Iraq aims to increase oil production to about 7 million barrels per day (BPD) in 2027, state oil distributor SOMO Alaa Alyasri told Reuters.Iraq is currently producing nearly 5 million barrels per day of crude oil, but produced 4.651 million barrels per day in October, according to SOMO. This is in

China National Petroleum Corporation (CNPC) announced on November 10 that the first exploration well of the cooperation between petrochina and Petrobras (Petrobras) in Brazil, located in the Alam deepwater exploration block in the Santos Basin, has been successfully tested.According to petrochina's

By Nov 14,2022, the future price of light crude oil from New York Mercantile Exchange closed at USD88.65 a barrel. less $3.13 than Nov 7.2022, the drop rate is 3.41%. The future price of crude oil from London Brent closed at $95.75 a barrel, less $2.21 than Nov 7.2022.the drop rate is 2.26%.

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%.

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

Recently, the drilling and construction project of Guaizihu Guai 16 oil and gas well of Inner Mongolia Oil Production Plant of Zhongyuan Oilfield Company of Sinopec, contracted by the Drilling Engineering Company of Inner Mongolia Coal Exploration Group, has been successfully completed. The drilling

China Petroleum News (special reporter Tan Yixin, correspondent Ma Ziqiang) From September 22 to 23, the 2022 Oil and Gas Well Perforating Technology Seminar hosted by the Logging Professional Committee of the China Petroleum Society was held in Yangzhou, Jiangsu. More than 130 experts and scholars

Last week, South American customers ordered torque anchors and accessories. The characteristics of our company's torque anchors are that there is no need to lift and lower the seat seal when going down the well, and the centering performance is good, so that the tubing and sucker rod are always in a

Saudi Arabia told OPEC it raised crude output to just over 11 million barrels per day last month, surpassing the symbolic level for the first time in two years, as the kingdom fulfilled its commitment to stabilizing global market commitment.OPEC agreed to speed up the resumption of supply suspension

Russia's oil production continues to exceed expectations as the conflict between Russia and Ukraine continues for six months. Russian oil shipments reached their highest level in August for the period, according to the Institute of International Finance (IIF), with Greek-owned tankers playing the bi

Sinopec announced on August 10, the company in the field of oil and gas exploration and development of "deep engineering" to get breakthrough - the north 803 slope test yield industrial flows, reduced nissan 970000 cubic meters of 244.3 tons of crude oil, natural gas, oil and gas equivalent of 1017