals and other sectors.

The United States now produces more crude than top exporter Saudi Arabia.

Earlier this month. the Iraqi government approved a plan to increase crude oil production to 6.5 million barrels per day.

ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.

The Ghazeer project is expected to come onstream in 2021.

There are five international companies that are competing to win the project.

Rising U.S. production and exports comes at a time when other oil producers are ramping up their own activity.