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Tag: output
Saudi Aramco Moves Forward with Plan to Boost Oil Output Capacity, CEO Says
2020-08-11 11:10:00| OGI
Saudi Aramco is moving ahead with plans to boost crude output capacity by 1 million bbl/d to 13 million bbl/d despite cuts in capex this year and next year, CEO Amin Nasser says.
Tags: plan
forward
oil
capacity
Russia Raises Oil Output as OPEC+ Cuts Ease
2020-08-03 15:16:48| OGI
Russian oil and gas condensate output increased to 9.8 million barrels per day (MMbbl/d) on Aug. 1-2 from 9.37 MMbbl/d in July.
Hess Posts Smaller-Than-Expected Loss on Higher Output, Lower Costs
2020-07-29 15:53:53| OGI
U.S. oil and gas producer Hess Corp. reported a smaller-than-expected quarterly loss on July 29, as higher output and lower costs helped offset a plunge in oil prices due to the coronavirus crisis, sending its shares 3% higher.
Oil Firms Say Storm Hanna Does Not Impact Gulf of Mexico Output
2020-07-24 20:15:00| OGI
Oil and gas companies said July 24 there have been no evacuations of workers or shutdowns of production from their offshore platforms in the U.S.-regulated northern Gulf of Mexico because of Tropical Storm Hanna.
Tags: mexico
impact
oil
output
Bounceback in US Shale Oil Output Unlikely to Last the Summer
2020-07-23 15:28:01| OGI
Average U.S. daily oil output will fall below 2019s record 12.2 MMbbl/d for the next two to three years, analysts said.
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