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Oil Companies Idle Production as US Gulf Coast Braces for Hurricane Sally

2020-09-14 11:05:00| OGI

Since Sept. 12, energy companies began shutting offshore production as they evacuated workers in the path of the storm including Shell, Chevron, Murphy Oil and Equinor.

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CNOOC Begins Production at Nanbao 32-2 Oil Field in Chinas Bohai Bay

2020-09-11 14:54:40| OGI

Peak production of about 1,800 barrels of crude oil per day is expected in 2021.

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US Crude Oil Production to Fall Less Than Previously Expected in 2020

2020-09-10 11:10:00| OGI

A swifter rebound in oil production could create another supply glut. Lately, oil futures have slipped to near three-month lows due to oversupply fears.

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US Oil Production Rises from Dramatic Plunge in May

2020-08-31 20:30:00| OGI

U.S. oil production rose in June but remained far below April levels following a dramatic plunge in May, the U.S. Energy Information Administration said in a monthly report on Aug. 31.

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OPEC+ Compliance with Oil Production Cuts Around 97% in July

2020-08-17 22:15:00| OGI

In August, OPEC+ eased its oil pruduction cuts to 7.7 million bbl/d from 9.7 million bbl/d previously, a record cutback, as demand partially recovered.

Tags: in july production oil

 

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