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Equinor Buys Stake in Russia Oil Venture for $550 Million
2020-12-11 21:00:00| OGI
Equinor has agreed to buy a 49% interest in Russian onshore petroleum assets from Rosneft for $550 million, the Norwegian oil company said on Dec. 11.
Tags: million
oil
russia
venture
US Drillers Add Most Oil and Gas Rigs Since January
2020-12-11 19:35:00| OGI
Oil and gas drillers began to return to the wellpad in August, after the number of operating rigs hit a record low of 244, according to Baker Hughes data going back to 1940.
Amazon Expands Renewable Energy Deal with Oil Major BP
2020-12-11 16:15:00| OGI
BP will now supply the U.S. e-commerce giants operations and Amazon Web Services with an additional 404 megawatts of wind power in Europe starting in 2022.
Tags: major
energy
deal
amazon
Forty Under 40: Matt Luna, Kraken Oil and Gas
2020-12-11 11:30:00| OGI
Todays featured Forty Under 40 honoree is Matt Luna, vice president of development at Kraken Oil and Gas, a Kayne Anderson-backed E&P company focused primarily on the Bakken formation.
From Oil and Gas Investor Editor-in-Chief: A New Energy Era
2020-12-11 11:00:00| OGI
The call for an energy transition to no-carbon fuels has been building within developed nations, but it appears the election of one of its champions to the worlds most influential nation finally gives the movement the critical mass it needs to put the machine of transition into drive.
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