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Canada Turns on Oil Taps as Prices Rise, Curbs Lift

2020-11-02 15:08:08| OGI

Producers cut 972,000 barrels per day (bbl/d) in spring but they since restored all but 270,000 bbl/d, according to the Canada Energy Regulator.

Tags: canada prices oil rise

 

New coronavirus lockdowns lead to oil price slump

2020-11-02 05:02:13| BBC News | Business | UK Edition

Worries about a fall in global demand have caused jitters across commodities and share markets.

Tags: price lead oil slump

 
 

US Drillers Add Oil, Gas Rigs for Third Month in a Row

2020-10-30 18:21:22| OGI

U.S. energy firms this week added oil and natural gas rigs for a seventh week in a row for the first time since June 2018, and for a third consecutive month, even as oil majors cut spending due to the COVID-19 pandemic's impact on energy demand and prices.

Tags: add month gas oil

 

Mexican Oil Regulator Flags Pemexs Worrying Performance This Year

2020-10-30 16:16:32| OGI

Just 18 of 62 planned wells were completed.

Tags: year performance oil mexican

 

Oil and Gas Investor At Closing: Make the Downturn Last?

2020-10-30 15:00:00| OGI

Some good oil and gas companies will fall by the wayside, which is a disappointing thing, terrible for employees and investors. But for those who remain, new efficiencies and better responses will propel them to greater heights. In this way, the one good side effect of this awful downturndisciplined focuswill last.

Tags: last make gas oil

 

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