Sat, 18 May 2013 16:17:15 CDT   ameinfo.com

Qatar: Opec has said French oil major Total is looking to re-develop Qatar's offshore Al Khalij oil field in a bid to stabilise and boost its recovery rate, Gulf Times has reported. Total recently negotiated a 25-year extension to its licence to operate the field. The deal was due to expire in 2014. Production from the field, which was as high as 50,000 bpd in 2005 and 40,000 bpd in 2008, currently stands at around 25,000 bpd. Total discovered the field in 1991 after signing up for a 25-year operating....


Wed, 15 May 2013 16:46:57 CDT   npr.org

The United States has emerged as the star performer on the global oil scene, according to the latest oil outlook from the International Energy Agency. Oil production from the United States grew at a record pace last year for a non-OPEC nations. Meanwhile, emerging economies have become the big oil buyers.


Tue, 14 May 2013 15:51:52 CDT   npr.org

The United States has emerged as the star performer on the global oil scene, according to the latest oil outlook from the International Energy Agency. Oil production from the United States grew at a record pace last year for a non-OPEC nations. Meanwhile, emerging economies have become the big oil buyers.


 
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