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Oasis Petroleum Sells Midstream Interests in $510 Million Deal

2021-03-22 17:05:00| OGI

Oasis Petroleum agreed to contribute all of its remaining interests in Bobcat DevCo and Beartooth DevCo to Oasis Midstream Partners plus eliminate its IDRs in exchange for $229 million in cash and 14.8 million OMP common units.

Tags: million deal interests sells

 

Citgo Petroleum Director Luisa Palacios to Leave Board at Months End

2021-03-19 20:04:45| OGI

Citgo Petroleum Corp.s Luisa Palacios will leave the board of the eighth-largest U.S. oil refiner at month's end, the company said in a statement on March 19.

Tags: end board months director

 
 

Marketed: Tessara Petroleum Resources, Private Seller Delaware Basin Package

2021-03-11 20:25:00| OGI

Tessara Petroleum Resources and a private seller have retained RedOaks Energy Advisors for the sale of nonoperated working interest and ORRI properties located in Loving County, Texas, and New Mexicos Lea County of the Delaware Basin.

Tags: private resources package seller

 

Qatar Petroleum, Exxon Mobil CEOs Talk LNG, Natural Gas

2021-03-03 19:00:38| OGI

Qatar Petroleum and Exxon Mobil are betting big on LNG and natural gas as the demand outlook appears promising for both.

Tags: talk natural gas mobil

 

Occidental Petroleum Expects Winter Storm Impact on Permian Output to be Short-lived

2021-02-23 21:25:00| OGI

Occidental Petroleum does not anticipate growing global production at least this year, says CEO Vicki Hollub, adding that the company will not increase capital spending even if oil prices improve further.

Tags: impact winter output storm

 

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