Tag Archives: production

Prices on Brent oil returned to $50. On the eve of the quotes increased for the fifth consecutive session, while the market received a lot of interesting information. First of all, of course, the data on reserves and production from the US Department of energy. Lately investors are most concerned …

Pyongyang does not intend to cease production until, until no further threats from the United States. North Korea has resumed nuclear-fuel cycle for producing weapons-grade plutonium. This was reported in the Institute for nuclear research in North Korea. “We’ve redesigned the used fuel rods removed from a nuclear reactor with …

Norway in July of 2016 have achieved the highest performance in terms of daily oil production in March 2011. So, last month on the Norwegian continental shelf were extracted daily at 1,728 million barrels of oil, according to TASS, citing preliminary figures from the Norwegian petroleum Directorate. In June, the …

The Minister of oil of Nigeria Emmanuel Cacique considers it unlikely that OPEC members reached an agreement on production cuts. “Regarding the reduction of production, OPEC optimistic on my part quite weak,” he wrote on Twitter. Meanwhile, JPMorgan analysts have expressed “moderate optimism” in regard to the freezing of production …

In China near the town of Hango car brand Tesla plans to open a new plant for the production of electric vehicles “Tesla killer”.In construction, the company plans to invest about $ 1.8 billion. While the company has shown the public only a model of innovative car (April this year). …

Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. This is stated in its monthly report the International energy Agency (IEA), published on Thursday, August 11. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels …

Arab country significantly increased the pace of oil production. Saudi Arabia has increased oil production in July to a record high of 10.62 million barrels per day. In comparison with July 2015, oil production in Saudi Arabia rose by 240 thousand barrels a day, noted the Agency. The IEA draws …

The organization of countries-exporters of oil (OPEC) raised the forecast of growth in global oil demand in 2016 to 30 thousand barrels per day, from the August report of the cartel. In accordance with the updated forecast, oil demand in 2016 will increase by 1.22 million barrels per day compared …

Saudi Arabia has been the leader of oil production in the world. Saudi Arabia told OPEC that the July oil production of the country reached a record of 10.67 million barrels per day compared to 10,55 million barrels in June. See also OPEC and Saudi Arabia believe that the oil …

The reason for that was mismatch safety standards. Italian-American Fiat Chrysler Automobiles announced the termination of serial production of the legendary Dodge Viper sports car due to a technical impossibility to bring it into compliance with modern safety standards. However, not everyone agrees with the decision of the administration group. …