The reporter learned from the Tianjin branch of CNOOC on November 21 that the accumulated crude oil production of Suizhong 36-1 oilfield, the first modern self-exploration and development oil field in China's offshore, exceeded 95 million tons, which is equivalent to the oil tanker filled with 60 to
KIPIC, the unit in charge of the Al-Zour refinery project in Kuwait, announced on Sunday that its 615,000 barrels per day (BPD) refinery has started commercial operations.The Al-Zour refinery will be one of the largest in the world. Located 90 km south of Kuwait City, the grassroots enterprise will
By Nov 7,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD91.78 a barrel. increase $4.53 than Oct 31.2022, the rise rate is 5.19%. The future price of crude oil from London Brent closed at $97.96 a barrel, rise $4.98 than Oct 31.2022.the rise rate is 5.36%.
According to the World Oil Outlook 2045 released by OPEC on Tuesday, global oil demand will increase by more than 10 percent by 2027 compared to 2021 and by more than 13 percent by 2045, Anadolu News said.Opec forecasts that global primary energy demand will increase to 351 million barrels of oil eq
By Oct 31,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD87.25 a barrel. increase $1.01 than Oct 24.2022, the rise rate is 1.18%. The future price of crude oil from London Brent closed at $92.98 a barrel, dropped $0.76 than Oct 24.2022.the drop rate is 0.8%.
1. Introduction of polished rod clampsThe polished rod clamps are used to connect the polished rod and pump unite. 2. Material1. Chemical CompositionTo meet the requirements of this specification, polished rod manufactured from any AISI or equivalent specification recommended cast iron or carbon ste
Norway's crude oil and natural gas output fell in September from a month earlier, according to preliminary data released by the Norwegian Petroleum Council (NPD) on Thursday, missing official expectations.Crude oil production fell to 1.64 million BPD in September from 1.78 million BPD in August and
By Oct 17,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD86.24 a barrel. drop $5.85 than Oct 10.2022, the drop rate is 6.4%. The future price of crude oil from London Brent closed at $92.32 a barrel, dropped $5.04 than Oct 10.2022.the drop rate is 5.2%.
As of October 9, THE accumulative OIL AND GAS production OF Fuman Oilfield of Tarim Oilfield Company of PETROCHINA, the largest ultra-deep oil field in China located in the hinterland of Taklimakan Desert, exceeded 10 million tons, including 8.6796 million tons of crude oil and 1.668 billion cubic m
WTI crude traded around $82 a barrel as traders weighed the poor outlook for global economic growth against the possibility of Opec + production cuts. Opec and its Allies will discuss production cuts at a meeting next week, a delegate said, a move that could help stem the recent slump in oil prices.
The Iranian government has announced that the country has made significant achievements in energy development, with 340 billion barrels of oil and gas reserves, the largest in the world.Muhsin Kojestmehr, deputy oil minister and chief executive officer of the National Iranian Oil Corporation, said W
On September 14, the Ledong Block development project of Dongfang 1-1 gas field in the southeast area of Yinggehai in the South China Sea was put into operation, marking a major breakthrough in the development of key technologies and equipment for deep-water oil and gas development in China. It is o