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Strike Would Cut Norways Oil, Gas Output By 11% Per Day

2019-06-03 15:07:25| OGI

Members of the Lederne union are planning to strike at Neptune Energys Gjoea field, Okeas Draugen, Aker BPs Ivar Aasen and Equinors Kristin, Oseberg East and Gudrun fields.

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US Drillers Cut Oil Rigs For Sixth Straight Month

2019-05-31 20:35:38| OGI

Year-to-date, the total number of oil and gas rigs active in the U.S. has averaged 1,025. Most rigs produce both oil and gas.

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Russia To Consider Extending Oil Output Cut With OPEC

2019-05-29 17:42:58| OGI

Deputy PM says Moscow will consider oil prices vs. loss of market share in decision.

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US Oil Drillers Cut Rigs For Third Week In A Row

2019-05-24 20:32:38| OGI

U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as weaker oil prices encourage drillers to follow through on plans to cut spending.

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US Oil Drillers Cut Rigs, Count Falls By Two

2019-05-10 19:35:21| OGI

The rig count has declined over the past five months as independent E&P companies cut spending on new drilling as they focus more on earnings growth instead of increased output.

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