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Tag: output
OPEC+ Deadlock Pushes Negotiations over Raising Oil Output to Second Day
2021-01-04 21:00:00| OGI
The unusual decision to push negotiations into a second day was taken after a three-hour debate in a virtual meeting of OPEC+, which groups OPEC and other producers including Russia.
Most OPEC+ Producers Oppose February Output Increase
2021-01-04 15:24:42| OGI
Most OPEC+ oil-producing countries oppose plans to increase output from February as winter lockdowns to contain the coronavirus choke demand, three OPEC+ sources told Reuters on Jan. 4.
Tags: february
increase
output
producers
Russian Annual Oil Output Falls for First Time Since 2008
2021-01-04 11:15:00| OGI
Russia agreed to reduce its oil production in April last year by more than 2 million bbl/d, an unprecedented voluntary cut, along with other leading oil producers and OPEC.
OPEC+ Oil Output Cut Compliance at 101%, Sources Say
2020-12-30 18:05:00| OGI
The OPEC+ group of oil producers fully complied with supply cuts in November, two sources from the alliance told Reuters ahead of the group's Jan. 4 meeting to discuss whether to boost production further.
PetroChina to More Than Double Sichuan Shale Gas Output by 2025
2020-12-29 11:25:00| OGI
Shale gas operations managed by PetroChina's Southwest Oil and Gas division will top 10 Bcm this year, making the company China's single largest shale gas producer, a state news agency said.
Tags: double
gas
output
sichuan
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