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Tag: oil
Occidental to Cut Debt Before Boosting Oil Production, CEO Vicki Hollub Says
2020-08-11 20:35:00| OGI
Occidental is restarting some activity in the Permian Basin and Gulf of Mexico, but its focus is to "ensure that we have the liquidity to go forward so we have the ability to meet our maturities," CEO Vicki Hollub says.
Tags: production
says
cut
oil
US Oil Production Drop in 2020 to Be Steeper Than Last Forecast
2020-08-11 19:30:00| OGI
The EIA said U.S. oil production curtailments were more extensive than estimated for its previous month's report, leading to the revision this month.
Tags: last
production
oil
drop
Azerbaijan Expects to Start Oil, Gas Production at Karabakh Field by Year-end 2022
2020-08-11 18:39:16| OGI
The Azeri state energy company SOCAR has been developing the Karabakh Field in a joint venture with Norways Equinor since May 2018.
Tags: start
field
production
gas
Oil Companies Start to Take Back Crude from SPR
2020-08-11 15:35:34| OGI
Nine companies have taken back 2.2 MMbbl.
Tags: back
start
companies
oil
Saudi Aramco Moves Forward with Plan to Boost Oil Output Capacity, CEO Says
2020-08-11 11:10:00| OGI
Saudi Aramco is moving ahead with plans to boost crude output capacity by 1 million bbl/d to 13 million bbl/d despite cuts in capex this year and next year, CEO Amin Nasser says.
Tags: plan
forward
oil
capacity
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