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Jadestone Energy Vows to Be Last Man Standing in Oil and Gas Production

2020-12-02 11:30:00| OGI

Independent oil and gas producer Jadestone Energy sees an opportunity to expand as majors pivot to renewables.

Tags: man production energy gas

 

BMO to Exit US Oil and Gas Investment Banking Business

2020-12-01 20:15:00| OGI

BMO will wind down its investment and corporate energy banking units outside Canada to focus on the oil and gas business at home, where it sees better opportunities, a spokesman said in a statement.

Tags: business investment gas oil

 
 

Pioneer CEO Scott Sheffield Sees Oil Demand Recovery to Pre-pandemic Levels by 2022

2020-12-01 19:10:00| OGI

Pioneer Natural Resources is putting drilling rigs back to work in the Permian Basin oil field, but plans for oil production growth of zero to 5% while demand recovers, CEO Scott Sheffield says.

Tags: levels oil demand scott

 

Brazils Petrobras Aims to Step Up Oil Exports and Asset Sales

2020-12-01 15:36:12| OGI

Brazils Petrobras on Nov. 30 projected a surge in oil exports and divestments over the next five years as it steps up plans to target overseas demand and cut debt.

Tags: sales step oil asset

 

Norway Oil Output Curbs to Expire at Year-end

2020-12-01 11:05:00| OGI

Following a sharp drop in crude prices in early 2020 as the coronavirus pandemic hit demand, Norway in April announced it would slash oil output for the final seven months of the year.

Tags: oil output norway expire

 

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