Tag Archives: Production

Companies that continue to operate offshore have particularly poured fewer dollars into wildcat exploration.

Kirkuk crude sales have been halted since Iraqi forces took back control of the oil fields from the Kurds last October.

Barkindo plans to meet with physical crude traders and oil hedge funds while he’s in Houston.

Over the next five years. Wood Mac expects U.S. shale producers to add some 4 million bpd to their daily production.

China is poised to become the top importer while the US leads output.

Influence on global oil markets is also expected to rise. with U.S. oil exports more than doubling.

China has been the world'.s largest growth market for energy for the past 15 years.

Oil prices are responding to the tightening of supply due to the Libyan production halt.

Non-OPEC states pledged to jointly reduce oil output by 558.000 barrels per day.

The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.