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Schlumberger Posts Third Straight Quarterly Loss as Oil Rout Hits Services Demand

2020-10-16 15:18:13| OGI

Total revenue plunged 38% to $5.26 billion.

Tags: services posts loss hits

 

US Oil Majors Pitch More Campaign Cash to Democrats as Frack Battle Looms

2020-10-16 11:20:00| OGI

Chevron contributed roughly 28% of its political funds to Democratic candidates this cycle, from 26% in 2016, while Exxon Mobil sent 41% of its contributions to Democratic candidates and parties, up from 32.6%.

Tags: cash oil battle campaign

 
 

Illinois Regulators Approve Expansion of Dakota Access Oil Pipeline

2020-10-15 20:15:00| OGI

The Dakota Access oil pipeline had been a source of controversy prior to its completion in 2017, and there is an ongoing legal challenge over whether the line should remain operational.

Tags: access oil expansion illinois

 

Oil and Gas Investor A&D Trends: Pardon the Dust

2020-10-15 19:00:00| OGI

At the crack of a bankruptcy judges gavel, stalking-horse bidders slowly lurch out of the starting gate, lower their long necks and graze among the oil and gas bankruptcies. The slowly revealed results are fascinating.

Tags: the gas oil trends

 

OPEC Chief: Oil Prices Will Not Plunge Again

2020-10-15 15:50:25| OGI

Barkindo says the OPEC+ partnership will ensure that prices will not relapse.

Tags: prices chief oil plunge

 

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