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Tag: oil production
OPEC Considering Deeper Oil Production Cuts Due To China Virus
2020-01-28 14:35:33| OGI
The quick slide in oil prices over the past few days has alarmed OPEC officials, the sources say, as the new virus found in China raised concerns about a hit to economic growth and oil demand.
Tags: due
china
production
oil
EIA: US Shale Oil Production To Hit Record In February
2020-01-21 22:30:00| OGI
U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.
Tags: february
record
hit
production
Equatorial Guinea To Add 20,000 Barrels Per Day Of Oil Production This Year
2020-01-13 14:56:00| OGI
Equatorial Guinea, a member of OPEC, currently produces 120,000 bbl/d.
China Opens Oil, Gas Exploration, Production For Foreign, Domestic Firms
2020-01-09 15:46:26| OGI
From May 1, foreign firms registered in China with net assets of 300 million yuan (US$43 million) will be allowed to take part in oil and gas exploration and production, the ministry of natural resources announced at a news conference.
Tags: production
foreign
gas
oil
Russia Oil Production Surges To Record High In 2019
2020-01-02 19:25:00| OGI
Russian oil production has been rising for the past decade thanks to the startup of new fields and the introduction of new technologies at mature deposits.
Tags: high
record
production
oil
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