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Report: Methane Emissions from Oil, Gas Production Fell 10% in 2020
2021-01-19 11:25:00| OGI
In 2020, oil and gas operations emitted over 70 million tonnes of methane, or around 10% less than in 2019, the IEA says.
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Oil and Gas Investor A&D Trends: Fools, Liars, Charlatans
2021-01-15 22:00:00| OGI
The oil and gas industry was not sunk, but 2020 did damage that will take time to assess before deeming it as salvageable or a wreck.
Exxon Mobil Says Latest Guyana Well Did Not Find Oil in Target Area
2021-01-15 21:45:08| OGI
The disappointment at Hassa-1 comes after Exxon said in November its crude discovery at the Tanager-1 well in the Kaieteur block was not financially viable on its own.
US Drillers Add Oil, Gas Rigs for 8th Consecutive Week
2021-01-15 19:16:39| OGI
The oil and gas rig count rose 13 to 373 in the week to Jan. 15, its highest since May, according to Baker Hughes Co.
OPEC Sees US Shale Output Recovering Further on Oil Rally
2021-01-15 15:56:19| OGI
The outlook for U.S. shale oil is slightly more optimistic due to rising prices and output will recover further in the second half of 2021, OPEC said on Jan.14, in a sign its policy of cutting output is helping rivals pump more.
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