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Tag: output
Global pork output projected to drop 8% in 2020 due to ASF, COVID-19
2020-06-16 14:47:00| National Hog Farmer
Despite anticipated small production contraction, FAO says the United States will likely see its exports surge by 13%.
Nearly One-third of US GoM Oil Output Shut In Following Storm
2020-06-10 15:02:07| OGI
The federal agency also said about 19%, or 123 production platforms, and one exploration rig remained evacuated in the northern GoM.
Hurricane Energy CEO Trice Resigns as Group Struggles with Output
2020-06-08 14:57:04| OGI
Robert Trice, the CEO of North Sea oil producer Hurricane Energy, resigned, the group said on June 8 after it had to give up its ambition to sustainably produce around 20,000 barrels per day (bbl/d) and shut one of its pilot wells.
Analysts: Oil Price Rally to Continue as OPEC+ Extends Output Cuts
2020-06-08 04:00:00| OGI
Following the deal, oil prices will continue rallying throughout the month of June, averaging at around $43/bbl for Brent and $30/bbl for WTI, analyst says.
Tags: price
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US Shale Producers Begin Restoring Output as Oil Prices Turn Higher
2020-06-02 20:50:49| OGI
Parsley Energy plans to restore all of the 26,000 bbl/d it cut earlier this year and an EOG Resources executive told investors it would reopen shuttered wells and add new ones in the second half of the year.
Tags: prices
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