OPEC+ members could hike July oil production by 411,000 barrels per day: Sources Our only oil and natural gas stock stands to win big if a key pipeline is revived OPEC+ alliance holds oil quotas ahead of July o
The production of offshore oil and gas in China is expected to increase this year, as the country's top offshore oil and gas driller China National Offshore Oil Corp has discovered a high-yield well in the Beibu Gulf that produces over 1,000 cubic meters of oil equivalent daily, i...
In contrast, Sinopec, a Chinese oil company, which largely focuses on refining, reported a daily production of 769,000 barrels. Due in part to its position as refining leader, Sinopec claimed the highest revenue among global oil and gas companies, reaching nearly 373 billion U.S. dollars in...
Johnson Controls has unrivalled experience in providing complete life safety and asset integrity services to the oil and gas industry worldwide. We have been passionately committed to protecting life, assets and the environment for more than 120 years. ...
Gas and Oil industry Trade Shows by country Brazil(13) India(8) Mexico(8) Colombia(6) Argentina(5) Bahrain(5) Russia(4) France(4) Saudi Arabia(4) United States(4) United Kingdom(3) Italy(3) All countries » They're taking place… ...
Description:The map below shows how Electricity production from oil, gas and coal sources (% of total) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is...
However, oil remains a primary driver for the economy in producing countries, and its vast reserves may launch other African nations as new producers. The hydrocarbon sector has also shown its potential regarding natural gas, reserves of which exceed 625 trillion cubic meters. Show more - ...
Unlock the full value of your oil and gas assets McKinsey experience shows that if Oil and Gas operators maximize the production efficiency of their assets, they can boost net present value by 30% and reduce lifting costs by up to 50% within a year. However, capturing the full value of ...
By prioritizing high-return investments and maintaining a focus on production efficiency, oil and gas companies have worked to ensure robust financial performance and retained investor trust. Over the last four years, the industry’s capital expenditures have increased by 53%, while its net profit ...
The limited inventory of sufficiently lucrative drilling locations serves as another constraint on oil and gas production growth and was already evident in the Permian in 2022.17 Which Country Is the Largest Oil Producer? The United States is the world's largest oil producer. It has been the worl...