All publications by tag «PRODUCTION»
2019, December, 2, 14:00:00RUSSIA'S OIL PRODUCTION 11.244 MBD
Russia agreed to reduce its output by 228,000 bpd to about 11.18 million bpd in 2019 as part of cuts by the group of producers, known as OPEC+, which agreed to cut their combined output by 1.2 million bpd or 1.2% of global demand.
2019, November, 20, 11:50:00U.S. PRODUCTION: OIL + 49 TBD, GAS + 263 MCFD
Crude oil production from the major US onshore regions is forecast to increase 49,000 b/d month-over-month in November from 9,084 to 9,133 thousand barrels/day, gas production to increase 263 million cubic feet/day from 84,930 to 85,193 million cubic feet/day .
2019, November, 20, 10:55:00NORWAY'S OCTOBER PRODUCTION 1.828 MBD
Norway's preliminary production figures for October 2019 show an average daily production of 1 828 000 barrels of oil, NGL and condensate, ,which is an increase of 264 000 barrels per day compared to September.
2019, November, 18, 12:40:00U.S. INDUSTRIAL PRODUCTION DOWN 0.8%
U.S. Industrial production fell 0.8 percent in October after declining 0.3 percent in September. Manufacturing production decreased 0.6 percent in October.
2019, October, 28, 14:00:00U.S. SHALE DOWN
Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.
2019, October, 28, 13:55:00RUSSIA'S OIL PROJECT: $157 BLN
Vostok Oil, a joint project of Rosneft and Independent Petroleum Company (IPC), is set to include some oil fields that are already producing and others which have yet to start, including Rosneft’s Vankor group and IPC’s Payakhskoye field.
2019, October, 25, 09:20:00CHINA'S GAS PRODUCTION WILL UP
In June 2019, the Chinese government introduced a subsidy program that established new incentives for production of natural gas from tight formations and extended existing subsidies for production from shale and coalbed methane resources. This subsidy is scheduled to be in effect through 2023. In addition to the changes in the subsidy program, the government allowed foreign companies to operate independently in the country’s oil and natural gas upstream sector.
2019, October, 23, 11:50:00U.S. OIL MAXIMUM
The brisk pace of U.S. production, now the world’s largest, in the past few years has been a key factor behind the relative weakness in oil prices. Output has slowed recently, however.
2019, October, 21, 13:30:00U.S. OIL PRODUCTION 12.4 MBD
U.S. crude oil production reached a new all-time high of 12.4 million barrels per day (mb/d) – and U.S. natural gas liquids production sustained a record 4.8 mb/d – in September,
2019, October, 18, 11:10:00U.S. INDUSTRIAL PRODUCTION DOWN 0.4%
Industrial production fell back 0.4 percent in September after advancing 0.8 percent in August. For the third quarter, industrial production rose at an annual rate of 1.2 percent following declines of about 2 percent in both the first and the second quarters.