Russian Energy Minister Nikolai Shuliginov told reporters that his ministry expects total oil production in 2023 to reach 523 million tons or slightly less."Our forecast is 523 million tonnes, maybe a little less," he said in response to a question about full-year oil production levels.In late Novem

As of November 15, the cumulative production of SAGD in the Fengcheng Oilfield area of Xinjiang Oilfield Company exceeded 9 million tons of crude oil, and the oil-vapor ratio in the production stage was 0.18, entering a new stage of efficient development.In 2008, the company started to set up the fi

Egypt is executing eight new projects worth more than $5 billion as part of its strategy to modernize the country's oil sector, with a focus on refining and manufacturing expansion. According to a statement, Egypt's Ministry of Petroleum and Mineral Resources further revealed that it is accelerating

Colombia's crude oil production rose 4 percent in April from a year earlier, the Colombian government said Thursday.Colombia's oil production averaged 782,277 BPD in April and 752,079 BPD for the same period in 2022, the Ministry of Mines and Energy said in a statement.Colombia produced 1.028 billio