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Tag: oil
OPEC+ Likely to Keep Oil Output Policy from September Unchanged, Sources Say
2021-08-30 16:01:18| OGI
"Current oil prices around $70 are okay. OPEC+ is likely to continue as planned with the increase of 400,000 bpd," said one source.
Tags: policy
september
say
sources
Hurricane Ida Cuts Deep into US Oil Production, Gasoline Supplies
2021-08-30 11:05:00| OGI
Ida made landfall on Aug. 29 near Port Fourchon, the land base for the Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the U.S.
Tags: production
supplies
deep
oil
How Oil Producers Can Attract PE Investors Despite Growing Green Push
2021-08-27 23:00:00| OGI
The oil and gas industry went from having a red problem in terms of losing money to a green problem with the ESG tidal wave, says Chuck Yates, who currently serves on the Cottonwood Venture Partners advisory board.
Oil Firms Cut US GoM Output By 59% Ahead of Ida
2021-08-27 20:54:50| OGI
The U.S. GoM accounts for roughly 17% of the nations oil production, totaling about 1.7 MMbbl/d, according to the U.S. Energy Information Administration.
US Oil, Gas Rig Count Rises for 13th Consecutive Month
2021-08-27 19:19:09| OGI
The combined oil and gas rig count, an early indicator of future output, rose five in the week to Aug. 27 to 508, its highest since April 2020, Baker Hughes Co. said in its weekly report.
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