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Rising US Oil, Gas Output Fuels 30% Jump In Federal Minerals Revenues: Interior

2019-10-25 04:17:53| OGI

An increase in oil and gas production on U.S. public lands drove a 30% increase in federal energy and minerals revenue disbursements in fiscal year 2019, to $11.69 billion, the U.S. Interior Department said on Oct. 24.

Tags: jump federal gas oil

 

Equinor Sticks To 2019 Output Forecast As Low Gas Sales Hit Profit

2019-10-24 11:02:44| OGI

Equinor's third-quarter profit fell by more than expected on Oct. 24 after a significant decline in the volume and price of natural gas sold to Europe, although the Norwegian firm reiterated its forecast for flat 2019 production.

Tags: low sales hit gas

 
 

Aker BP Cuts 2019 Oil Output Guidance After North Sea Field Delay

2019-10-22 22:08:04| OGI

The company now expects daily output in 2019 to average 155,000 barrels of oil equivalents (boe/d), down from a July forecast of 155,000-160,000 boe/d.

Tags: north field sea oil

 

Russia Says It Missed Oil-Deal Target Due To Rise In Gas Condensate Output

2019-10-20 14:10:29| OGI

Russia produced more oil in September than envisaged by a global deal due to an increase in gas condensate output as the country prepared for winter, local news agencies reported on Oct. 20.

Tags: due target gas output

 

Hitachi Automotive Systems starts mass production of 800V, high output EV inverter

2019-10-19 12:55:46| Green Car Congress

Tags: high systems production automotive

 

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