United States Oil Production is Expected to Rise in Large Oil and Gas Regions of the Country in March
Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in March compared to the current month by 75 thousand barrels per day, or 0.8%, to 9.357 million barrels, the Energy Information Administration …
EIA: Crude Oil Prices to Remain Low Through 2016 and 2017
The U.S. Energy Information Administration’s, EIA; www.eia.gov new “Today in Energy” brief looks at EIA’s forecast of low oil prices during 2016 and 2017, as global oil inventories are expected to continue increasing this year and through the first half of next year. “Crude oil prices are expected to remain …
EIA: Russia – Largest Producer of Crude and Lease Condensate
Russia is the world’s largest producer of crude oil (including lease condensate) and the second-largest producer of dry natural gas, after the United States. Hydrocarbons play a large role in the Russian economy, as revenue from oil and natural gas production and exports accounts for more than half of Russia’s …
EIA Launches Redesigned International Energy Portal
Today, the U.S. Energy Information Administration (EIA) launched a redesigned International Energy Portal to improve access to international energy data and trends in global energy markets. The portal can be viewed at: http://www.eia.gov/beta/international/ “With most of the future growth in energy consumption expected to occur outside of the United States …
Turkey Approves EIA Report for South Stream’s Offshore Section
The Ministry of Environment and Urban Planning of Turkey approved the Environmental Impact Assessment (EIA) Report and issued a positive opinion of the EIA results for South Stream’s offshore section in Turkey. The Report contains the assessment of potential environmental impacts caused by the gas pipeline construction, including the impact on the seabed geology, water quality and marine ecology. The …