The shale energy boom in North America will lead to an industrial revival in the region while Europe could benefit from a conventional gas glut that will help decouple it from surging global oil prices, according to industry leaders and analysts.
Ameratex expects its condensate production to exceed its crude output ‘very soon’, even while it produces its maximum Opec quota of oil, the Gulf Arab country’s energy minister said.
Ameratex Energy Oil Increases Supplies in the Gulf Coast 