The major oil producer located in the Caucasus region is launching a systematic initiative to boost oil and gas exploration and production, driven by anticipated output declines from its mature Azeri-Chirag-Gunashli (ACG) oil complex.
June 08, 2025
The Uinta Basin in Utah, a rapidly growing crude-oil-producing region, holds significant potential for waxy crude production, but its long-term viability hinges on adequate takeaway capacity and supportive infrastructure.
June 08, 2025