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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%.

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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.

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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.

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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 continue oil output

 

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 turn higher begin

 

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