Showing posts with label Pegasus Field. Show all posts
Showing posts with label Pegasus Field. Show all posts

Wednesday, December 17, 2008

Crude Oil Market and OPEC Headline News


"OPEC Cuts Deep, Trims Production Again"
OPEC agreed to trim an additional 2.2 million barrels of oil a day in order to help stabilize tumbling commodity prices and waning consumer demand....Complete Story

"Eni Starts Up Production from Pegasus Field in Gulf of Mexico"
Eni has started production from the Pegasus field located in Green Canyon Area, Block 385, offshore Gulf of Mexico, approximately 110 miles southeast of New Orleans....Complete Story

"Mexico to Benefit from OPEC Oil Cuts without Chipping in"
Oil-exporting Mexico stands to benefit from OPEC's 2.2-million-barrels-a-day oil cut without turning off its own spigots....Complete Story
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