Tag Archives: production

The price of oil on Monday shows growth amid reports about the possibility of holding new negotiations to freeze production levels of member countries of OPEC. At 06.43 GMT the cost of October futures for North sea petroleum mix of mark Brent have grown on 0,16% – to 44.34 USD …

A number of OPEC countries, including Venezuela, Ecuador and Kuwait, want to revive the idea of freezing oil production, reports the WSJ, citing several sources. The proposal to freeze production can be done as the OPEC countries and States outside the cartel, such as Russia. One source notes that the …

In January-July of 2016 oil production in Russia increased by 2.1 percent compared to the same period last year — up to 315.8 million tonnes. About it on Tuesday, August 2, informs “Interfax” with reference to data of the Central dispatching management of energy. While Russian oil exports to non-CIS …

Libya plans in the next two weeks to increase oil production from the current 400 thousand barrels per day to 550 thousand, and by the end of the year to increase this figure up to 900 thousand barrels. About it writes The Wall Street Journal, citing the Libyan National oil …

The global smartphone market has ceased to grow rapidly, however, Samsung Electronic has managed to strengthen its leading position even in such conditions. According to preliminary estimates of analysts, in the period from April to June 2016 manufacturers have released almost 343,3 million units of smartphones, while over the same …

Iran plans to reach the pre-sanctions level of oil production after 2-3 months. This was stated by the Minister of communications and co-chair of the intergovernmental Russian-Iranian Commission on trade-economic cooperation Mahmoud Vaezi, according to Reuters. According to him, the Islamic Republic now produces 80 percent of the specified indicator. …

Many well-known companies produce their goods in China. Nike factory: how to make “real” Chinese shoes.

China has reduced oil production in the first half to 100 million tons, the State Committee for development and reform Commission of the PRC. China is the largest importer of oil in the world, but the country also mined. For the first six months of this year production was down …

Russia surpassed Saudi Arabia in oil production in may by 2.1 percent. According to Rosstat, published on Thursday, 21 July, Russian oil production rose to 10.46 million barrels per day. However, Saudi Arabia in may, the daily was produced 10.24 million barrels. The total production of the Organization of countries-exporters …

By 2018, Russia will extract of 11.65 million barrels per day — more than in Soviet times, when the production at the peak (in 1987) made up 11.42 million barrels. On Wednesday, July 20, reports Bloomberg referring to the forecast of American Bank Goldman Sachs. Within three years oil production …