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Ban Fracking? 2020 Election Issues for Oil and Gas Execs to Watch

2020-08-17 11:30:00| OGI

More or less regulation? Will the pace of climate change measures accelerate? What about Washington gridlock? When the polarized electorate chooses leaders, it will also choose a course for national energy policy.

Tags: to issues watch gas

 

US Oil Producer Hess Reportedly Cutting About 10% of Workforce

2020-08-15 00:30:00| OGI

Hess, which had about 1,770 employees as of Dec. 31, dismissed about 165 full-time workers this week and terminated an undisclosed number of contract employees, according to people familiar with the matter.

Tags: of oil cutting producer

 
 

ConocoPhillips Gets US Green Light for Alaska Oil Project

2020-08-14 23:23:14| OGI

The project could help offset oil production declines in the state, according to the Bureau of Land Management.

Tags: project light green oil

 

US Oil, Gas Rig Count Falls to Record Low for 15th Week

2020-08-14 19:16:54| OGI

The U.S. oil and gas rig count fell by three to an all-time low of 244 in the week to Aug. 14, according to data from energy services firm Baker Hughes Co.

Tags: low week record count

 

Earnout Provisions: The New Oil Industry Norm

2020-08-14 15:05:00| OGI

Oil and gas companies should carefully review their contingent consideration and earnout provisions in purchase and sale agreements and be prepared for the reporting and valuation challenges that come with them.

Tags: industry oil provisions norm

 

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