This infographic below provides an overview of what is enhanced oil recovery is all about and the types of enhanced oil recovery methods available: Source: drillinginfo
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When it comes to oil prices fluctuations, supply and demand is the main factor that drives oil prices up or down. Other factors such as OPEC stance, wars,…
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Here is an overview of how the biggest oil and gas companies around the world such as Saudi Aramco, ExxonMobil, Chevron Corporation, Royal Dutch Shell and BP were…
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Adding to the current support oil prices received from the recent calls by Saudi Arabia’s oil minister Khalid Al-Falih for an extension of global oil output quotas beyond…
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What is the main reason for the current downturn in the oil and gas industry? The first answers that come to mind are: Shale oil, OPEC’s decision not…
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Last Week Oil Market Data: Last Week Crude Oil Price Movement: Oil prices were under pressure last week as expected in our last Week’s Oil Price Commentary. Brent crude…
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Crude oil price today hit another level high this year after OPEC and non-OPEC producers reached a deal to jointly cut oil output in order to ease the…
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Today, the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut its oil output for the first time since 2008. A decision that surprised the oil market…
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