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Opinion: Oil Sector Revival Has Producers Eyeing Boom Times

2021-03-17 15:00:00| OGI

If you thought coronavirus had hobbled the oil industry for good, think again, says Financial Times' Derek Brower. Just a year after a Saudi-Russian price war and the pandemic triggered the worst oil crash in decades, a stunning reversal is under way.

Tags: times opinion oil sector

 

On the Market Oil and Gas Quicklist (Week of March 17, 2021)

2021-03-17 13:00:00| OGI

Heres a quicklist of oil and gas assets on the market including a Delaware Basin package from Tessara Petroleum Resources and a private seller plus the divestiture of certain assets by Windsor Energy across the Williston, Appalachian and Piceance basins.

Tags: week march market gas

 
 

Oil Bears and Bulls Grapple as Market Puzzles over Pandemic Exit

2021-03-17 10:48:15| OGI

Oil futures have already recovered to pre-pandemic levels, with Brent crude futures spiking $55 in less than a year to $70 a barrel this week while actual fuel demand remains weak.

Tags: market oil exit bears

 

3t EnerMech, UK Government Ink Contract to Shape Mozambiques Oil, Gas Sector

2021-03-17 10:43:43| OGI

3t EnerMech is due to deliver the study to the U.K. Government in second-quarter of this year. 

Tags: government contract gas oil

 

PATH FORWARD: Oil and Gas Industry Isnt Going Away Anytime Soon

2021-03-17 10:00:00| OGI

Vicki Knott, CEO of Crux OCM said the oil and gas industry is not dying and fossil fuels are, in fact needed, for a smooth energy transition.

Tags: industry soon forward gas

 

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