News tagged with “million barrels”. Found:
161 tagged news reports.
Your Search Returned 161 tagged news reports
Petroneft to become oil industry front-runner with Siberian conquest
Moscow :: Russia | 4 days ago
Credibility
PetroNeft is one of the few exploration companies to have a decent exposure to the Russian oil industry, and one of even fewer who have managed to wring some value out of it. Its shares have been trading in the 15c to 25c range since May this year, but...
Tags: million barrels, Russia, Moscow
Oil price up as US reserves fall
Singapore :: Singapore | 6 days ago
Credibility The data came from the American Petroleum Institute, which said US oil stocks fell by 4.4 million barrels instead of the expected 1.2 million. It said the falls came after storms in the Gulf of Mexico disrupted supplies. US light crude was up 90 cents...
Tags: petroleum, api, million barrels, American Petroleum Institute, crude stocks, Gulf of Mexico, Singapore, Gasoline, Commodities market, Price of petroleum, Business Finance, Brent Crude, energy crisis, to 2008 world oil market chronology, Inflation, Futures contract
Brazil strikes black gold in southeast
São Paulo :: Brazil | 7 days ago
Credibility Brazil�Petrobras on Monday announced a new find of light crude oil in the huge Campos basin area in the southeast, potentially as much as 25 million barrels. Brazil's state oil giant said the find is located in shallow waters, north of the Campo De Marimba....
Tags: Brazil�Petrobras, million barrels, Brazil, São Paulo, Peregrino, Petrobras, Campos Basin, Tupi oil field, Business Finance
Furnace oil import bill may augment
Islamabad :: Pakistan | 8 days ago
Credibility The country’s furnace oil import bill is estimated to go up by more than 75 per cent this fiscal year owing to increased reliance on thermal power production, despite a substantial reduction in international oil prices, according to government estimates....
Tags: metric ton, furnace oil, million metric, oil import, million barrels, oil consumption, crude oil, oil price, Pakistan, Islamabad, Petroleum, world oil market chronology, Mining in Venezuela, Futurology, Peak oil, Sustainability, Business Finance
World's top oil producer sees potential in Chinese market
Beijing :: China | 11 days ago
Credibility Aramco can produce," he said. Aramco's present oil output stands at 8 million barrels a day, and will rise to 9.5 million to 10 million barrels a day late this year or next. "But I can tell you that China has always been given the highest consideration...
Tags: million barrels, China, Beijing, Energy security of China, Abqaiq, Dhahran, Saudi Aramco, Sinopec, Business Finance, Saudi Arabia, Petroleum industry, Khalid A. Al-Falih, Eastern Province Saudi Arabia
Oil price at good level for Oman, says Central Bank
Dubai :: United Arab Emirates | 13 days ago
Credibility Oil prices are at a “good level” and will allow Oman to push ahead with its economic development plans, the Sultanate’s Central Bank Governor Hamoud bin Sangour Al Zadjali said. “Oil prices have risen to a good level that will help the Sultanate implement...
Tags: million barrels, Oman, oil price
Sultanate’s oil exports in first eight months of 2009 up 10.1%
Muscat :: Oman | 17 days ago
Credibility The Sultanate’s total exports of crude oil stood at 158.313 million barrels during the first eight months of 2009, against 143.528 million barrels during the corresponding period of 2008, constituting a 10.1 per cent rise. The monthly statistical bulletin...
Crude Remains Higher After Fed Statement
New York :: NY :: USA | 20 days ago
Credibility Crude futures remained higher Wednesday after the Federal Reserve held policy steady and repeated it expects to hold interest rates low for extended period. In a statement released after a two-day policy meeting, the Fed also repeated that it "continues...
Tags: U.S, crude oil, million barrels, Federal Reserve, factory orders, inventory fell
Iraq seals oil deal with BP, CNPC
Baghdad :: Iraq | 20 days ago
Credibility The consortium is expected to increase the current production of about 1 million barrel per day (bpd) to 2.8 million bpd within the coming six years. Shahristani said in a speech that such contract opened "a new age" for Iraq oil production, emphasizing...
Tags: Iraqi, Rumaila, oil deals, million barrels, million bpd, CNPC, iraq signing, oil field, boost production, BP PLC
Report: ND is now 4th biggest oil-producing state
Bismarck :: ND :: USA | 26 days ago
Credibility N.D. — North Dakota has surpassed Louisiana as the fourth-largest oil-producing state in the nation, the U.S...The agency's Energy Information Administration said North Dakota produced 6.38 million barrels of crude in May, edging Louisiana, which had...
Tags: million barrels, North Dakota, Louisiana
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