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Tag: oil production
Occidental to Cut Debt Before Boosting Oil Production, CEO Vicki Hollub Says
2020-08-11 20:35:00| OGI
Occidental is restarting some activity in the Permian Basin and Gulf of Mexico, but its focus is to "ensure that we have the liquidity to go forward so we have the ability to meet our maturities," CEO Vicki Hollub says.
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says
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oil
US Oil Production Drop in 2020 to Be Steeper Than Last Forecast
2020-08-11 19:30:00| OGI
The EIA said U.S. oil production curtailments were more extensive than estimated for its previous month's report, leading to the revision this month.
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production
oil
drop
Azerbaijan Expects to Start Oil, Gas Production at Karabakh Field by Year-end 2022
2020-08-11 18:39:16| OGI
The Azeri state energy company SOCAR has been developing the Karabakh Field in a joint venture with Norways Equinor since May 2018.
Tags: start
field
production
gas
Oil Giants Cut Production, Post Massive Writedowns
2020-08-10 15:07:18| OGI
The worlds five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter and slashed production rates.
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production
cut
oil
EIA: US Records in May Biggest Oil Production Drop Since 1980
2020-08-04 20:24:27| OGI
Oil production dropped by 1.99 million barrels per day, or 16.6%, in May compared to April, EIA data show.
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records
production
oil
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