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OPEC+ To Discuss Production Quotas, New Cuts Following Surprise Decision In April
Sunday, June 4, 2023 - 9:47am | 405Read More...OPEC+ and its allies are aiming to reach a production agreement as they meet on Sunday to debate a new deal, possibly adjusting the countries’ output quotas and leading to a further cut in production, according to Reuters. Once the consensus is reached, the new cut would...
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OPEC+ To Consider Output Cut Of More Than 1M Barrels Per Day At Upcoming Meeting: Report
Sunday, October 2, 2022 - 10:29am | 294Read More...Bloomberg reports that the OPEC+ group of oil producers will consider an oil output cut of more than 1 million barrels per day (bpd). According to the report, OPEC+ group is meeting in Vienna on Wednesday and finalize its decision. The 23-nation alliance had been conducting meetings...
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Santos 2012 Production Rises 10%
Thursday, January 17, 2013 - 3:46am | 47Read More...Santos (OTC: SSLTY) reported a 10% rise in its annual production in 2012. Santos' 2012 annual production surged to 52.1 million barrels of oil equivalent. Its sales revenue climbed 18% in the year to 3.2 billion Australian dollars (US$3.4 billion). Santos shares closed at $12.31 yesterday.
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Newcrest Mining Q1 Gold Output Down 22%
Thursday, October 18, 2012 - 4:10am | 69Read More...Newcrest Mining Ltd (OTC: NCMGY) reported a 22% drop in its output in the first quarter. Newcrest's gold output declined to 460,425 troy ounces, from 587,310 ounces in the prior quarter and versus 587,296 ounces in the year-ago period. Its copper output fell to 18,598 metric tons, from 20,544...
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Gloucester Coal Posts Surge In Output
Monday, April 30, 2012 - 5:26am | 51Read More...Australia's Gloucester Coal Ltd (OTC: GCRLF) reported a strong rise in its production in the financial third quarter. Gloucester's mines produced around 1.28 million metric tons, up from 342,000 tons, in the year-ago period. Sales of metallurgical coal climbed to 570,000 tons, from 196,000 tons,...
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Rex Energy Posts Jump In Q1 Output
Monday, April 16, 2012 - 8:47am | 52Read More...Rex Energy Corp (NASDAQ: REXX) reported a jump in its first-quarter production volumes. Rex Energy's Q1 daily production rate surged 120% to average 60.7 million cubic feet equivalent per day. It projects to record Q1 charges of around $0.6 million. Rex Energy shares closed at $9.37 on Friday.
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Uralkali Q1 Potassium Chloride Output Rises 58%
Thursday, April 5, 2012 - 7:52am | 43Read More...Uralkali (OTC: URALL) reported a 58% rise in its production of potassium chloride in the first quarter of 2012. Uralkali lifted its production of potassium chloride to 1.9 million metric tons, versus 1.2 million tons, in the year-ago period.
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Angle Energy Expects 20% Surge In 2012 Production
Monday, February 13, 2012 - 8:21am | 48Read More...Angle Energy Inc (OTC: ANGZF) projects a 20% rise in its 2012 production. It also expects funds from operations to surge 15%. Angle Energy projects 2012 output of 15,500 to 16,000 barrels of oil equivalent per day. It expects funds from operations of C$105 to C$110 million. Angle Energy shares...
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CNOOC Projects Rise In 2012 Output
Wednesday, January 18, 2012 - 7:10am | 67Read More...CNOOC Ltd (NYSE: CEO) announced its plans to produce 2.4% more oil and gas in 2012. CNOOC expects to produce 330 to 340 million barrels of oil equivalent (boe) this year, versus projected output of 331 to 332 million boe in 2011. In August last year, CNOOC cut its 2011 output forecast from 355...
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Mercedes-Benz Projects 13% Rise In 2012 Output: Report
Tuesday, December 27, 2011 - 11:41am | 93Read More...Daimler AG's (OTC: DDAIF) Mercedes-Benz brand expects to raise production by 13% next year. It projects production to surge to more than 1.4 million passenger vehicles, Automotive News Europe reports on its website. Excluding commercial vehicles, and Smart and Maybach vehicles, Mercedes expects...
