Tag: Oil Output

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 […]

Energy, Industry Focus Areas

OPEC+ Meets to Seek Compromise on Plan to Delay Output Hike

November 30, 2020

Via: Transport Topics

OPEC+ began two days of potentially complicated talks to hash out the size of its oil-production cuts next year, with the group’s president calling for caution in a fragile market. The coalition that pumps half the world’s crude is debating […]

Energy, Industry Focus Areas

Exxon Becomes Most Active Permian Driller to Combat Falling Oil Output

December 18, 2018

Via: Industry Week

Exxon Mobil Corp. (IW 500/1) has overtaken rivals to become the most active driller in the Permian Basin, showing the urgency with which the world’s biggest oil company by market value is pursuing U.S. shale. Even after a slow start […]