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US Drillers Add Oil, Gas Rigs for Second Consecutive Week

2021-05-07 19:33:12| OGI

The oil and gas rig count rose eight to 448 in the week to May 7, its highest since April 2020, Baker Hughes Co. said.

Tags: add week gas oil

 

Top US Oil Lobby Slams Mexico Energy Policies as Undermining USMCA, Discriminatory

2021-05-07 14:56:06| OGI

The American Petroleum Institute criticized recent amendments to the power industry and hydrocarbons laws that favor of Mexican state energy companies at the expense of others

Tags: top policies mexico energy

 
 

EOG Resources First-quarter Profit Surges as Oil Prices Rebound

2021-05-06 23:00:00| OGI

Rising oil prices have sparked optimism for EOG Resources and other shale producers after enduring a year of destruction in the oil markets, with WTI futures in the U.S gaining 23% in the first quarter.

Tags: resources prices oil profit

 

Total Starts Production at Angolan Oil Project

2021-05-06 15:07:45| OGI

The project includes the drilling of nine wells and is expected to reach production of 40,000 barrels of oil per day by mid-2022, Total said.

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Saudi Arabia Cuts Oil Prices for Asia, Sources Say

2021-05-06 11:30:00| OGI

Top oil exporter Saudi Arabia has cut the June official selling prices (OSPs) of all crude grades it sells to Asia, sources say.

Tags: say prices sources asia

 

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