Tag Archives: Production

Global crude inventories have not fallen as fast as OPEC or the hedge funds anticipated.

Saudi Energy Minister Khalid al-Falih said on Monday the OPEC-led production cut could be extended beyond 2017.

Russian crude output is at historic highs. European firms are still investing.

Iran produced 3.77 million b d of crude in April.

Japan is the world'.s top importer of liquefied natural gas (LNG).

OPEC'.s combined water-borne shipments of nearly 24 million barrels a day in March were up slightly from October levels.

In February Iraqi reserves increased to 153 billion barrels.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.

MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.

Given RIPI'.s long history in cooperation with international companies. it is capable of offering quality services with low costs to them.