Results 14 articles shown
Saudi Aramco CEO Says Has 2 Million Barrels Per Day Of Spare Capacity
Monday, June 25, 2018 Oil giant Saudi Aramco says it has a spare capacity of 2 million barrels per day and can meet additional oil demand in case of any interruption in supplies.
Sources: US Asks OPEC Producers To Pump More Oil, No Specific Figure
Tuesday, June 05, 2018 The US government has unofficially asked Saudi Arabia and some other OPEC producers to raise oil output.
Shell Starts Up 'Most Competitive' GOM Subsea Project Early
Thursday, May 31, 2018 According to Shell, the start-up occurred approximately one year ahead of schedule.
OPEC's Reason for Sticking With Cuts Rests on Shaky Ground
Wednesday, May 02, 2018 OPEC and Russia seem determined to keep on cutting production even after their campaign to rebalance world oil markets achieved its main target.
UAE Says Most Countries In Oil Cut Deal Like Idea Of Long-Term Alliance
Thursday, April 12, 2018 A majority of the OPEC and independent oil producers participating in a current deal to cut supply like the idea of a long-term producers' alliance, the energy minister of the United Arab Emirates says.
Down Is Up as Aging Oil Fields Defy Gravity to Pump More
Friday, March 09, 2018 Bob Dudley has never seen anything like what happened with BP's old fields last year: They gushed more crude.
IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.
ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.
Gulf of Mexico Stampede Field Commences Production
Tuesday, February 06, 2018 The Stampede field, located in the deepwater Gulf of Mexico, has commenced production.
About 75,000 Bpd Of Gulf Oil Output Still Shut After Shell Fire
Wednesday, November 15, 2017 A combined 75,206 barrels per day of oil and 215,122 million cubic feet per day of natural gas production are shut-in.
BSEE: About 32.7% US Gulf Oil Output Offline Due To Hurricane Nate
Wednesday, October 11, 2017 About 32.7% of US Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate.
ExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate
Tuesday, October 10, 2017 ExxonMobil resumes normal operations at its Julia and Hadrian South subsea production systems.
BP Restores Power At Thunder Horse Platform After Outage
Wednesday, September 20, 2017 BP restores power at its Thunder Horse platform in the US Gulf of Mexico.
BP's Thunder Horse Platform Shut Temporarily On Power Issue
Tuesday, September 19, 2017 BP halts production at its Thunder Horse platform in the US Gulf of Mexico following a power outage.