Fatih Birol, executive director of International Energy Agency (IEA) said that the US would meet about two-thirds of global oil demand in about five years, signalling that the US producers would continue to fill the gap left by production cuts from OPEC producers and Russia
Exploration & Production
Bahrain says offshore oilfield could contain 80bbo
Bahrain’s National Oil and Gas Authority (NOGA) said its estimates tight oil amounting to at least 80bbo in what has become the country’s largest discovery of oil and gas ever