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OPEC+ Set to Ease Record Oil Production Cuts from August
2020-07-15 15:00:00| OGI
OPEC and its allies, including Russia, have been cutting output since May by 9.7 million bbl/d, or 10% of global supply, after the virus destroyed a third of global demand.
Tags: set
august
record
production
OPEC Sees Oil Demand Soaring in 2021 But Still Below 2019
2020-07-14 21:35:00| OGI
OPEC expects to cover the lion's share of the massive projected oil demand spike in 2021 with demand for its crude rising by 6 million bbl/d to reach 29.8 million bbl/d.
Exxon Mobil Upstream Qualifies Airborne Oil & Gas TCP
2020-07-14 15:55:36| OGI
Airborne Oil & Gas said July 14 that Exxon Mobil Upstream Integrated Solutions Company (Exxon Mobil) has qualified its thermoplastic composite pipe (TCP) product for applications globally.
Aker BP, Partners Put Cost of Norways NOAKA Oil, Gas Project at Over $5 Billion
2020-07-14 15:24:31| OGI
The NOAKA area, located between the Oseberg and Alvheim fields in the North Sea, is estimated to hold more than 500 MMboe.
Midyear Oil Market Outlook: Keys to Staying Competitive Amid Uncertainty
2020-07-14 11:30:00| OGI
In the next three months, a lower cost structure by oil and gas companies may be needed but without hindering the ability to scale production later, Deloitte said.
Tags: market
oil
competitive
keys
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