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OPEC Watching Libyan Oil Restart Closely for Deeper Supply Cuts

2020-09-21 22:25:00| OGI

OPEC member Libya is exempt from cutting oil output under a deal by OPEC and allies, known as OPEC+. A restart in Libya supply could force other producers to make further reductions to support prices.

Tags: supply oil closely watching

 

Whats Affecting Oil Prices This Week? (Sept. 21, 2020)

2020-09-21 18:30:00| OGI

The first cut is the deepestor not? OPEC+ will likely need to add oil output cuts soon, Stratas Advisors says in its latest oil price forecast.

Tags: week prices oil sept

 
 

CNOOC Starts Production at Liuhua Oil Field In South China Sea

2020-09-21 15:11:59| OGI

The joint development project has a water depth of about 410 meters and features one 150,000-DWT FPSO with three underwater production systems, CNOOC said.

Tags: south china field production

 

Oil and Gas Industry A&D Trends: At the Brink

2020-09-21 15:00:00| OGI

As 2020 crawls through the third quarter, the strains on M&A and the oil and gas industry are beginning to take on albatross-ian levels.

Tags: the industry gas oil

 

Opinion: Crude Oil Industry Starts to Hear Echoes of Coals Demise

2020-09-21 11:00:00| OGI

The problem for the crude oil industry is that it can't really predict the demand side of the equation with any accuracy, given the uncertain nature of the recovery from the COVIE-19 pandemic.

Tags: industry opinion hear oil

 

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