Dr Carole Nakhle, CEO of Crystol Energy, comments on OPEC oil production cuts in an interview given to Reuters where Henning Gloystein discusses a recent surge in long-haul shipments of crude oil from the US, Brazil, the North Sea and the Mediterranean to Asia. Production cuts arising from last November’s agreement between OPEC and leading non-OPEC producers, in tandem with lower tanker freight rates have been the driving force behind these movements.
There is a simple reason why oil and gas companies keep investing in new projects
Dr. Carole Nakhle This article was first published on GeoExpro Magazine (Vol. 21, Issue 1, 2024) Many question why oil and gas companies are still