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Oil Prices Rise after Trump Falsely Claims Victory in Tight US Election

2020-11-04 11:45:00| OGI

A victory by Donald Trump is viewed as bullish for oil because of sanctions on Iran and his support for Saudi-led OPEC oil cuts to support prices while a victory by his rival Joe Biden would be seen as bearish.

Tags: us prices claims oil

 

The young Norwegians taking their own country to court over oil

2020-11-04 01:06:54| BBC News | Business | UK Edition

Despite Norway's green credentials, its infamous state wealth is due to its huge oil exports. This week, Norwegian youths are challenging this double standard in the Supreme Court.

Tags: to country young taking

 
 

Future Could Bring Oil Output Growth to Western Canada

2020-11-03 21:55:00| OGI

With Alberta production limits set to be lifted in December, some oil and gas companies are planning to increase production following curtailments earlier this year.

Tags: canada future western bring

 

Canadas Waterous Plans to Expand Osum Oil Sands Stake

2020-11-03 18:12:52| OGI

The deal is valued at C$126 million (US$95.96 million). Waterous Energy said Osum shareholders would receive cash consideration of C$2.40 per share.

Tags: plans expand oil stake

 

US Assures Eni Repairs to Venezuela Oil Facility Not Barred by Sanctions

2020-11-03 14:55:54| OGI

Images showing the Nabarima floating storage and offloading facility tilting to its side have raised concerns.

Tags: oil venezuela facility repairs

 

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