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Hess Tapped to Market Guyana Oil as Search for Partner Continues

2021-02-10 15:02:20| OGI

with no domestic refining nor state oil company, Guyana relies on private companies to market its share of oil.

Tags: search market partner oil

 

Tullow Oil to Sell West Africa Assets for Up to $180 Million

2021-02-10 14:30:00| OGI

The sale will help Tullow Oil reduce its $2.4 billion debt pile, which is around four times the size of its current market cap of $577 million.

Tags: west sell million africa

 
 

SNC-Lavalin Sells Oil and Gas Unit to Blue Water-backed Firm

2021-02-09 19:25:00| OGI

Energy services firm Kentech expects the acquisition of SNC-Lavalins oil and gas business to accelerate its revenue growth to $1 billion on a pro forma basis by the end of 2021.

Tags: blue unit firm gas

 

French Oil Major Total to Rebrand as TotalEnergies

2021-02-09 16:00:00| OGI

Alongside plans to boost investment in its electricity and renewables segment in 2021, Total is aiming to reduce oil products to a third of its sales from over half now.

Tags: total major french oil

 

Bidens Drilling Ban Forces N.M. to Reckon With Oil Dependence

2021-02-09 15:59:47| OGI

An extended ban on federal lands could imperil the states school funding.

Tags: oil forces ban dependence

 

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