FSU to add 145,000 bpd to global oil supply by 2021, says GlobalData

Analysis of crude oil production in Former Soviet Union (FSU) shows that about $123 billion in capital expenditure (capex) would be spent by FSU on oil projects over the next four years, to ensure that production grows to around 14.2 MMbpd in 2021, according to GlobalData, a leading data and analytics company. More »