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Diversified Gas & Oil Enters New Region in $135 Million Deal with Indigo Minerals

2021-05-03 22:30:00| OGI

Diversified Gas & Oil has actively been evaluating a variety of regions to identify the optimal area to replicate its success in Appalachia Basin, which the companys CEO says it has now found in its latest deal with Indigo Minerals.

Tags: with region million deal

 

Whats Affecting Oil Prices This Week? (May 3, 2021)

2021-05-03 19:30:00| OGI

The oil price movement from the last week is somewhat reflective of the difference in the pace of economic recovery between the U.S., where the economy continues to show signs of a robust recovery, and the Eurozone, which has fallen back into recession, says Stratas Advisors in its latest forecast.

Tags: week prices oil affecting

 
 

Iraq Considering Buying Exxon Mobil Stake in West Qurna 1 Oil Field

2021-05-03 15:00:36| OGI

Development of Iraqs Mansuriya gas field on the coast near the Iranian border is expected to cost $2.1 billion, Iraq's oil minister said.

Tags: west field buying oil

 

Mitsubishi Appoints Michael Sicker as President of Oil, Gas Division

2021-05-03 14:58:49| OGI

He succeeds Hiroaki Osaki, who has retired from his role as president but continues to serve as chairman of Mitsubishi Heavy Industries Compressor Corp., Japan.

Tags: michael president division gas

 

Oil and Gas Investor Cover Story: Misaligned Incentives

2021-05-03 10:00:00| OGI

E&P executives find themselves under fire for pocketing large bonus payouts in recent years while shareholder equity values tanked, but blame it on a broken incentive model. Now, the rules are being rewritten for how executives are rewarded.

Tags: story cover gas oil

 

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