Posts Tagged ‘depletion of the fields’

One Day – One Country: Brunei

Brunei Key Projects and Business Highlights The Sultanate of Brunei Darussalam (Brunei) is the largest net exporter of oil and gas in Asia with 125,000 barrels per day (b/d). The first oil was discovered in Brunei in 1899 near Bandar Seri Begawan city and in 1925 Shell created Brunei Shell Petroleum (BSP) to explore and develop […]

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US Government to replace WTI for crude oil prices benchmark

EIA to adopt North Sea Brent crude oil as benchmark US Government energy agency, the Energy Information Administration (EIA) published in its annual energy out look its decision to replace the historical West Texas Intermediate (WTI) crude oil traded on New York Mercantile Exchange by the European Brent listed on […]

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