Mexico City August 19 news, the Mexican national oil company (Pemex), said here today that as a result of the Mexican national oil company has been working to stabilize the declining oil production, therefore, the company today is a global search for contractors in the country's southern region 200 new wells drilled. According to Mexican government procurement network Compranet published paper, which the 200 new wells planned for drilling operations started early in October this year, the entire drilling process will last for 3 years.
Although oil prices in late 2008 and early 2009 fell sharply, however, the national oil company of Mexico continued to increase investment in oil and gas exploration operations in the United States and Canada, operating in major markets such as the amount of time to substantially reduced, including Halliburton and Schlumberger Company well-known abroad, including oil services companies in Mexico to provide opportunities for oil and gas operations.
Aug. 21, 2009
Qatar oil and gas capacity in 2014 reached 5 million barrels of oil equivalent
According to media Doha August 17 reported that the Qatar News Agency today quoted the country's oil sector, a senior official as saying that oil and gas capacity in Qatar in 2014 will reach 5 million barrels of oil equivalent, Qatar, the planned expansion of a number of energy projects will be completed in 2014.
Reuters quoted Qatar Petroleum oil and gas project manager as saying that the world's largest liquefied natural gas (LNG) exporter in 2014 in the Nissan prior to 23 billion cubic feet of natural gas. He said that Qatar is expected to be 2014 before the annual production capacity of 12 million tons of propane and butane, the country's total output of petrochemical products by 2015 will reach 4.3 million tons.
According to a Reuters survey, the smallest OPEC oil-producing countries in July the average daily output 710,000 barrels of oil. At present annual output of 45 million tons of LNG, Qatar intends to achieve in 2010 an annual output of 77 million tons LNG can.
Aug. 19, 2009
Reuters quoted Qatar Petroleum oil and gas project manager as saying that the world's largest liquefied natural gas (LNG) exporter in 2014 in the Nissan prior to 23 billion cubic feet of natural gas. He said that Qatar is expected to be 2014 before the annual production capacity of 12 million tons of propane and butane, the country's total output of petrochemical products by 2015 will reach 4.3 million tons.
According to a Reuters survey, the smallest OPEC oil-producing countries in July the average daily output 710,000 barrels of oil. At present annual output of 45 million tons of LNG, Qatar intends to achieve in 2010 an annual output of 77 million tons LNG can.
Aug. 19, 2009
IEA: Oil output in Nigeria dropped to its lowest level in 20 years
International Energy Agency (IEA) has said that Nigeria's current oil production has fallen over the past 20 years the country to the lowest level. The Nigerian government in June agreed to implement the amnesty to end violence in the Niger Delta region activities in Nigeria is almost no positive impact on oil production.
International Energy Agency in its monthly oil market, said in July the International Energy Agency estimated that the average Nigerian crude oil production 1.68 million barrels, more than in June crude oil production decreased by 4 million barrels a day and far below the Government's assumption of Nigeria 3,000,000 barrels per day capacity.
In the Niger Delta region of swamps and rivers of oil companies operating in the past few years by local militants had been a serious constraint, the local militants have been most in the search for local control of oil wealth.
Aug. 16, 2009
International Energy Agency in its monthly oil market, said in July the International Energy Agency estimated that the average Nigerian crude oil production 1.68 million barrels, more than in June crude oil production decreased by 4 million barrels a day and far below the Government's assumption of Nigeria 3,000,000 barrels per day capacity.
In the Niger Delta region of swamps and rivers of oil companies operating in the past few years by local militants had been a serious constraint, the local militants have been most in the search for local control of oil wealth.
Aug. 16, 2009
Iraq oil exports in July hit a record high
Iraq's State Oil Marketing Organization Farah has announced that in July this year on Iraq's oil export volume has increased to 2.037 million barrels a day, for the war in Iraq since 2003, the highest on record.
Reports indicate that this year, Iraq's energy production to increase oil production enterprises and a substantial increase in the volume of crude oil exports to Japan, in addition to the international crude oil market continues to rise in oil prices. These factors make the Iraqi government revenue continues to grow. This has provided the Iraqi government more funds to promote economic plan to rebuild the country. According to the Iraqi Oil Ministry to develop ten-year development plan, Iraq's crude oil output in 2013 from the current 2.4 million barrels to 450 million barrels per day.
Aug. 11, 2009
Reports indicate that this year, Iraq's energy production to increase oil production enterprises and a substantial increase in the volume of crude oil exports to Japan, in addition to the international crude oil market continues to rise in oil prices. These factors make the Iraqi government revenue continues to grow. This has provided the Iraqi government more funds to promote economic plan to rebuild the country. According to the Iraqi Oil Ministry to develop ten-year development plan, Iraq's crude oil output in 2013 from the current 2.4 million barrels to 450 million barrels per day.
Aug. 11, 2009
India, in 2014 the degree of dependence on oil imports will reach 80%
News August 6, India, vice minister of Ministry of Oil said Thursday Jitin Prasada, India is expected to import crude oil dependence in the April 1, 2014 fiscal year starting from the closing of the March 31, 2009 the previous financial increased to 77% of the annual total demand of about 80%.
Jitin Prasada letter to the House of Representatives of the legislators said that India's recent financial year, net imports of crude oil increased by more than 6 percent last year to 1.0951 million tons or 2.19 million barrels a day. He said that the 4-June last year, the import volume increased by 15% to 2,832 million tons. Government of India will take several measures to reduce the country's import dependence, including the auction more oil and gas exploration block to prevent the decline in output of aging oil fields.
Aug. 8, 2009
Jitin Prasada letter to the House of Representatives of the legislators said that India's recent financial year, net imports of crude oil increased by more than 6 percent last year to 1.0951 million tons or 2.19 million barrels a day. He said that the 4-June last year, the import volume increased by 15% to 2,832 million tons. Government of India will take several measures to reduce the country's import dependence, including the auction more oil and gas exploration block to prevent the decline in output of aging oil fields.
Aug. 8, 2009
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