Post Tagged with: "Crude oil production"

In bare-knuckle negotiations, Exxon slants view of pandemic to suit its aims

In bare-knuckle negotiations, Exxon slants view of pandemic to suit its aims

Reuters


HOUSTON – Exxon Mobil Corp is using the coronavirus to increase its leverage in labor and real estate negotiations by alternately doomsaying and dismissing the pandemic’s consequences, labor sources and lawyers dealing with the company said.

The largest U.S. …

Source: Houston Chronicle

Report: Crude oil exports soar while U.S. inventory grows slightly

Houston Chronicle


Crude oil production and exports soared during the last week of February while U.S. inventories grew slightly, a new report from the Department of Energy showed.

During the last week of February, the United States produced a record …

Source: Houston Chronicle

Texas energy sector declined for 10 straight months in 2019

Houston Chronicle


The health of the Texas energy sector declined for 10-straight months to close out 2019, even as oil and gas production steadily rose throughout the year, according to a new report from the Texas Alliance of Energy Producers.…

EIA forecasts U.S. crude oil production growth to slow in 2021

EIA forecasts U.S. crude oil production growth to slow in 2021

EIA


EIA’s U.S. crude oil production forecast is based on the West Texas Intermediate (WTI) price forecast in the January 2020 STEO, which rises from an average of $57 per barrel (b) in 2019 to an average of $59/b in

Oil Production in the Permian Will Double From 2017-2023 – IHS

Oil Production in the Permian Will Double From 2017-2023 – IHS

EIA forecasts 11.8 MMBOPD for total U.S. oil production in 2019

A new IHS Markit outlook released today expects the Permian Basin’s crude oil production to more than double its 2017 record of 2.5 MMb/d to 5.4 MMb/d by 2023.…

Oil Production by Presidential Term

Oil Production by Presidential Term

Regardless of who is living in the White House, global demand and supply cause price movements and drive production of crude oil.

SAFE has added the presidential terms to the bars of crude oil production since the end of Dwight …

(FILES) This file photo dated 08 September, 2004 shows a PetroChina gas station attendant in Beijing returning the nozzle at the pumps.  Fidelity Investments, the world's largest mutual fund firm, has sold the bulk of its American Depositary Receipts (ADR) in PetroChina amid pressure from United States activists upset over its parent's interests in Sudan, reports said 17 May 2007.  AFP PHOTO / FILES / Frederic J. BROWN

China’s Crude Oil Output Hits Six-Year Low

China’s crude oil imports at a four-month high as the country halts high-cost production

Crude oil production from the world’s largest energy consumer hit a six-year low in August, according to information released by the National Bureau of Statistics Tuesday. …

September 13, 2016 - 5:24 pm China, Closing Bell Story‎, Oil and Gas 360 Articles
Saudi Arabia Reclaims Spot as Top Global Oil Producer

Saudi Arabia Reclaims Spot as Top Global Oil Producer

U.S. output down 460 MBOPD since May, making Saudi Arabia the largest global oil producer for now

As lower oil prices put pressure on U.S. shale expansion, Saudi Arabia has reclaimed the top spot as the world’s largest producer of …

Producers Getting More with Less Nationwide – EIA

Producers Getting More with Less Nationwide – EIA

Even as overall production declines, new-well production is up

With just two exceptions, every major play tracked in the Energy Information Administration’s (EIA) Drilling Productivity Report (DPR) for August is showing lower month-over-month production, but the EIA anticipates greater production …

Data: American Petroleum Institute Graph: OAG360

Texas Produces More Natural Gas than any OPEC Country

Texas crude oil production beats all but OPEC’s three largest producers

Information from the American Petroleum Institute (API) shows that Texas produces more dry natural gas than any OPEC nation. On a global scale, the only country that beat dry …

June 5, 2015 - 5:31 pm Chart of Week, Oil and Gas 360 Articles