U.S. oil production continues to break records this year, and the latest federal data shows crude output hit 11 million barrels a day in the previous week, with U.S. oil production doubling in the last eight years. US Oil Production American Enterprise Institute economist Mark Perry noted the production milestone on Twitter, citing the latest […]
Oil Production is Up in the US; Small Producers Feeling Pinched Read More »
ExxonMobil restarted one of the country’s largest refineries in Texas Saturday after flooding from Tropical Storm Harvey forced the oil producer to take the facility offline for nearly a week. Exxon told reporters the company began resuscitating the Baytown refinery Friday. The facility, which was closed Aug. 27 because of heavy rainfall from Harvey, can churn out more
Some five months after Russia’s nuclear hopes in South Africa came crashing down thanks to a High Court order that forced the SA government back to the drawing board, bilateral co-operation between the two countries appears to be working just fine – for now. This is thanks to the deal signed between PetroSA and Rosgeo
PetroSA: Russian geological SEO Rosgeo throws national oil company a R5-billion lifeline Read More »
