Tag Archives: World Oil

Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.

While plunging output in Venezuela captures the oil world’s attention. problems are quietly festering in another OPEC nation.

Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.

Libya. holder of Africa’s largest crude reserves and an OPEC member. is already reeling from political divisions.

OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.

Output from Saudi Arabia. OPEC’s de-facto leader and its biggest producer. fell 10.000 bpd from February to 9.87 million.

The agreement to open the center was signed during the visit of the CEO of Rosneft Igor Sechin to Doha.

MAN Diesel &. Turbo will manufacture the ordered compressor systems in Zurich.

Total and its European peers trace a large part of their historical success to gaining access to big and cheap oil deposits in the Middle East and Africa.

In the Gulf of Mexico. Total focuses on the deep water domain with working interests in two producing fields.