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Tag: oil
ConocoPhillips Makes Norway Oil Discovery of up to 200 Million Barrels
2020-12-22 11:16:12| OGI
ConocoPhillips made an oil discovery in the Norwegian Sea north of the Heidrun field, the country's Petroleum Directorate (NPD) said on Dec. 22.
Tags: makes
million
oil
norway
Whats Affecting Oil Prices This Week? (Dec. 21, 2020)
2020-12-21 20:00:00| OGI
The price of crude oil moved upward again last week with Brent crude closing the week at $52.26 after closing the previous week at $49.97.
Trump Administration Cuts Size of Arctic Land Offered for Oil Auction
2020-12-21 15:21:28| OGI
In a last-minute change, the Trump administration cut about 30% of the Arctic National Wildlife Refuge territory that it plans to auction off for oil exploration on Dec. 21.
Tags: size
land
administration
offered
US Drillers Add Oil and Gas Rigs for Fourth Consecutive Week
2020-12-18 19:15:00| OGI
The oil and gas rig count, an early indicator of future output, rose 8 to 346 in the week to Dec. 18, the highest since May, energy services firm Baker Hughes said in its closely followed report.
Trans Mountain Oil Pipeline Construction Stops over Safety Concerns
2020-12-18 15:30:00| OGI
Trans Mountain CEO Ian Anderson cited multiple worker safety incidents during the past two months and said the shutdown of the oil pipeline's construction on Dec. 17 was voluntary.
Tags: construction
safety
oil
mountain
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