Tag Archives: Production

Iran'.s gross gas output stands at 285bn m3 yr.

The extraction capacities of Gazprom will allow to cover all the additional demand this year.

Saudi Arabia still loses sleep over the price of oil. Not for much longer.

This year it is planned to produce about 5 million tons of oil and 3.1 billion cubic meters of natural gas at Kashagan

Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.

Saudi Arabia and Russia. the world'.s top two oil producers. agreed on Monday on the need to extend output cuts for nine months until March 2018.

Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.

Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.

Like its competitors across the upstream sector. PTT has been cutting the costs of production.

Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.