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Tag: oil
Joe Bidens Clean-up Plan for Orphaned Oil Wells Slammed
2021-04-15 19:00:00| OGI
Critics accuse the $16 billion provision in Bidens proposed infrastructure package to plug abandoned oil wells across the U.S. of being a bailout for the oil and gas industry.
Shell Plays Down Risk of Stranded Oil, Gas Reserves
2021-04-15 14:55:11| OGI
Shell said in a document to investors summarizing its climate strategy that about 75% of its proved oil and gas reserves will be produced by 2030.
Woodside, Santos Investors Reject Oil and Gas Wind-up Resolution
2021-04-15 14:55:00| OGI
Almost one-fifth of votes cast ahead of Woodside Petroleums annual meeting and 13% of votes of Santos were in favor of the resolution proposed by shareholder activist group pushing the company to get out of oil and gas.
Tags: resolution
gas
oil
investors
Mexicos Lower House Approves Contentious Oil Legislation
2021-04-15 11:15:00| OGI
The initiative is part of President Andres Manuel Lopez Obradors efforts to strengthen state influence over the energy market at the expense of private capital.
Tags: house
lower
oil
legislation
Oil Prices Hit One-month High as IEA, OPEC Raise Forecasts
2021-04-15 11:10:00| OGI
Supply discipline and rebounding economies are set to give oil a chance to break out of the recent range, Goldman Sachs analysts said in a report.
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