Sentences with phrase «record oil output»

Further, EIA's Annual Energy Outlook 2015 projects that the United States will produce a record oil output of 10.6 million barrels per day in 2020.

Not exact matches

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

This and other advances have pushed American oil and gas output to record highs and fueled a revival of U.S. energy exports.

OPEC oil output fell in March to an 11 - month low due to declining Angolan exports, Libyan outages and a further slide in Venezuelan output, a Reuters survey found, sending compliance with a supply - cutting deal to another record.

In its monthly oil market report, the IEA said global supply rose by 800,000 bpd in October to 97.8 million bpd, led by record OPEC output and rising production from non-OPEC members such as Russia, Brazil, Canada and Kazakhstan.

OPEC oil output is rising in March, a Reuters survey found, as higher supply from Iran after the lifting of sanctions and near - record exports from southern Iraq offset maintenance and Continue Reading

US crude oil production shattered a 47 - year output record in November, and then retreated slightly in December, the Energy Information Administration said on Wednesday, as oil production from shale continued to upend global supply patterns.

It further noted that oil production during the quarter was higher by 0.42 million barrels per day relative to the corresponding quarter in 2016, which recorded an output of 1.61 mbpd.

Here are some other highlights of North Dakota's record - setting oil and gas output in August: