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Exxon Mobil Expands Offshore Guyana Resource with New Pinktail Oil Find
2021-09-09 15:45:00| OGI
Exxon Mobil also announced the Liza Unity FPSO vessel to be utilized for the Liza Phase 2 development set sail from Singapore to Guyana in early September.
LyondellBasell Plans Quick Sale of Houston Oil Refinery
2021-09-08 22:30:00| OGI
LyondellBasell on Sept. 8 said it is considering strategic options for its Houston crude oil refinery, including a potential sale. U.S. refiners last year suffered deep losses as the coronavirus pandemic slashed demand for motor fuels.
On the Market Oil and Gas Quicklist (Week of Sept. 8, 2021)
2021-09-08 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including Revolution Resources West Edmond Hunton Lime Unita mature, free cash flow asset in the Midcontinent with shallow-decline, oil-weighted production.
Oil Prices Climb on Slow Return of US Supply after Hurricane Ida
2021-09-08 11:35:00| OGI
Producers in the U.S. Gulf of Mexico are still struggling to restart operations nine days after Hurricane Ida swept through the region with powerful winds and drenching rain.
Tags: return
prices
supply
oil
US Oil Losses from Hurricane Ida Rank among Worst in 16 Years
2021-09-08 11:30:00| OGI
Some 17.5 million barrels of oil have been lost to the market to date, with shutdowns expected to continue for weeks. Ida could reduce total U.S. production by as much as 30 million barrels this year, according to energy analysts.
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