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US Drillers Add Gas Rigs, Oil Rig Count Falls
2020-11-20 19:23:36| OGI
U.S. oil rigs fell five to 231 this week, while gas rigs gained three to 76, their highest since July, according to Baker Hughes data.
Imperial Oil to Boost Spending, Slightly Raise Output
2020-11-20 15:08:52| OGI
Imperial plans to spend C$1.2 billion ($917.01 million) in 2021, up 33% from 2020. Upstream production looks to rise 5% to 415,000 boe/d.
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Oil and Gas Investor A&D Roundtable: A Pinprick of Light at Tunnels End
2020-11-20 00:00:00| OGI
2020 has been a dark year for A&D, but a variety of factors point toward bright spots in the foreseeable future. Leaders from Detring Energy Advisors, EnergyNet and UBS Investment Bank share their thoughts on why.
US Moves to Loosen Safety Rules for Arctic Ocean Oil Drilling
2020-11-19 22:10:17| OGI
The proposal would revise a suite of Obama-era rules crafted to improve safety in the extreme conditions of the Arctic after a Shell drilling rig ran aground there in 2012.
Venezuelan Oil Could Become Worlds Biggest Stranded Asset, Say Experts
2020-11-19 22:00:00| OGI
Climate change poses mortal threat to shattered countrys only economic lifeline.
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