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Occidental Sees Profits in Carbon Capture, Downplays Oil Production Growth

2021-10-07 21:23:31| OGI

Occidental has one of the most ambitious programs of the industry to capture CO2 from the atmosphere and re-inject it in the ground as a way to mitigate global warming.

Tags: production growth oil capture

 

US Offshore Oil production Losses Felt Around the Globe

2021-09-10 16:04:13| OGI

Hurricane Ida has removed more than 20 million barrels of U.S. Gulf production from the market.

Tags: production oil felt losses

 
 

Over 80% of Oil Production in Gulf of Mexico Still Offline a Week after Ida

2021-09-07 11:20:00| OGI

Oil and gas companies in the U.S. Gulf of Mexico have been struggling to resume production after Ida damaged platforms and caused onshore power outages.

Tags: after still week production

 

Hurricane Ida Cuts Deep into US Oil Production, Gasoline Supplies

2021-08-30 11:05:00| OGI

Ida made landfall on Aug. 29 near Port Fourchon, the land base for the Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the U.S.

Tags: production supplies deep oil

 

Exxon Mobil Sees 'Great Opportunity' for Low-Emission Oil Production in Brazil

2021-08-18 20:30:00| OGI

The oil major is considering a pledge to cut carbon emissions to net zero by 2050 amid pressure from investors to address climate change concerns.

Tags: great production opportunity oil

 

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