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PATH FORWARD: Energy Industry Expert Says US Oil Cuts Could Help Shales Reputation

2020-05-05 11:30:00| OGI

Jim Krane of Rice Universitys Baker Institute shared his take on the relationship between the U.S., Saudi Arabia and Russia going forward plus how paralyzing the oil storage and demand situations will be for the industry in the short-term.

Tags: industry forward energy path

 

Diamondback Energy to Cut May Oil Output, Profit Tops Estimates

2020-05-04 22:49:41| OGI

The Texas-based company also maintained its cash dividend of $0.375 per common share for the first quarter.

Tags: energy cut oil output

 
 

Oil Price Crash Threatens Texas University Endowments

2020-05-04 22:00:00| OGI

Turmoil in the oil market slashes Texas colleges revenues.

Tags: price university texas oil

 

Texas Energy Regulator Drops Plan for Oil Production Cuts

2020-05-04 18:05:00| OGI

Texas regulators on May 5 are scheduled to consider cutting oil production, but Texas Railroad Commissioner Ryan Sitton said there are not enough votes to pass the measure.

Tags: plan production energy texas

 

Thailands PTTEP, Partners Make Two Oil Discoveries Offshore Mexico

2020-05-04 15:16:51| OGI

The two wells, Polok-1 and Chinwol-1, are about 88 km from the Mexican coastline of Tabasco and have about 200 meters and 150 meters of net oil pay respectively, PTTEP said.

Tags: make mexico partners oil

 

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