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Russia Makes Progress On Shale Oil Output But Hurdles Remain

2021-02-18 15:09:24| OGI

Gazprom Neft estimates that the reserves of the light, low-sulphur and low-viscosity Bazhenov formation stand at between 18 billion and 60 billion tonnes.

Tags: makes progress remain oil

 

Saudi Arabia Set to Raise Oil Output, Reversing Recent Production Cut: Reports

2021-02-17 23:25:00| OGI

Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to a WSJ report on Feb. 17, adding that the output rise wont kick in until April. 

Tags: set recent reports production

 
 

US Natural Gas Soars Over 10% as Deep Freeze Strains Output

2021-02-16 16:34:55| OGI

The deep freeze hit Texas energy industry, shutting refineries and forcing restrictions on natural gas pipeline operators, while leaving over 4 million people without power.

Tags: natural deep gas output

 

Norway Oil and Gas Output at Risk from Strike, Equinor Says

2021-02-15 12:05:00| OGI

Lundin Energy, a Sverdrup partner, in a separate statement said it hoped the oil industry in Norway would be able to reach a settlement with the union and thus avoid the shutdowns.

Tags: says risk gas oil

 

Exxon Mobil Cuts Guyana Crude Output Due To Gas Compressor Failure

2021-02-08 15:01:03| OGI

Exxon said it would send the compressor to Germany for repairs, where it was set to arrive on Feb. 9.

Tags: due gas output failure

 

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