Russia increased gas production by 10% over the year

Photo: Median.Az Gazprom data are not published separately – – In December alone, Russia produced 69.03 billion cubic meters. m of gas – an increase of 3.3% compared to the same month in 2020. In Russia, the volume of natural gas production in 2021 increased by 10% compared to 2020 – to 762.3 billion cubic […]

Brent crude oil price exceeded $ 80 for the first time since November

At the high, the price was $ 80.02 – – The last time the price of Brent exceeded $ 80 per barrel on November 26. In general, oil has been gradually increasing in price since December 20. The price of February futures for Brent crude rose above $ 80 per barrel. This is evidenced by […]

Oil price rises to a maximum in a month

“Black gold” rises in price again – – The Omicron strain does not cause as serious consequences as previously thought. This brought the market back to growth. Global benchmark oil prices have returned to gains on new data on the Omicron coronavirus strain. This is evidenced by the trading data on Monday, December 27. Thus, […]

Turkey finds oil on the border with Syria

Photo: Screenshot Exploration was carried out at the Gunyurdu-1 well – – The new heavy oil field is located 32 kilometers east of the Nuseibin region in the southern province of Mardin. A new oil field has been discovered on the Turkish-Syrian border. The Turkish national oil company TPAO announced this yesterday. “A new field […]

Having Myriad Obstacles, the ‘Apocalypse’ of Indonesian Oil in Front of Eyes!

Jakarta, CNBC Indonesia – Oil and gas (oil and gas) is one sector that has an important role in state revenues and the Indonesian economy. But unfortunately now the trend of oil and gas production, especially oil, RI continues to decline from year to year. Likewise with efforts to encourage national oil and gas production, […]

US persuades to increase oil production – Russian Foreign Ministry

Фото: Getty Images Sale of oil from reserves did not stop the rise in prices – – Washington has long called for an increase in oil production to lower prices, but OPEC has refused. In Russia, they say that the United States is persuading a number of countries to increase oil production in order to […]

The United States will sell 50 million barrels of oil from the reserve

Photo: Reuters (archived photo) The US decided to collapse the price of oil – – Together with the United States, a number of other countries will take a similar step – Great Britain, China, India, South Korea and Japan. US President Joe Biden announced the release of 50 million barrels of oil from strategic reserves. […]

The world’s largest oil company quadruples profit

Фото: Getty Images Saudi Aramco’s second quarter dividend to reach $ 18.8 billion – – The average level of production for the quarter in Saudi Aramco amounted to 11.7 million barrels per day of oil equivalent. The net profit of the world’s largest in terms of production and reserves of the Saudi oil company Saudi […]

OPEC + countries agree to increase oil production

The next OPEC + ministerial meeting will take place on September 1 – – OPEC + will strive to completely neutralize the current restrictions on oil production from September 2022. The member states of the OPEC + deal agreed to increase oil production from August by 400 thousand bpd per month. This is stated in […]

Greenland stops oil exploration –

Фото: Getty Images Greenland stops oil exploration – – The country has been trying unsuccessfully to become an oil-producing region for half a century. Authorities say the “environmental impact of oil exploration and production is too great.” In Greenland, the government has suspended its oil exploration strategy. About it informs Reuters on Friday 16 July. […]