PR and Marketing

Daria Getsman
`

Daria Getsman

Head of External Relations

getsman@triolcorp.com

+17134890309

New rules on the oil market

13/10/2016

On October 19th OPEC secretary gave a speech at “Oil & Money conference” in London. The objective of the event was to restore balance and sustainability at the oil market.

The participants discussed the current situation of the oil market and emphasized on the importance of the recent Algiers Agreement taken by the Organization at the 170th (Extraordinary) Meeting of the OPEC Conference.

It was drawn that the Аgreement was caused by the fundamental factors of supply, in particular the high level of inventories accumulated in recent years against the background of oversupply, often happened due to the high cost regions.

In addition to these topics other important oil-producing market were raised, for example, the question of new technologies, the demand for oil, climate change, energy policy and many more.

OPEC secretary general also informed about the scheduled meeting with the countries outside of OPEC, which will take place on October 29 in Vienna. The purpose of this event will be to approval of the balance of oil production.

Triol Corporation as a leading manufacturer of oilfield equipment focuses primarily on the needs of customers and follows industry trends.

In the infographic below you can find out the information about how and by what OPEC has an impact on the oil companies.

Voltage inverters, frequency inverters, variable frequency drives (VFD), variable speed drives (VSD), soft starters, LESP of Triol Corporation are the right solutions for your oil company!

OPEC

News
Triol Webinars: LESP –…

01/08/2018

Oil&Gas industry has always been one massive field for innovative and unique developments to offer.…

We Are Waiting for…

30/07/2018

SPE Artificial Lift Conference and Exhibition 2018 is coming soon and we are as always…

Controlling Energy of the…

25/07/2018

Solar energy is a great resource granted by nature to the people with no charge.…

Triol Webinars: Be Ready…

Oil production is a difficult and expensive procedure. From year to year, the situation is…

Triol Solutions for Elevator…

23/07/2018

Lifting mechanisms enclose multiple varieties of modifications. Today they are widely spread in the most…

Multifunctional solution for industrial…

18/07/2018

Developing new products, Triol experts are always focused on creating a multifunctional and adaptive solution…

Time Proved Approach: Triol…

16/07/2018

How is a common production flow set up? The digital age is a dynamic and…

General comments:

Leave a Reply

Login with: 

Comments from Facebook: