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IHS Markit: small long-term change for Canadian oil sands despite COVID-19 Shock & largest annual production decline in 2020

2020-07-29 12:55:40| Green Car Congress

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Canadas Hibernia Oil Platform Shuts Production After Leak

2020-07-21 15:04:18| OGI

Hibernia sits roughly 315 km (200 miles) east of St. Johns, Newfoundland and Labrador.

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OPEC+ Set to Ease Record Oil Production Cuts from August

2020-07-15 15:00:00| OGI

OPEC and its allies, including Russia, have been cutting output since May by 9.7 million bbl/d, or 10% of global supply, after the virus destroyed a third of global demand.

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US Shale Oil Production Forecast to Hit Two-year Low in August

2020-07-13 21:25:00| OGI

The biggest decline is forecast for the Eagle Ford Shale, where oil production is expected to slide by about 23,000 bbl/d to 1.1 million bbl/d, the lowest level since August 2017.

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Noble Energy to Bring Back Most of Curtailed Oil Production by End of July

2020-07-09 15:15:12| OGI

During the second quarter, Nobles curtailments averaged about 11,000 bbl/d, which totaled 32,000 boe/d on a net basis, the company said in a statement.

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