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Tag: oil
Canadas Trans Mountain Pipeline Shut after British Columbia Oil Spill
2020-06-15 15:04:22| OGI
The Canadian government-owned Trans Mountain pipeline has been shut down since June 13 following an oil spill at a pump station in British Columbia, the pipeline company said.
Tags: british
oil
mountain
columbia
BP Cuts up to $17.5 Billion from Assets Value with Bleaker Oil Outlook
2020-06-15 14:48:22| OGI
The move comes as CEO Bernard Looney prepares to outline his strategy in September to reinvent BP including a reduced focus on oil and gas and a larger renewables business.
BlackGold Reportedly Raising $600 Million for Direct Lending to Oil Sector
2020-06-15 11:10:00| OGI
BlackGold started marketing the fund, its largest to date, in March, as the coronavirus pandemic sent oil prices plunging and brought production to a halt on fears of oversupply.
Tags: direct
million
oil
sector
BP takes hit of up to $17.5bn as it forecasts cheaper oil
2020-06-15 09:34:53| BBC News | Business | UK Edition
The firm expects prices to be lower as plans to cut carbon emissions are sped up in the wake of coronavirus.
US Oil, Gas Rig Count Sinks to Another Record Low
2020-06-12 19:21:00| OGI
The U.S. oil and gas rig count fell by five to an all-time low of 279 in the week to June 12, according to data from Baker Hughes Co., going back to 1940.
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