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Tag: oil
Iraq Lifts Production At Exxon Mobils West Qurna 1 Oil Field
2019-06-17 15:14:25| OGI
West Qurna 1 oil field, developed by Exxon Mobil, was previously producing about 440,000 bbl/d.
Tags: west
field
production
oil
Saudi Energy Minister Hopes To Balance Oil Market Before Next Year
2019-06-15 13:56:33| OGI
Saudi Energy Minister Khalid al-Falih said on Saturday that he hopes oil producers will be able to balance the oil market before next year.
Tags: year
market
energy
balance
US Oil Drillers Cut Rigs For Second Week In A Row
2019-06-14 19:26:39| OGI
Drillers cut one oil rig in the week to June 14, bringing down the total count to 788, still the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.
Canadian Oil Output Growth Forecast Halved To 1.4% Annually
2019-06-14 16:15:19| OGI
Canada holds the world's third-largest crude reserves but its energy industry has struggled to recover from the 2014/15 global oil price crash.
Tags: growth
oil
output
canadian
Norway Approves Project To Boost Oil Recovery At Gullfaks
2019-06-14 15:26:05| OGI
The project is estimated to cost 2.2 billion Norwegian crowns (US$254 million) and is profitable at an oil price above $27 per barrel, the company added in a statement.
Tags: project
oil
recovery
norway
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