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Tag: oil
US Oil Exports to Europe Rebound as OPEC+ Cuts Supply
2020-07-27 11:00:00| OGI
Oil producers in the U.S. have boosted volumes, after curbing shale well output in the spring when prices collapsed.
Oil Firms Say Storm Hanna Does Not Impact Gulf of Mexico Output
2020-07-24 20:15:00| OGI
Oil and gas companies said July 24 there have been no evacuations of workers or shutdowns of production from their offshore platforms in the U.S.-regulated northern Gulf of Mexico because of Tropical Storm Hanna.
Tags: mexico
impact
oil
output
US Oil Rig Count Rises for First Week Since March
2020-07-24 19:29:04| OGI
U.S. oil rigs rose to 181, while gas rigs fell three to 68, their lowest on record according to Baker Hughes data going back to 1987.
Schlumberger Posts Quarterly Loss as Oil Rout Triggers $3.7 Billion Charge
2020-07-24 15:11:05| OGI
Oilfield services giant Schlumberger NV on July 24 reported its second straight quarterly loss after recording a $3.7 billion charge related to thousands of job cuts and a major pipeline outage in Ecuador.
The Last Frontier: Oil Industry Scales Back Exploration
2020-07-23 23:00:00| OGI
Once the most adventurous aspect of the business, exploring for new oil and gas fields is now one of the most controversial.
Tags: back
industry
oil
exploration
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