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Aker BP Sets Goal of 70% Growth in Oil, Gas Output By 2028
2021-02-04 15:12:01| OGI
Capital spending will increase to $2.2 billion-$2.3 billion from $1.7 billion in 2020, taking advantage of tax incentives, the company said.
Royal Dutch Shell sees huge loss as pandemic hits oil demand
2021-02-04 09:14:48| BBC News | Business | UK Edition
The oil giant reported a net loss of 16bn for 2020 as the coronavirus pandemic caused demand to slump.
OPEC+ Sticks with Output Policy Despite Oil Price Rally
2021-02-03 20:05:00| OGI
Oil has rallied from historic lows hit last year as the pandemic hit demand, thanks to record output cuts by OPEC and allies, known as OPEC+ that the group is beginning to unwind.
On the Market Oil and Gas Quicklist (Week of Feb. 3, 2021)
2021-02-03 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including certain East Texas properties from Sabine Oil & Gas plus a U.S. Gulf of Mexico well package offshore Louisiana operated by BHP.
Analysts Discuss Growing Pains Facing US Tight Oil Sector
2021-02-03 16:00:00| OGI
Similar to real-life growing pains, its awkward and it's painful, but the U.S. tight oil sector is heading toward a healthier era, Wood Mackenzie analysts say.
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