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Regulator: Shut US Gulf Offshore Oil Production Falls to 21%

2020-09-18 21:47:30| OGI

Energy firms reopened more offshore crude oil production by Sept. 18 in the U.S.-regulated northern Gulf of Mexico as shut output fell to 21%, or 396,554 barrels per day (bbl/d), the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said.

Tags: production oil falls shut

 

US Oil Rig Count Falls as Gas Rigs Rise

2020-09-18 19:18:27| OGI

The oil and gas rig count rose by one to 255 in the week to Sep. 18, energy services firm Baker Hughes Co said in its weekly report.

Tags: count gas oil falls

 
 

Libyas Haftar Plans to Lift Oil Blockade

2020-09-18 14:55:42| OGI

The blockade by eastern forces has cost Libya $9 billion in lost revenue so far this year, the Tripoli-based Central Bank of Libya said this week.

Tags: plans oil lift blockade

 

Saudi Energy Minister Warns Oil Market Gamblers Will Be Hurt Like Hell

2020-09-18 11:05:00| OGI

The comments by Prince Abdulaziz bin Salman, OPEC's most influential minister, came after a virtual meeting of a key panel of OPEC and allies, led by Russia, known as OPEC+.

Tags: market energy oil hell

 

Saudi Arabia Chafes at False Promises on Oil Cuts from OPEC Partners

2020-09-17 18:30:00| OGI

Moves to flout deal terms on oil cuts damage reputation of OPEC+, Saudi Arabias energy minister says.

Tags: partners oil false arabia

 

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