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OPEC Pushing Russia To Support Additional Oil Cuts Amid Coronavirus Outbreak

2020-03-04 14:45:00| OGI

OPEC members are seeking to win support from Russia to join them in new additional oil output cuts to prop up prices which have tumbled by a fifth this year because of the coronavirus outbreak.

Tags: support additional oil russia

 

Guyana Votes For Leader To Manage Early Years Of Oil Boom

2020-03-03 19:02:20| OGI

Voters in Guyana were heading to the polls on March 2 for an election that will decide who oversees an oil boom set to transform the poor South American country, which faces a test of whether it can sustainably manage a sudden influx of natural resource wealth.

Tags: years early manage oil

 
 

OPEC Oil Output Drops To Lowest In Over A Decade

2020-03-03 11:10:00| OGI

February's output was the lowest by OPEC since at least 2009, the year in which the group implemented its biggest-ever supply cut due to the financial crisis.

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IndustryVoice: Three Ways Greater Digitalization in Shale Oil Plays Can Amplify Capital Efficiency and Investment Returns

2020-03-02 22:00:00| OGI

As shale-oil operators adopt manufacturing models and mindsets to lower the costs of completions and production, they are deploying more and more digital technologies in diverse applications, many of which Siemens pioneered years ago. Read on to learn how digitalization can drive more efficiency, visibility, and reliability in the digital oilfield to improve capital efficiency and returns.

Tags: capital returns ways greater

 

ECC: Quite Healthy Oil Price For Long Term

2020-03-02 17:55:56| OGI

Dont get too depressed, say Energy Capital Conference speakers, despite brutal E&P equity markets.

Tags: price long term oil

 

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