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Tag: oil production
Saudi Arabia To Keep Oil Production At Record Rate For Coming Months
2020-03-18 18:35:50| OGI
Saudi Arabia said it will boost its crude supply in April to a record rate and its oil exports are also set to hit a new high in May.
Tags: rate
months
record
production
OPEC Backs Deepest Oil Production Cut Since 2008 Crisis
2020-03-05 15:00:00| OGI
The oil demand outlook has been pummeled by governments' steps to halt the spread of the virus, prompting OPEC to consider its deepest cut since the 2008 financial crisis.
Tags: production
cut
oil
crisis
Chesapeake Energy 2020 Oil Production Plan Disappoints, Shares Slide
2020-02-26 21:00:00| OGI
Shale pioneer Chesapeake Energy has been shifting to higher-margin oil production in response to sliding gas prices caused by a global supply glut.
Tags: plan
production
energy
oil
Russia Supports Deeper Oil Production Cuts Proposed By OPEC+ Panel
2020-02-07 11:10:00| OGI
Russia supports a recommendation an OPEC+ technical panel made for a provisional cut in oil output in response to the coronavirus' impact on energy demand, Foreign Minister Sergei Lavrov says.
Tags: production
panel
oil
proposed
Deeper OPEC+ Oil Production Cuts Await Nod From Russia, Sources Say
2020-02-06 14:20:25| OGI
An OPEC+ technical panel has recommended a provisional cut in oil output of 600,000 bbl/d in response to the coronavirus' impact on energy demand as it awaits Russia's final position.
Tags: say
production
sources
oil
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