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Saudi Aramco Reportedly Slowing Diversification Plans amid Oil Downturn

2020-09-03 16:15:00| OGI

Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported.

Tags: plans oil saudi amid

 

Q&A: How Ethan Bellamy Found His Way Back to Oil and Gas

2020-09-03 11:30:00| OGI

East Daley Capital Advisors new midstream strategy director discusses structural changes in the industry, how the upcoming elections could affect energy and his new gig.

Tags: to back found gas

 
 

Head of Ecuador State-owned Oil Company Resigns Ahead of Merger

2020-09-02 22:42:00| OGI

Pablo Flores resignation comes as the South American countrys government is planning to merge Petroecuador with Petroamazonas.

Tags: company head oil ahead

 

US GoM Oil Output Down Nearly 20% in Hurricane Lauras Aftermath

2020-09-02 20:36:33| OGI

Shut-ins from hurricanes Laura and Marco have removed 13.8 million barrels of oil from the market since Aug. 22, according to a Reuters tally of government data.

Tags: oil output hurricane aftermath

 

Imperial Shuts Kearl Oil Sands Output after Pipeline Spill

2020-09-02 20:17:16| OGI

Timing to restart production is unknown, the company said in a release. Imperial is majority owned by U.S. major Exxon Mobil Corp.

Tags: oil output imperial pipeline

 

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