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WTI Crude Oil Hits Highest Since 2019 as Refineries Restart

2021-02-26 00:35:00| OGI

Analysts said WTI crude increased late in the day as more Texas oil refineries started to return to service, including Valero Energys Port Arthur plant and Citgo Petroleums Corpus Christi plant.

Tags: highest hits oil crude

 

Industry of Debt: Oil and Gas M&A Looks for 2021 Reset

2021-02-25 22:00:00| OGI

As more debt is restructured or discharged, the drag on M&A should lessen, which could lead to the return of dealmaking in the oil and gas sector to pre-pandemic levels, Deloitte says.

Tags: industry gas oil debt

 
 

Trans Mountain Seeks to Shield Insurers of Oil Pipeline

2021-02-25 20:20:00| OGI

Disclosing Trans Mountains insurers publicly may result in pressure that shrinks its pool of potential insurers and raises premiums for the oil pipeline and its shippers, the corporation says.

Tags: oil mountain trans seeks

 

Lamprell Lands Aramco Contract for Giant Offshore Oil Field

2021-02-25 15:16:08| OGI

Lamprell has been awarded an engineering, procurement, construction and installation (EPCI) contract on Feb. 24 by Saudi Aramco as part of their long-term agreement program (LTA) with Lamprell.

Tags: field contract oil giant

 

Exxon Mobils Total Reserves Fall after COVID-19 Oil Price Drop

2021-02-25 14:58:42| OGI

Total reserves for all products fell to 15.2 billion barrels at the end of 2020.

Tags: total price fall oil

 

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