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Summer Outlook Appears Favorable for US Natgas Production, LNG Exports

2021-04-21 21:01:22| OGI

A myriad of potential risks to production, however, are at play, according to analysts.

Tags: production summer appears outlook

 

IEA Ups Oil Demand Forecast as Vaccinations Brighten Outlook

2021-04-14 11:20:00| OGI

The IEA predicted global oil demand and supply were set to re-balance in the second half of the year and that producers may then need to pump 2 million bbl/d more to meet the expected demand.

Tags: oil ups demand outlook

 
 

Permian Shale Producer Diamondback Energy Raises Production Outlook

2021-04-13 11:20:00| OGI

Diamondback Energy, which closed its acquisition of Denver-based producer QEP Resources last month, also raised its 2021 capex forecast to between $1.6 billion and $1.75 billion versus its previous forecast of $1.35 billion to $1.55 billion.

Tags: production energy outlook producer

 

Oil Exploration, Appraisal Outlook Appears Promising after Savage Year

2021-04-01 16:00:00| OGI

Analysts forecast about 65 to 80 high-impact oil and gas exploration and appraisal wells will be drilled this year after a plunge in activity in 2020.

Tags: year appears oil outlook

 

Oil Demand Outlook Looks Up, For Now

2021-03-26 21:00:00| OGI

Analysts see the rate of change in oil demand growth falling below zero in the years ahead.

Tags: now oil demand outlook

 

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