Tag Archives: World Oil

OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.

The market is tightening and it’s tightening very quickly.

Energy companies will approve investments for more than 150 million tons a year of new supply capacity over the next four years.

Oil output in the U.S. dropped last week for the first time in more than two months.

An average of $34.1 billion per year in capital expenditure will be spent on 1.673 oil and gas fields in Russia between 2018 and 2020. according to GlobalData. a leading data and analytics company.

U.S. net oil imports. including crude and refined products. last week dropped to just 1.77 MMbpd.

U.S. drillers added two oil rigs to reach 749 in the week ended Dec. 1. the highest level since late September. according to Baker Hughes.

The JetPulse service transmits downhole data consistently over wide depth ranges and complex well trajectories with physical data rates up to 18 bits-per-second.

Greece'.s economy is decoupling economic growth from increases in CO2 emissions but at a slower rate than the average for IEA member countries.

For Petrobras. the achievement of partnerships is an important strategy of the 2017-2021 Business and Management Plan.