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Tag: oil
US Shale Oil Output to Drop by 123,000 Barrels per Day in November
2020-10-13 22:20:00| OGI
Separately, the EIA projected U.S. natural gas output would decline for a third month in a row to 81.8 Bcf/d in November. That would be down over 600 MMcf/d from its forecast for October.
Report: Bankruptcies in Oil Sector Surge during Third Quarter
2020-10-13 20:05:00| OGI
In third-quarter 2020, 17 oil producers sought bankruptcy protection, fueling a 21% jump in such filings in the first nine months of 2020 from a year earlier, according to a Haynes and Boone report.
OPEC Again Cuts 2021 Oil Demand Forecast as Virus Cases Rise
2020-10-13 15:02:31| OGI
Demand will rise by 6.54 million barrels per day (MMbbl/d) next year to 96.84 MMbbl/d, OPEC said in a monthly report.
Storm Aftermath Keeps Nearly 70% of US Gulf of Mexico Oil Production Shut
2020-10-12 22:20:00| OGI
Between Oct. 6 and Oct. 12, a cumulative total of 10.1 million barrels of crude oil production and 9.6 Bcf of natural gas output from the Gulf of Mexico has been shut because of Hurricane Delta.
Tags: production
mexico
oil
storm
France to Rein In Export Guarantees For Oil and Gas Industry
2020-10-12 20:25:00| OGI
France will stop providing state export guarantees to projects involving certain forms of oil such as shale from next year, followed by all types of oil from 2025 and gas from 2035, the finance ministry says.
Tags: france
industry
gas
export
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