In the Gulf of Mexico. Total focuses on the deep water domain with working interests in two producing fields.
Read More »IEA: The United States could Become the World’s Largest Oil Producer
Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
Read More »CNOOC`s Highest Capital Spending Since 2014
CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.
Read More »Iraqi Oil-Export Ambitions Puts Strain on OPEC Accord
Iraq shipped a record 3.55 MMbopd from Basra. the country’s southern outlet to the Persian Gulf. in January.
Read More »Iraq Loosens Oil Shackles for Premium Prices
SOMO is expected to announce its March official selling prices for Asia. Europe and U.S.-bound supplies around the 10th of February.
Read More »World’s largest hedge fund Considers Brent at $80 on OPEC cuts
With crude inventories down. Goldberg expects Brent to climb about 15% from current levels of $68.50 bbl to about $80 bbl.
Read More »Aramco is Ready for IPO as Listing Venues up in Air
The kingdom will decide where the stock will be traded. not the company.
Read More »Gazprom Neft Drills First Multi-Lateral Well in Russia
Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »Gazprom Neft Drills First Multi-Lateral Well in Russia
Russian-produced equipment was used in well construction. retooled in line with the specific geological conditions of Novoportovskoye field.
Read More »U.S. Turn to Europe for Siberian Cargo
U.S. domestic demand climbed to a record last week as snow and winds bombarded Americans on the East Coast.
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