MARKETS

Karoon receives highest ever price for oil cargo

KAROON Energy has seen a 14% drop in production for the March quarter over December thanks to an eight day shut in and some field decline at Bauna where it produced around 11,800 barrels of oil per day.

Helen Clark

Karoon receives highest ever price for oil cargo

A COVID-19 outbreak on its FPSO did not interrupt production at its Brazilian oil field. Total production was 1.05 million barrels of oil and oil sales 990,000bbl with two cargoes lifted over the...

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