Tag Archives: Production

Gas has been one of the headwinds impacting earnings for the majors.

Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions.

The trade war has been hitting economic growth. which tends to reduce demand for commodities such as oil.

Shipments of Iranian oil fell below 550.000 b d (barrels per day) in June from about 875.000 b d in May and about 2.5 million b d in June 2018.

The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.

Among countries with higher output. Gulf producers Kuwait and the United Arab Emirates both raised supply while remaining below their OPEC targets.

The expert expects the Persian Gulf tensions to persist within a year and a half.

Compilation of Syria’s new investment law is at the final stage.

Ecotricity. Good Energy and Green Energy UK can charge consumers above the standard variable tariff rates limit set by Ofgem.

The equity in gas markets are sending a clear message to operators to cut growth to maintenance levels and someone need to go further than that.