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Exxon's Imperial Oil to Produce Plant-based Renewable Fuel

2021-08-25 15:30:17| OGI

Renewable diesel has the potential to reduce annual CO2 emissions by about 3 million metric tons compared to conventional fuels.

Tags: produce oil fuel imperial

 

US Heavy Oil Prices Rise as Market Braces for Mexico Supply Hit

2021-08-25 15:24:05| OGI

Prices of heavy sour crude oil grades have been rising in the U.S. Gulf Coast, traders said on Aug. 24, as the market braces for a disruption of supplies from Mexico in the wake of a fire that has cut state-run Pemex's oil output by about 25% since Aug. 22.

Tags: market prices hit mexico

 
 

US to Restart Oil Leasing Program with Offshore Auction this Year

2021-08-25 11:10:00| OGI

The U.S Interior Department will take procedural steps by the end of this month to prepare for a sale of oil leases in the Gulf of Mexico. The auction itself is expected in October or November.

Tags: year program oil auction

 

Oil and Gas Investor A&D Trends: Death by 1,000 Viruses

2021-08-25 10:00:00| OGI

Expect cybersecurity to be a larger part of the way in which deals between oil and gas companies are evaluated.

Tags: death gas oil trends

 

Iraq Approves BP Plan to Spin Off Giant Oil Field

2021-08-24 23:00:00| OGI

The new company, Basra Energy Ltd., would hold BPs interest in Iraqs giant Rumaila oil field and be jointly owned by China National Petroleum Corp., one of BPs partners at the site.

Tags: plan field oil iraq

 

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