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Tag: oil
On the Market Oil and Gas Quicklist (Week of May 6, 2020)
2020-05-06 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including XTO Energys Eagle Ford Shale/Austin Chalk position plus interest in Permian Basin wells in Winkler County, Texas.
Occidental Petroleum Looks to Raise Cash as Oil Prices Pressure Finances
2020-05-06 18:30:00| OGI
Occidental Petroleum CFO Robert Peterson said in a conference call on May 6 the company is considering raising new cash, swapping debt for stock and refinancing existing debt because of collapsing oil demand.
Tags: prices
cash
pressure
oil
Data Show Pemex Increased Oil Production, Refining in March
2020-05-06 15:10:50| OGI
Mexico agreed to a 100,000-bbl/d output cut as part of an initiative by the OPEC+ group to push up plummeting oil prices by withdrawing barrels from an oversupplied market. The cuts will be put in place this month.
Tags: show
data
march
production
Opinion: Oil Industry Needs Mindset Makeover to Weather Skills Storm
2020-05-06 15:00:00| OGI
The oil industry needs to emerge from this crisis having changed forevernot solely driven by cost but by a commitment to values way beyond a corporate statement, writes James McCallum, chairman of Xergy Group.
Tags: industry
opinion
skills
oil
How Does Government Have the Power to Curb US Oil Output
2020-05-06 11:10:00| OGI
Small oil companies in Texas, North Dakota and Oklahoma have asked state and federal authorities for help to stop the pain by allocating cuts and other measures. But how can states mandate output curbs?
Tags: us
power
government
oil
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