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On the Market Oil and Gas Quicklist (Week of June 3, 2020)

2020-06-03 19:00:00| OGI

Heres a quicklist of oil and gas assets on the market including a nonop position in EnerVests Nora Field natural gas assets in Virginia and West Virginia plus pipeline interest in Oklahoma gathering systems.

Tags: june week market gas

 

Saudi, Russia Reach Deal on Oil Cuts

2020-06-03 15:25:35| OGI

Preliminary pact raises pressure on other OPEC+ members to comply.

Tags: deal reach oil russia

 
 

US Oil Companies Monitor Gulf of Mexico Storm

2020-06-03 14:48:54| OGI

Royal Dutch Shell Plc, BP Plc, Chevron Corp., Exxon Mobil Corp., Hess Corp. and Murphy Oil were taking precautions, but not evacuating workers from offshore production platforms on June 2 because of Tropical Storm Cristobal.

Tags: companies mexico monitor oil

 

Venezuelas Oil Exports Sink to 17-year Low, Choked by US Sanctions

2020-06-03 00:00:00| OGI

Venezuela's oil exports plummeted in May to their lowest level since 2003 as U.S. sanctions choked exports, according to data and internal shipping documents.

Tags: us low oil sink

 

US Shale Producers Begin Restoring Output as Oil Prices Turn Higher

2020-06-02 20:50:49| OGI

Parsley Energy plans to restore all of the 26,000 bbl/d it cut earlier this year and an EOG Resources executive told investors it would reopen shuttered wells and add new ones in the second half of the year.

Tags: prices turn higher begin

 

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