Tag Archives: Production

The existing cuts have been extended till the end of 2018.

The European exporters are suffering the effects of a widening spread between Brent and Dubai.

China will import 452 million tonnes. equivalent to 9 million bpd. in 2018.

The world’s top oil exporter aims to hold its production at around 9.8 million bpd level from January until March.

Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.

Iran is currently producing 4.5 million tons of ethane annually which will cross 6 mt y next year and 10 mt y by 2020.

OPEC and its partners see merit in maintaining their curbs into 2019.

The long-term picture for gas is highly positive. said Fuzzy Bitar. Head of Upstream operations. BP.

Norwegian firms which are working in the field of renewable energies seek to resume operations in Iran'.s lucrative market.

The ministers noted that the level of the deal’s implementation had exceeded 100% in the past five months.