Tag Archives: Production

The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.

Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.

The company will allocate $1 billion to expand the fields in the first phase and if required.

Petrochemical exports increased by 8% compared to the previous year.

Iran is self-sufficient in topnotch technologies.

Iran is pressing ahead with plans to reform its petrochemical industry as the country aims to diversify its oil-based economy.

This small company could be one of the biggest winners of the coming gold boom.

There could be more cuts if there are other non-OPEC countries that will join the agreement.

The headline crude oil drawdown number is certainly supportive. but it could be something a shooting star.