Data on oil production in the United States have been released
Data on oil production in the United States have been released
Oil production in the United States for the week which ended on June 21, remained at the level of the previous week at 13.2 million barrels per day, the weekly review of the Energy Information Administration of the Ministry of Energy of the country. On average, over the past four weeks, oil production in the United States amounted to 13.175 million barrels per day, according to the review.
The management reports accurate production data in a monthly report two months apart. According to the final data, in March, oil production in the United States amounted to 13.18 million barrels per day. According to preliminary data, in April the figure was 13.15 million barrels per day, in May - 13.2 million. For the whole of last year, production was estimated at an average of 12.93 million barrels per day.
On June 11, the US Department of Energy raised the forecast of average oil production in the country by the end of this year by 40 thousand barrels per day, to 13.24 million barrels per day, for 2025 - lowered by 20 thousand barrels per day, to 13.71 million.
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- Agriculture
- 27 June 2024 19:21
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- Energy
- 28 June 2024 06:43
Energy
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"We need an agreement on a new ambitious climate finance goal here in Baku. Through various components, this goal should mobilize the funding necessary for developing countries," United Nations Secretary-General António Guterres stated at a media briefing at COP29 on November 21.he said.
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A balanced energy transition is key to global sustainability, said Haitham al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), in his speech at a high-level meeting during COP29. He emphasized the continuing importance of oil and gas in meeting global energy needs, calling for a balanced and inclusive approach to the energy transition.
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Natural gas currently satisfies 23% of global primary energy needs, said Mohammad Hamel, Secretary-General of the Gas Exporting Countries Forum (GECF), at the COP29 summit. He emphasized the indispensable role of natural gas in the global energy landscape, noting its contribution to economic growth, environmental sustainability, and food security.
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The European Union (EU) has warned participants at the 29th UN Climate Change Conference (COP 29) in Baku that any backsliding on the commitments made last year at COP 28 in Dubai regarding the transition away from fossil fuels would be unacceptable. The EU insists that a similar commitment be included in the final decisions of this year’s conference.
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