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    World tight oil production to more than double from 2015 to 2040

    By hellenicshippingnews World tight oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million barrels per day (b/d) in 2015 to 10.36 million b/d in 2040, according to the U.S. Energy Information Administration’s International Energy Outlook 2016 (IEO2016) and Annual Energy Outlook 2016 (AEO2016). Most of the projected increase will come … Read full story ›

    Source:: Hellenic shipping news Oil