Tag Archives: Production

Iraqi authorities are looking to speed up gas exploitation to help overcome severe electricity shortfalls.

Gazprom increased gas sales to almost all its buyers in Europe.

EV sales will hit 1.5 million units in 2018. and again. China will lead the way with more than half of that total.

Libya is politically divided between eastern and western authorities. including two oil corporations.

Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.

OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018.

Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.

Saudi Arabia’s energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018.

Algeria ranks third globally after China and Argentina in technically recoverable shale gas reserves.

Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.