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OPEC, Allies Agree To Deepen Oil Output Cuts

2019-12-05 22:42:38| OGI

Oil producers led by Saudi Arabia and Russia agreed on Dec. 5 to cut output by an extra 500,000 barrels a day (bbl/d) for the final three months of their deal to curb supply but stopped short of pledging action beyond next March.

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Equinor: Sverdrup Oil Field Output Rises To About 350,000 Barrels Per Day

2019-12-03 15:38:51| OGI

The North Sea field, which began output on Oct. 5, is now western Europes largest oil producer.

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US Oil Output Growth Slows: Just How Much Is Anyones Guess

2019-12-02 21:49:46| OGI

Shale output has routinely defied naysayers over the past three years as U.S. production has surged to nearly 13 million barrels per day.

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Gas Producer Energean Commits To Net Zero Carbon Output By 2050

2019-12-02 17:22:32| OGI

London company, which is also an oil producer, plans operational efficiencies and a shift toward natural gas.

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US Crude Output Rises 66,000 bbl/d To Record 12.5 MMbbl/d In Sept: EIA

2019-11-29 20:37:38| OGI

U.S. crude oil production in September rose to a new record of 12.46 million barrels per day (MMbbl/d) from 12.397 MMbbl/d in August, the U.S. government said in a monthly report on Nov. 29.

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