Thai’s crude oil output expected to reach 250,000 barrels
Reports reveal that Thailand’s average output of crude oil and condensate is expected to reach 250,000 barrels a day this year, up 6.8% from 2008. For full story, click here
Reports reveal that Thailand’s average output of crude oil and condensate is expected to reach 250,000 barrels a day this year, up 6.8% from 2008. For full story, click here
Sinopec Group reported that it processed 26.62 million tonnes or 3.29 million barrels per day of oil in the first two months of this year. For full story, click here
U.S. crude oil supplies last week hit the highest level in nearly two years. Crude oil supplies surged 2 million barrels in the week ended March 13 to hit 353.3 million barrels. For full story, click here
Owing to inefficiencies, funding constraints and shut-in of oil wells due to crisis in the Niger Delta, approximately 430 million barrels of crude oil have been lost by Nigeria in the NNPC, Shell Joint Venture deal. Shell’s African Executive Vice President, Ms. Ann Pickard, said: The inefficiencies in the sector that are blocking Nigeria from [...]
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