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Oil and Gas Industry Braces for Punitive Methane Fee

2021-09-13 16:20:00| OGI

Heres why even oil and gas producers that support cracking down on emissions are up in arms over a proposal to tax American methane pollution.

Tags: industry gas oil fee

 

Chevron, Exxon, Valero Win Bids for Reserve Oil, US Energy Department Says

2021-09-13 16:06:35| OGI

The sale comes as oil prices are at a one-week high amid U.S. supply concerns over damage from Hurricane Ida and the ongoing impact from COVID-19. 

Tags: department says energy win

 
 

OPEC Expects Delta Variant to Delay Oil Demand Growth

2021-09-13 15:26:20| OGI

"The increased risk of COVID-19 cases primarily fueled by the Delta variant is clouding oil demand prospects," OPEC said in its latest report.

Tags: growth oil demand delay

 

Oil Prices Rise to One-week High on US Supply Concerns

2021-09-13 11:15:00| OGI

Goldman Sachs analysts estimated that Hurricane Ida caused U.S. oil inventories to decline by about 30 million barrels and could push up U.S. refining margins and further widen the price spread between WTI and Brent.

Tags: high prices supply oil

 

Oil and Gas RBL Alternatives to the Rescue

2021-09-13 11:00:00| OGI

After long-standing bank reserve-based lending began to retrench in 2020, alternative capital providers look poised to step up, or even take over, the funding need for oil and gas producers.

Tags: gas oil alternatives rescue

 

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