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US Shale Producer Marathon Oil Posts Fourth Straight Quarterly Loss

2020-11-04 22:25:00| OGI

Marathon Oil reported a loss of $317 million, or 40 cents per share, for the quarter ended Sept. 30, compared to a profit of $165 million, or 21 cents per share, a year earlier.

Tags: posts loss oil straight

 

Latin America Oil Production Slides as Region Awaits Market Rebound

2020-11-04 21:12:54| OGI

Hopes are for Latin American oil production to rise in 2021 to average about 7.65 MMbbl/d as upstream revenues climb, according to analysts.

Tags: region market america production

 
 

On the Market Oil and Gas Quicklist (Week of Nov. 4, 2020)

2020-11-04 19:05:00| OGI

Heres a quicklist of oil and gas assets on the market including a Permian Basin well package operated by Apache Corp. plus Royal Blue Minerals IIs Williston Basin position.

Tags: week market nov gas

 

Sources: OPEC, Russia Study Deeper Oil Cuts

2020-11-04 17:12:38| OGI

COVID-19 wave is persuading the producers to rethink easing output reductions.

Tags: study sources oil russia

 

Total Pursues Sale of Stakes in Angolan Oil Fields

2020-11-04 15:06:50| OGI

Total could raise around $300 million from the sale of its 20% stake in Angolas offshore Block 14.

Tags: total sale fields oil

 

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