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Tag: oil
Russia's May Oil Output Hits 11-Month Low On Dirty Oil Crisis
2019-06-02 15:45:27| OGI
Russian oil output fell to 11.11 million barrels per day (MMbbl/d) in May, its lowest level since June 2018, from 11.23 MMbbl/d in April, Energy Ministry data showed on June 2.
Surviving The New Oil Price Reality
2019-06-02 13:00:00| OGI
Five years after the downturn in oil prices, new strategies emerged that enabled the oil and gas industry to succeed amid investor uncertainty.
Tags: price
oil
reality
surviving
Canadian Natural Resources To Temporarily Shut In Oil Production Due To Wildfires
2019-06-01 19:15:45| OGI
Oil and gas producer Canadian Natural Resources Ltd. said on Friday it would temporarily shut-in about 65,000 barrels per day (bbl/d) of crude oil production due to forest fires in Alberta.
Tags: to
due
resources
natural
Saudi King Says Attacks By Iran-Backed Groups Threaten Global Oil
2019-06-01 19:12:06| OGI
Saudi Arabia's King Salman said on Saturday that attacks on Saudi oil assets last month by Iran-backed groups are a threat to global oil supplies and regional security.
US Drillers Cut Oil Rigs For Sixth Straight Month
2019-05-31 20:35:38| OGI
Year-to-date, the total number of oil and gas rigs active in the U.S. has averaged 1,025. Most rigs produce both oil and gas.
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