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Baker Hughes Posts Second-Straight Quarterly Loss as Oil Slump Slams Demand

2020-07-22 15:12:50| OGI

Oilfield services provider Baker Hughes Co. posted its second quarterly loss for the year on July 22 and warned it was preparing for longer volatility after a slump in oil prices crushed demand for its services.

Tags: posts loss oil demand

 

New Mexico Proposes Crackdown on Oil Industrys Methane Emissions

2020-07-22 11:00:00| OGI

The proposal, announced by state officials on July 20 after consultations with industry, would impact drillers in New Mexicos portion of the Permian Basin oil hub where production has surged in recent years.

Tags: mexico oil emissions proposes

 
 

Li-ion battery waste used in biodiesel production from discarded vegetable oil

2020-07-22 09:55:37| Green Car Congress

Tags: production oil waste battery

 

Iraq Increases Oil Exports in July, Still Pumps above OPEC+ Target

2020-07-21 21:00:00| OGI

The July figures imply Iraq is still some way from fulfilling its OPEC+ pledges and is exporting far more than a July loading program indicated.

Tags: july target oil increases

 

Canadas Hibernia Oil Platform Shuts Production After Leak

2020-07-21 15:04:18| OGI

Hibernia sits roughly 315 km (200 miles) east of St. Johns, Newfoundland and Labrador.

Tags: production oil platform leak

 

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