Tag Archives: Production

French nuclear regulator ASN ordered Electricite de France on Thursday to shut four nuclear units. sending power prices spiking.

In the meantime. the Saudis have lost some of their market share. both to Russia and Iraq.

Over the first eight months of the year. WTI averaged US$49.34 a barrel. while the Henry Hub price per MMBtu of natural gas was US$3.

Shale gas research is relatively new in Turkey. and a production phase has not yet been reached.

Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.

Venezuela is in disarray and in no condition to expand its oil production.

The company'.s management is prepared for any situation. Gazprom Neft Middle East CEO says.

Producers in the U.S. and Canada have made dramatic efforts to cut costs since the collapse of oil prices three years ago.

Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.

Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.