Brazil's state oil company said today, after the Tupi oil and gas fields discovered on estimates of reserves, the oil and natural gas reserves at about 5 billion -8 billion barrels of oil equivalent. Tupi oil and gas fields in the Americas region since the 70s of last century since the discovery of the largest oil and gas fields. The oil and gas fields of storage depth of approximately 2100 meters.
Tupi oil and gas field belong to BM-S-11 exploration areas, by the Brazilian National Petroleum holds 65%, British Gas Group, holding 25 percent, Portugal, Galp Energy Group holding 10%.
Nov. 14, 2009
Saudi Aramco: global oil demand next year by 1.5 million barrels per day
According to media reports in London November 12, Saudi Arabia, the state-owned oil giant Saudi Arabian Oil Company (Saudi Aramco Company) chief executive officer Khalid Salih France a few days ago, said in an interview, due to the global economic recovery, global oil demand Starting in 2010, may be growing from one million to 1.5 million barrels. However, the law Saleh added that there is no need for Saudi Arabia to increase oil production capacity.
France Salih predicted increase in global oil demand next year, the number far exceeds the Petroleum Exporting Countries (OPEC) has recently made global oil demand next year by 750,000 barrels a day forecast, but next year, the International Energy Agency recently made the world's oil demand will increase 1.42 million barrels a day forecast in line.
Nov. 13, 2009
France Salih predicted increase in global oil demand next year, the number far exceeds the Petroleum Exporting Countries (OPEC) has recently made global oil demand next year by 750,000 barrels a day forecast, but next year, the International Energy Agency recently made the world's oil demand will increase 1.42 million barrels a day forecast in line.
Nov. 13, 2009
IEA cuts 2030 global oil demand forecast
November 10 Paris news, because of the economic crisis cut oil consumption in developed countries, and environmental policies to encourage the use of alternative energy sources, the International Energy Agency (IEA) cut its global oil demand for long-term projections.
The International Energy Agency in its annual World Energy Outlook report says that world oil demand in 2003, before the year is expected to increase by 1%, from 85 million barrels in 2008 to 1.05 million barrels, but that figure was lower than last year, to make Global Day of 2030 required 1.06 million barrels of oil estimates.
The Paris-based International Energy Agency in its latest annual World Energy Outlook report says the global financial crisis and the ensuing economic downturn on prospects for the energy market has brought a significant impact on the world's total energy demand has been with the economic contraction The substantially reduced.
Nov. 11, 2009
The International Energy Agency in its annual World Energy Outlook report says that world oil demand in 2003, before the year is expected to increase by 1%, from 85 million barrels in 2008 to 1.05 million barrels, but that figure was lower than last year, to make Global Day of 2030 required 1.06 million barrels of oil estimates.
The Paris-based International Energy Agency in its latest annual World Energy Outlook report says the global financial crisis and the ensuing economic downturn on prospects for the energy market has brought a significant impact on the world's total energy demand has been with the economic contraction The substantially reduced.
Nov. 11, 2009
Saudi oil in the next 10 years will be 4 trillion U.S. dollars of income
According to Arab media reports in Riyadh November 7, Deutsche Bank recently released an analysis report that, in accordance with the current oil prices in 2011 forecast of 85 U.S. dollars a barrel, and oil prices in the next 10 years, an average annual increase 5% and appropriate to ensure continued Nissan 10 million barrels of oil, Saudi Arabia's oil in the next 10 years their economy will be 4 trillion in revenue.
Reported that Saudi Arabia is the world's leading oil-exporting countries, the country has accounted for more than 20% of the world's proven oil reserves and large quantities of natural gas reserves. The report said: "If according to Deutsche Bank in 2011 made by 85 U.S. dollars per barrel oil price forecasts, we estimate that the increase in oil prices in 2011 on the Saudi economy will be bringing an additional 60 billion U.S. dollars in revenue."
Reported that the next 5 to 10 years of strong oil prices will allow the Saudi government to continue its diversification efforts and to promote non-oil economy. In Saudi Arabia, such as power generation, telecommunications, gas and petrochemical industries, as in the next 10 years will benefit from the rising oil prices benefit, which will also help to increase employment opportunities.
Nov. 9, 2009
Reported that Saudi Arabia is the world's leading oil-exporting countries, the country has accounted for more than 20% of the world's proven oil reserves and large quantities of natural gas reserves. The report said: "If according to Deutsche Bank in 2011 made by 85 U.S. dollars per barrel oil price forecasts, we estimate that the increase in oil prices in 2011 on the Saudi economy will be bringing an additional 60 billion U.S. dollars in revenue."
Reported that the next 5 to 10 years of strong oil prices will allow the Saudi government to continue its diversification efforts and to promote non-oil economy. In Saudi Arabia, such as power generation, telecommunications, gas and petrochemical industries, as in the next 10 years will benefit from the rising oil prices benefit, which will also help to increase employment opportunities.
Nov. 9, 2009
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