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Tag: output
U.S. Projects Oil Output to Fall Nearly 2 MMbbl/d, Driven by Free Market
2020-04-08 15:31:45| OGI
U.S. oil companies are expected to reduce oil output temporarily by nearly 2 million barrels per day (MMbbl/d) as lower crude prices force companies to cut back operations, the U.S. Energy Department said on April 7.
Tags: free
market
fall
projects
Oil Exploration Activity Falls in Norway, Output Maintained
2020-04-08 15:11:49| OGI
Companies operating on the Norwegian Continental Shelf, including Equinor, Aker BP and Lundin Energy, have already announced capital spending and exploration cuts to save cash.
Tags: activity
maintained
oil
output
IEA: Deep Oil Output Cuts Wont Offset Unprecedented Demand Loss
2020-04-06 11:10:00| OGI
Even with output cuts of 10 million bbl/d, the equivalent of 10% of global supply, oil inventories would still rise by 15 million bbl/d in the second quarter, IEAs Fatih Birol says.
Exxon Mobil: Oil Price Fall Not Impacting Guyana Output
2020-04-03 15:01:39| OGI
Production at the offshore Liza well is expected to reach some 120,000 barrels per day in its first phase.
Column: US Oil Output Set to Plunge as Storage Fills
2020-04-02 16:30:58| OGI
Adjustment to low prices will be much faster than in the past.
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