oil production
Posted inDRILLING & PRODUCTION
OPEC+, COVID-19 and energy transition to impact oil in 2021: report
Following 2020’s unprecedented oil demand shock amid the COVID-19 pandemic, Wood Mackenzie expects 2021 total liquids demand to average 96.7 million barrels per day
Posted inDRILLING & PRODUCTION
OPEC+, COVID-19 and energy transition to impact oil in 2021: report
Following 2020’s unprecedented oil demand shock amid the COVID-19 pandemic, Wood Mackenzie expects 2021 total liquids demand to average 96.7 million barrels per day
Posted inVideo
Video: All eyes on US oil production, Bahrain minister says
Sheikh Mohammed bin Khalifa Al Khalifa, Bahrain’s oil minister, outlines the supply and demand challenges facing the oil market
Posted inDRILLING & PRODUCTION
OPEC oil production dropped by 751,000 bpd in December 2018
Non-OPEC supply increased by 40,000 bpd in December 2018, mostly led by the Americas
Posted inDRILLING & PRODUCTION
Iraq oil exports reportedly rose 9.5% in December
Reuters reports that Iraq’s oil exports averaged 3.726mn barrels per day (bpd) in December, up from 3.372mn bpd in November
Posted inDRILLING & PRODUCTION
OPEC cuts, the US and the oil price in 2019
Vinod Raghothamarao, consulting director of energy wide perspectives at IHS Markitt, on the energy market, OPEC cuts and the outlook for 2019