Oil production in Iran rose to 3.8 million barrels per day, surpassing pre-sanctions level. It is reported by the national oil company of Iran, NIOC. Before the introduction of Western countries ‘ ban on the purchase of Iranian oil, according to OPEC, Iran was producing daily about 3.5-3.7 million barrels …
Read More »Global production of stress or fear in corporations
The modern world is, along with the States of the largest corporations, the value of which social thought is misunderstood, because their study is in fact banned. From their depths occasionally exposing the leak. Large and wealthy employers, they are more likely to produce admiration than criticism. Meanwhile, transnational corporations …
Read More »OPEC has set a record for oil production
According to data for April, OPEC set a record for the amount of extracted oil. On it informs Agency Bloomberg, citing a survey of representatives of oil companies and economic experts. According to recent data, oil production by OPEC countries last month increased by 484 thousand barrels compared to March. …
Read More »Venezuelan refineries have reduced production by half, the authorities see sabotage
Refining of Venezuela is so reduced production that the state oil company PDVSA had to start purchasing their fuel overseas. This was stated by the head of the Union of oil workers of the country, Ivan Freitez. In particular, the performance of the largest refineries of the Paraguana complex has …
Read More »Blackout in Venezuela will lead to a drop in oil production
No light, no work in Venezuela have launched an all-out power savings. The inhabitants of the country in the next 40 days for four hours will be in the dark. On the decision of the authorities has forced a severe drought that led to the fall of the water level …
Read More »The representative of Indonesia to OPEC commented on the freezing of oil production
Question freeze oil production at a certain level is not so relevant, because many countries and so have reached the maximum production level and stopped it. “They know the level at which can freeze the prey, therefore, to freeze or not is not the question”, — told RIA “news” the …
Read More »Kuwait will continue to increase oil production
Kuwait plans to increase oil production from the current 3 million barrels to 3.2 million barrels per day until June. This was stated by managing market research petroleum Corporation of Kuwait, the Hayeses al-GAIS. “Last Sunday, Kuwait returned to the oil production of three million barrels per day after its …
Read More »Saudi Arabia intends to increase oil production
Saudi Arabia intends to increase oil production with its largest oil field on the border with the United Arab Emirates (UAE) — “sheyba”. On it informs Agency Bloomberg referring to sources familiar with the decision of the authorities. To increase the volume of oil the largest oil company in the …
Read More »Swiss scientist have predicted the fall of oil production in Russia
Michael Dittmar Institute of particle physics ETH Zurich predicted stock dynamics and production of oil in different regions of the world in the period up to 2050. Physics assessment indicated a decline in future oil production in Russia. Devoted to the research Preprint is the author published on the website …
Read More »Kuwait has increased its oil production after the strike ended
Kuwait has increased its oil production to 2.9 million barrels a few days later after the termination of the strike of workers of the oil and petrochemical industries. The production of raw materials fell in Kuwait with 3 million barrels per day before the start of the strike last Sunday …
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