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IEA: Oil Market To Remain Oversupplied Despite OPEC+ Cuts

2019-12-12 17:13:47| OGI

Agency forecasts that production withdrawn from the market will be less than added supply.

Tags: market remain oil cuts

 

Norway's Oil Production Hits 32-Month High

2019-12-12 14:20:49| OGI

Norway's oil production in November hit its highest level since March 2017 at 1.71 million barrels per day, the Norwegian Petroleum Directorate said Dec. 12.

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Ghana Company Says It Discovers 1.5 Billion Barrels Of Oil Offshore

2019-12-11 15:23:08| OGI

The discovery is a significant one in a country that currently produces about 200,000 barrels of oil per day.

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Exxon, Hess To Export First Oil From Guyana In Early 2020

2019-12-11 15:16:38| OGI

Liza will be the first Guyanese crude grade produced and offered to the oil market.

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EPIC Midstream Loads First Oil Tanker At New Texas Export Terminal

2019-12-11 11:35:09| OGI

EPIC Midstream loaded its first oil tanker at its new Texas export terminal and plans to open another dock in the third quarter of 2020, benefiting from rising demand for low-sulfur U.S. crude.

Tags: texas export oil terminal

 

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