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Oklahoma Asks Trump to Declare Coronavirus Act of God to Help Oil Producers

2020-04-27 11:10:00| OGI

"Over-production of oil continues to threaten the economy," Gov. J. Kevin Stitt said in a letter to Trump that Stitt posted on Twitter late on April 26.

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Continental Resources Draws Anger with Decision to Cancel Oil Sales

2020-04-24 23:30:00| OGI

Continental Resources, the largest producer in North Dakota, stopped all drilling there, shut in wells and issued a force majeure notice, according to three sources familiar with the matter.

Tags: resources sales decision oil

 
 

Analysis: Will OPEC+ Members Comply with Pledged Oil Cuts?

2020-04-24 23:00:00| OGI

The record oil production cuts agreed to by OPEC, Russia and other producers may not be delivered in the short-term, according to analyst.

Tags: members analysis oil comply

 

Baker Hughes Reports US Oil Rig Count Down By 60

2020-04-24 20:18:20| OGI

The total count dropped to 378, the lowest since July 2016, energy services firm Baker Hughes Co. said in its weekly report.

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Mnuchin Considers Lending Program for Struggling Oil Companies

2020-04-24 15:25:40| OGI

Treasury is considering several options, secretary says.

Tags: program companies oil considers

 

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