declining trend. the growth in demand is initially met from non-opec producers, led by us tight oil. but as us tight oil production declines in the final decade of the outlook, opec becomes the main source of incremental supply. opec output increases by mb/d over the outlook, with all of this growth...
outlet capacity of 258 million cubic feet per day. total daily production in 2018 averaged 183 million cubic feet of natural gas (84 million net). working in the south china sea and bohai bay in the south china sea, the company has a 32.7 percent working interest in offshore block 16/19, with six crude...
the economy depended primarily on oil tax revenues but the country has other potential assets: arable land for agriculture, water resources in abundance, fauna and flora diversity, mineral resources, and more the tourism industry and other prospects can help boost the national economy and consequently...
temporary inventory positions. management believes this information is useful to illustrate to investors the fact that crudeoil and product prices can vary significantly from period to period and that the impact on our reported result under ifrs can be significant. inventory holding gains and losses...