MOSCOW, September 2, as the world's No. 2 exporter of crude oil production in the Arctic, a new oil field and from the Petroleum Exporting Countries (OPEC) to seize more market share in Russia in August has created the highest monthly oil production a new record, an average of nearly 10 million barrels of daily output.
According to statistics, Russia in August produced an average 9.97 million barrels of oil more than 9.91 million barrels in July increased by 0.6% and compared with last year's 9.82 million barrels increase of 1.5%. Oil production there last year over the past 10 years, the first decline in Russia in 2009 to restore the oil production, Russia's largest oil company Rosneft's production this month, located in the Arctic region Vanke field.
Russia's No. 2 oil company LUKoil in August produced an average 1.86 million barrels of oil more than in July increased by 0.2%, while Russia's 3rd largest oil company TNK-BP's oil production in August increased by 2.2% compared with ring
Sep. 3, 2009
Uganda has recently discovered oil reserves may be more than 6 billion barrels
August 29, according to media reports in Kampala, the Ugandan Government in an official newspaper New Vision reported that August 28 reported that Uganda has recently discovered oil reserves for the time being set at 2 billion barrels, but because of the exploration operations will continue Therefore, Uganda, the discovery of oil reserves may be more than 6 billion barrels.
International oil companies so far have been in this East African country's oil sector has invested millions of dollars, they first start since 2000 in Uganda's western and northwestern areas of oil exploration activities. Uganda's New Vision newspaper quoted a senior geologist of the Department of Energy as saying, in so far drilled 34 wells, 32 wells drilled encountered oil or natural gas, the total proven reserves of oil may be more than 6 billion barrels.
If these projections prove to be correct, then Uganda will enter the oil-producing countries in Africa, the ranks of the oil reserves may be even more than is currently the first African three largest oil-producing countries of the Sudan.
Aug. 31, 2009
International oil companies so far have been in this East African country's oil sector has invested millions of dollars, they first start since 2000 in Uganda's western and northwestern areas of oil exploration activities. Uganda's New Vision newspaper quoted a senior geologist of the Department of Energy as saying, in so far drilled 34 wells, 32 wells drilled encountered oil or natural gas, the total proven reserves of oil may be more than 6 billion barrels.
If these projections prove to be correct, then Uganda will enter the oil-producing countries in Africa, the ranks of the oil reserves may be even more than is currently the first African three largest oil-producing countries of the Sudan.
Aug. 31, 2009
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