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Tag: crude production


Energy, Industry Focus Areas

OPEC+ Expected to Stick to Planned Output Hike

August 27, 2021

Via: Transport Topics

OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble. The coalition led by Saudi Arabia and Russia gradually is restoring […]


Energy, Industry Focus Areas

Shell to Make First Profit From Oil Output Since Pandemic

April 7, 2021

Via: Transport Topics

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said. Shell’s upstream unit, which largely handles the exploration and production of crude, was able to capture “the […]