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Indian Oil Firms Need to Bring in Foreign Players to Unlock Resources

2020-11-17 15:03:57| OGI

The nations oil and gas output has been stagnant for years, forcing it to raise reliance on imports to meet rising fuel demand.

Tags: to resources bring foreign

 

Equinor Sees Oil Demand Peaking Two to Three Years Sooner Due to Virus

2020-11-17 11:30:10| OGI

Oil firm Equinor expects global oil demand to peak by around 2027-2028, two-three years earlier than the company previously saw, as a result of the COVID-19 pandemic, it said on Nov. 17.

Tags: to years due oil

 
 

Surinames Staatsolie Launches Bidding Round for Offshore Oil Blocks

2020-11-16 21:16:18| OGI

Staatsolie said companies had until April 30 to enter bids for the blocks, which it said comprised some 13,524 sq km off its western coast near the border with Guyana.

Tags: round oil blocks bidding

 

Marketed: Kaiser-Francis Oil Oklahoma Package, Caddo and Commanche Counties

2020-11-16 21:00:00| OGI

Kaiser-Francis Oil Co. retained EnergyNet for the sale of a 16-well package with operations plus about 4,706 net leasehold acres in Oklahoma's Caddo and Commanche counties through an auction closing Dec. 16.

Tags: package oil oklahoma counties

 

Whats Affecting Oil Prices This Week? (Nov. 16, 2020)

2020-11-16 19:00:00| OGI

There are three additional variables which oil markets are not used to deal with in the fourth quarter: the current infections uptick in Europe, the U.S. presidential transition and announcements about new vaccines, all of them adding bearish or bullish pressure to prices over the next few months.

Tags: week prices nov oil

 

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