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All publications by tag «PRODUCTION»

All publications by tag
2017, November, 24, 09:20:00
OPEC WILL REDUCE
REUTERS - The Organization of the Petroleum Exporting Countries, non-member Russia and nine other producers agreed to curb oil output by about 1.8 million barrels per day until March 2018. They are expected to extend the deal at a Nov. 30 meeting in Vienna.
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2017, November, 22, 11:20:00
NORWAY'S PRODUCTION UP TO 1.9 MBD
NPD - Preliminary production figures for October 2017 show an average daily production of 1 901 000 barrels of oil, NGL and condensate, which is an increase of 141 000 barrels per day compared to September.
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2017, November, 17, 19:50:00
RUSSIA'S OIL PAUSE
FT - The original deal with Opec’s de facto leader Saudi Arabia, brokered by Mr Novak and Russian president Vladimir Putin, reduced oil production from participating countries by 1.8m barrels a day and helped push the price of benchmark Brent Crude above $60 a barrel this week for the first time in more than two years.
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2017, November, 17, 19:30:00
U.S. INDUSTRIAL PRODUCTION UP 0.9%
FRB - Industrial production rose 0.9 percent in October, and manufacturing increased 1.3 percent. The index for utilities rose 2.0 percent, but mining output fell 1.3 percent, as Hurricane Nate caused a sharp but short-lived decline in oil and gas drilling and extraction. Even so, industrial activity was boosted in October by a return to normal operations after Hurricanes Harvey and Irma suppressed production in August and September. Excluding the effects of the hurricanes, the index for total output advanced about 0.3 percent in October, and the index for manufacturing advanced about 0.2 percent.
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2017, November, 15, 15:05:00
UAE CUTS OUTPUT
OPEC and allied oil producers should extend their production cuts beyond March to help re-balance the market, the United Arab Emirates said, adding weight to a gathering consensus for longer reductions in output among participants in the global accord.
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2017, November, 14, 17:30:00
U.S. OIL + 80 TBD, GAS + 779 MCFD
EIA - Crude oil production from the major US onshore regions is forecast to increase 80,000 b/d month-over-month in December to 6.174 million b/d, gas production to increase 779 million cubic feet/day.
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2017, October, 30, 11:05:00
U.S. OIL LOSERS
ExxonMobil and Chevron, the two largest US oil and gas groups, are continuing to lose money on oil and gas production in their home country, in spite of the rise in commodity prices since last year.
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2017, October, 23, 11:15:00
LIBYAN OIL PRODUCTION 1 MBD
Libya’s oil production increased steeply to the current level of 850,000 b/d from a low point in August 2016 of below 300,000 b/d. Production surpassed 1 million b/d in July.
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2017, October, 20, 12:10:00
NORWAY'S PRODUCTION DOWN 171 TBD
NPD - Preliminary production figures for September 2017 show an average daily production of 1 772 000 barrels of oil, NGL and condensate, which is a decrease of 171 000 barrels per day compared to August.
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2017, October, 18, 18:55:00
U.S. OIL + 81 TBD, GAS + 827 MCFD
EIA - Crude oil production from the major US onshore regions is forecast to increase 81,000 b/d month-over-month in November to 6.12 million b/d.