After a detailed exploration of the reasons for the current increase in oil production capacity, with much more coming after 2020, Maugeri warns that the oil industry will need to work hard to limit environmental risks from greatly expanded drilling for oil (and natural gas) in shale deposits, a vast resource that has been made tappable by hydraulic fracturing, known also as fracking. (dotearth.blogs.nytimes.com)
Nasser said he planned to direct investment into refining and petrochemicals, growing the so - called «downstream» side of the business, rather than increase the company's current oil production capacity of 12 million barrels a day. (bloomberg.com)
Iraq: Baghdad's Common Seawater Supply Project is key to its plans to boost oil production capacity to as much as 6.5 million b / d by 2022. (resilience.org)