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US Oil Rig Count Dips, Gas Rig Count Inches Up

2021-04-30 19:24:35| OGI

U.S. oil rigs fell one to 342 this week, while gas rigs rose two to 96, their highest since April 2020,  according to Baker Hughes' data.

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US Crude Oil Output Fell in February to Lowest Since 2017

2021-04-30 19:06:04| OGI

U.S. oil production dropped 1.197 MMbbl/d in February to 9.862 MMbbl/d, shows a monthly report from the U.S. Energy Information Administration (EIA).

Tags: february lowest oil output

 
 

Report Shows Global Flaring Levels Down in Oil Sector

2021-04-30 16:32:52| OGI

The U.S. and Nigeria were among the countries noted for making strides in lowering volumes of flared gas.

Tags: report global shows levels

 

Mexico Port Works on US-Sanctioned Cuban Tankers that Carry Venezuelan Oil

2021-04-30 16:21:11| OGI

Work on the tankers could potentially violate sanctions on Venezuela, lawyers say.

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Exxon Mobil Posts First Profit in Five Quarters on Higher Oil Prices

2021-04-30 15:13:59| OGI

Net income attributable to Exxon was $2.73 billion, or 64 cents per share, in the first quarter, compared with a loss of $610 million, or 14 cents per share, a year earlier.

Tags: posts prices higher oil

 

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