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Diamondback Energy Tops Profit Estimates on Higher Crude Prices

2021-05-04 15:01:01| OGI

The company posted quarterly production of 307,422 barrels of oil equivalent per day (boe/d), 2.8% higher than the previous quarter.

Tags: prices higher energy profit

 

US Crude Oil Output Fell in February to Lowest Since 2017

2021-04-30 19:06:04| OGI

U.S. oil production dropped 1.197 MMbbl/d in February to 9.862 MMbbl/d, shows a monthly report from the U.S. Energy Information Administration (EIA).

Tags: february lowest oil output

 
 

Clean Crude? Oil Producers Use Offsets to Claim Green Barrels

2021-04-19 18:55:00| OGI

Oil and gas companies worldwide are increasingly trying to market their products as cleaner, including by buying credits, powering drilling operations with renewable power and investing in technology to capture and store emissions.

Tags: green clean oil claim

 

Brent Crude Slips from $70 as Outlook Brightens but Inflation Weighs

2021-03-15 15:56:03| OGI

WTI drops below $65/bbl.

Tags: outlook inflation crude brent

 

Saudi Arabia Cuts April Crude for Some Asian Buyers, Maintains India Supply: Sources

2021-03-12 11:10:00| OGI

Saudi Arabias reduction in crude supplies comes as OPEC and its allies, a group known as OPEC+, decided earlier this month to extend most of its supply cuts into April.

Tags: april supply sources india

 

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