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OPEC+ Misses Target Again, Members Struggle to Raise Oil Output

2021-10-18 15:52:31| OGI

Underinvestment and maintenance problems have slowed down efforts by Angola and Nigeria to pump more.

Tags: members target oil output

 

Chevron Signs Offshore Oil Output Sharing Contract with Suriname State Firm

2021-10-14 16:05:00| OGI

Chevron, which agreed to pay a signing bonus of $30.88 million, is expected to cover the offshore blocks exploration costs in a first phase that will last six years, Suriname state oil company Staatsolie said.

Tags: state firm contract oil

 
 

China power cuts: Coal miners ordered to boost output, say reports

2021-10-08 08:43:46| BBC News | Business | UK Edition

Millions of Chinese homes and businesses have been hit by power cuts in recent weeks.

Tags: power china reports output

 

US Oil Prices Hit Seven-year High as OPEC+ Sticks with Output Increase

2021-10-04 22:00:00| OGI

Some fear the decision could threaten to raise tensions between large energy consumers including U.S., Europe and China.

Tags: high increase prices hit

 

US Oil Output Rises Driven by Gains in Texas, Gulf of Mexico

2021-09-30 22:35:00| OGI

Crude output was lifted by production gains in Texas and offshore in the Gulf of Mexico. Production in the second-largest oil-producing state, North Dakota, fell 9,000 bbl/d from a month earlier, according to an EIA report.

Tags: of mexico texas oil

 

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