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Chevron Closes $1.6 Billion Sale of Stake in Giant Azeri Oil Field

2020-04-16 20:30:00| OGI

MOL Plc, a Hungarian multinational oil and gas company, agreed to buy the asset, which consisted of Chevrons nonoperating interests in the largest oil field in the Azerbaijan sector of the Caspian Basin.

Tags: sale field oil billion

 

OPEC Cuts Oil Demand Forecast Again Due to Historic Shock

2020-04-16 19:30:00| OGI

"The oil market is currently undergoing historic shock that is abrupt, extreme and at global scale," OPEC said in the report.

Tags: due oil demand historic

 
 

Marketed: Conventional California Oil Properties (Santa Maria Valley / REDU)

2020-04-16 18:30:00| OGI

HVI Cat Canyon retained TenOaks Energy Advisors for the sale of conventional oil properties in California located in the Santa Maria Valley of Santa Barbara County and the Richfield Field of Orange County.

Tags: california properties santa maria

 

Diplomat: US Could Still Wield Oil Import Tariffs if OPEC+ Producers Break Deal

2020-04-16 16:08:22| OGI

While it remains an option, administration says it doesnt believe it will be necessary.

Tags: break deal oil import

 

Moelis Hires Former Veteran Banker Mark Renton for Oil and Gas Team

2020-04-16 11:10:00| OGI

The hiring of Mark Renton is Moelis' second in recent weeks of bankers with backgrounds in oil and gas, after Dennis Cornell joined from Morgan Stanley.

Tags: team mark gas oil

 

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