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Tag: oil
Renaissance Oil Founder Frustrated by Mexicos Fracking Ban
2020-06-22 11:10:00| OGI
Ian Telfer, who in 2014 founded Canadian-based Renaissance Oil, noted that earlier this week the company announced it would begin to diversify away from Mexico's energy sector.
Tags: oil
ban
founder
renaissance
Oil Price Structure Signals Global Market Recovery
2020-06-19 22:00:00| OGI
The new oil price structure marks a turnaround from earlier when the coronavirus outbreak had pushed oil prices into the opposite structure, when prompt prices fell below forward prices, known as contango.
Tags: price
market
global
structure
US Slaps Sanctions On Mexican Firms, Individuals Linked to Venezuelan Oil Trade
2020-06-19 16:05:28| OGI
US claims that the oil-for-food deal didnt deliver food for the Venezuelan people.
Tags: trade
oil
individuals
linked
Norway Offers Additional Blocks for Offshore Oil Exploration in Already Opened Areas
2020-06-19 15:00:00| OGI
The so-called awards in pre-defined areas are for zones offshore Norway already open to oil and gas companies, in the North Sea, Norwegian Sea and Barents Sea.
Tags: additional
offers
areas
oil
OPEC+ Pushes For Compliance, Remains Undecided on Extending Oil Cuts
2020-06-18 23:05:00| OGI
OPEC and allies, known as OPEC+, have been cutting output since May by a record 9.7 million bbl/dor 10% of global supplyafter oil demand plunged by up to a third.
Tags: remains
oil
compliance
cuts
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