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
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,…
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…
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…
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…
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…
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…
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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