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Search Results for: Aramco

Adco investing up to $7bn in commitment to meet 2017 oil production target
November 11th, 2014 (0)
The Abu Dhabi Company for Onshore Oil Operations (Adco) is set to invest a further US$5 billion to $7bn to meet its production target of 1.8 million barrels per day (bpd) by the end of 2017, the company’s chief ...

A New American Oil Bonanza
August 29th, 2014 (0)
The United States now accounts for 10% of the world’s oil production. As it sharply curtails imports from countries like Angola and Nigeria, those producers are then compelled to sell their oil to China and other Asian markets at ...
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