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EIA: US Shale Oil Output To Rise To Record 9.08 Million Barrels Per Day In April
2020-03-16 20:47:04| OGI
Output from the Permian Basin of Texas and New Mexico, is expected to rise 38,000 bbl/d to a record 4.79 MMbbl/d, data from the U.S. Energy Information Administration (EIA) showed.
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US Natgas Output, Demand To Fall In 2021 After Hitting Records
2020-03-11 21:00:00| OGI
U.S. natural gas production and demand will decline in 2021 after hitting record highs this year, the Energy Information Administration (EIA) said in its Short Term Energy Outlook on March 11.
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Equinors Sverdrup Oil Output Seen Near Full Capacity In April
2020-03-04 14:48:48| OGI
The first phase of the Sverdrup field development came on stream last October and has an estimated plateau capacity of 440,000 bbl/d, which Equinor has said it will reach during summer 2020.
OPEC Oil Output Drops To Lowest In Over A Decade
2020-03-03 11:10:00| OGI
February's output was the lowest by OPEC since at least 2009, the year in which the group implemented its biggest-ever supply cut due to the financial crisis.
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Eni Targets Oil Output Peak In Clean Energy Drive
2020-02-28 16:15:02| OGI
Italian energy company Eni pledged on Feb. 28 to reduce its oil production from 2025 and slash its greenhouse gas emissions by 80% in one of the most ambitious clean-up drives in an industry under pressure from investors to go green.
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