Despite the controversies surrounding the Crude for Petroleum Products Exchange Agreements, better known as crude oil swaps, and Offshore Processing Agreements (OPAs), entered into by the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and oil traders between 2011 and 2014, the corporation, the company has scored itself […]
Tag Archives: Counts
March 17, 2015 Source: U.S. Energy Information Administration, Republished March 17, 2015, 10:00 a.m., text was modified to clarify content. EIA’s most recent . The DPR estimates, which were issued on March 9 and cover the months of March and April, include the first projected declines in crude oil production in these regions since publication […]
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In recent posts about the situation in the Middle East, I have noted the need for Aramco to increase the number of drilling rigs that it must use, since it is now looking for natural gas in their tight sand deposits rather than finding the large reserves that they had hoped in the shale reservoirs. […]
