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US Crude Oil Production to Fall Less in 2020 Than Previously Forecast

2020-10-06 20:00:00| OGI

U.S. energy firms last week added oil and natural gas rigs for a third week in a row for the first time since October 2018 after price increases in recent months prompted some producers to start drilling again.

Tags: fall production previously oil

 

Chrysaor to Take Over Premier Oil, Creating UK North Seas Biggest Producer

2020-10-06 15:08:05| OGI

The combined group, which will have a new name, will be run by Harbour CEO Linda Cook, while Chrysaor CEO Phil Kirk will be head of its European business.

Tags: north premier creating oil

 
 

Oil Producers Start Offshore Evacuations in Gulf of Mexico as Storm Threatens

2020-10-05 20:15:00| OGI

BP and BHP began evacuating non-essential personnel from their offshore oil and gas platforms in the U.S. Gulf of Mexico, the companies said. BHP also plans to shut production at its facilities by Oct. 7.

Tags: start mexico oil storm

 

Oil Giant Exxon Mobil to Cut 1,600 Jobs Across Europe

2020-10-05 20:10:00| OGI

Exxon Mobil said country-specific cuts will depend on the oil major's local business footprint and market conditions, after the COVID-19 pandemic hammered demand for its products and crude prices tanked.

Tags: jobs europe cut oil

 

Accelerating M&A in Oil and Gas: Riveron Shares How to Maximize Deal Value

2020-10-05 20:00:00| OGI

James Lee, executive managing director at Riveron and leader of the firms energy practice, joins Hart Energy to discuss the challenges facing the oil and gas deal community and how companies can successfully navigate their upcoming transactions.

Tags: to value deal gas

 

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