According to anba: Brazilian state-owned oil company Petrobras produced an average of 1,854,748 barrels of oil per day in Brazil in December, 5.3% more than in November, when average daily extraction stood at 1,760,598 barrels. According to the company, tAccording to anba: Brazilian state-owned oil company Petrobras produced an average...
According to anba: Brazilian state-owned oil company Petrobras produced an average of 1,854,748 barrels of oil per day in Brazil in December, 5.3% more than in November, when average daily extraction stood at 1,760,598 barrels. According to the compa According to anba: Brazilian state-owned oil company...
The U.S. Department of Energy plans this spring to buy up to 4 million barrels of crude oil in the first of a series to replace 11 million barrels in the Strategic Petroleum Reserve that were sold after Hurricane Katrina in 2005. The U.S. Department of Energy plans this spring...
Jean-Pierre Audy (EPP-ED, France) wants EU regulation of the price of petrol. As crude oil hit a new historic high of US$130 a barrel, Audy called on the European Commission to study whether it would be possible to create a Community financing instru Jean-Pierre Audy (EPP-ED,...
According to anba: Maritime platform Petrojarl Cidade de Rio das Ostras, the first designed for extra-heavy oil production in the country, was baptised yesterday (12) by oil company Petrobras and should start operating in the third quarter of this year. TAccording to anba: Maritime platform Petrojarl Cidade de Rio das...
As oil prices approach last year's all-time high of $78.65 a barrel and Goldman Sachs warns that prices could surge to $95 a barrel within six months without extra output from Opec the Organization of the Petroleum Exporting Countries, the implicat As oil prices approach last...
On October 20, OPEC, the Organization of Petroleum Exporting Countries, announced that 10 of its members would "reduce production by an amount of 1.2 million barrels a day, from current production of about 27.5 million barrels a day, to 26.3 million barrels a day, effective 1st November 2006." The move...
According to anba: Maritime platform Petrojarl Cidade de Rio das Ostras, the first designed for extra-heavy oil production in the country, was baptised yesterday (12) by oil company Petrobras and should start operating in the third quarter of this ye According to anba: Maritime platform Petrojarl...
In contrast to typically modest stockbuilds this time of year, U.S. propane inventories posted a surprisingly sharp rise last week, up 1.9 million barrels to an estimated 65.7 million barrels as of September 8, according to the Energy Information AdministIn contrast to typically modest stockbuilds this time of year, U.S....
WITH OIL PRICES EXCEEDING $60 a barrel and OPEC hinting that $80 a barrel in the next two years is not beyond the realm of possibility, jet fuel prices are at historically high levels and industry analysts predict they are likely to remain so for a ...
AsiaInfo Services 03-21-2007 CNPC to Spend CNY185.7bn in 07 BEIJING, Mar 21, 2007 SinoCast via COMTEX -- China National Petroleum Corp. CNPC, the nation's largest oil producer, plans to spend CNY 185.7 billion in 2007, CNY 115.2 billion of ...
Al-Bayan newspaper provided data on the petroleum reserves, correct to 1999, of the Arab states which are members of OPEC: Saudi Arabia has 262.7 billion barrels; Iraq, 112.5 billion barrels; ... Al-Bayan newspaper provided data on the petroleum reserves, correct to 1999, of the Arab states...
* The Organization of Petroleum Exporting Countries OPEC has suspended its price band of $22 to $28 a barrel, which was set in March 2000 and has largely been ignored lately. Oil ministers say the rate, adjusted for inflation and the declining .. *...
Al-Watan newspaper quoted a notice published by the OPEC News Agency in early November 2003 announcing that the price of a barrel of oil came to $27.58, in comparison to $27.77 at the end of October 2003. It was also ... Al-Watan newspaper quoted a notice...
The oil cartel will trim output 1 million barrels per day starting Jan. 1. That would bring their output back ... The oil cartel will trim output 1 million barrels per day starting Jan. 1. That would bring their output back to their "ceiling" ...
According to "Tehran Times", Director of international affairs department of the National Iranian Oil Company NIOC said Iran would hold oil exports steady at 2.4 million barrels per day bpd awaiting OPEC's decision. Given high oil demand in According to "Tehran Times", Director of international affairs department of the National...
IRVING, Texas -- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Exxon Neftegas Limited, has commenced production from the multiphase Sakhalin-1 Project offshore Eastern Russia. The initial phase of the project will produce 50,000 barrels (6,300 metric tons) a day by year-end 2005 and 250,000 barrels (33,000 metric tons)...
JAKARTA, Aug 10 Asia Pulse - The Organisation of Petroleum Exporting Countries OPEC will likely raise its production quotas to 30 million barrels a day from 26 million barrels a day, according to the cartel's current actual production, its preside JAKARTA, Aug 10 Asia Pulse...
The International Energy Agency now sees 2004 crude oil demand at 82.2 million barrels per day, about 700,000 barrels more than previously predicted. Estimate for 2005 usage is up 700,000 barrels to 84 million of barrels a day. "The market is The International...
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