ToolTip PluginAdvertisers

Norway to reduce oil output from June to December - oil ministry (Reuters)

Start Date: Wednesday, April 29, 2020

Last Modified: Monday, May 4, 2020

End Date: Friday, December 31, 9999


OSLO (Reuters) - Norway, Western Europe's largest oil producer, will slash its output from June to December of 2020, the oil and energy ministry said on Wednesday, the first time in 18 years it has joined other major producers to shore up prices.


"We will cut Norwegian production by 250,000 barrels per day in June and by 134,000 barrels per day in the second half of 2020. In addition, the start-up of production of several fields will be delayed until 2021," Oil Minister Tina Bru said.


"Consequently, the total Norwegian production in December 2020 will be 300,000 barrels fewer per day than originally planned by the companies. The regulation will cease by the end of the year," she added. 

This is news coming in via RDF/XML

InfoDesk

en

This message contains open source media content that has not been analyzed or edited by the Operations Center. 

Roles:

Everyone: All Users
NewsNavigation #NewsModule Norway to reduce oil output from June to December - oil ministry (Reuters)Generic Enhanced N
       <b>CROSSWALKS (This Advertisement shows 08 Related Records (From All Modules) - vertical column right (of record view)</b> (The Logic is Filtering by Region, Subject, Program and Glossary)Advertisers
#Set Active Nav - Content TypesAdvertisers
Form JS: Remove max-width on form elements & Autocomplete Off Date PickersAdvertisers
<b>Yellow Highlighting of Module Details View: Keyword Searched Value<b>Advertisers
U.S. State Department Design (CSS and related styles records)Styles U.S. GovernmentAudience Advertisers Sponsored Keywords Splash Pages
visual editor / client console / x close editor
Module Designer
Children of this Page
Taxonomy
Dynamic Scripts
Advertising
Site Design & Layout