Tag Archives: Production

At the beginning of last month. Sharara had resumed production following a two-week halt.

For the first quarter of 2017. according to OPEC figures. ADNOC pumped an average 2.935 million bpd and in the second quarter. it produced 2.91 million bpd of crude.

Iran is currently producing about 880 million cubic meters a day of natural gas.

In this context. the IPO of Aramco becomes even more essential for Prince Mohammed’s diversification plans.

Azar oilfield in Ilam Province has pumped over 4.5 million barrels of crude oil since it went into operation.

Iran'.s installed power production capacity is around 77.000 MW. but output from renewables comprises less than 1% of that amount.

Indian companies. both public and private. have invested about $5 billion in US shale assets.

Tehran says its new petrochemical ventures require over $70 billion in investments that should mostly come from foreign sources.

The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.

Exxon will now join these fellow supermajors in the Brazilian shelf. partnering with Petrobras on six of the ten licenses it won.