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Tag: oil
Shale-well Frackers Grind To a Halt as Oil Prices Collapse
2020-04-02 15:13:29| OGI
An estimated 31 hydraulic fracturing fleets, or 11% of those currently operating, were turned off in the last week, according to data from consultancy Primary Vision.
Tags: prices
oil
collapse
halt
Brazils ANP Suspends Oil, Gas Bidding Rounds Due To Coronavirus
2020-04-02 15:05:45| OGI
In a press release, the ANP said its action followed the Mines and Energy Ministrys decision to suspend pre-auction procedures such as the drafting of documents and contracts in light of the current economic uncertainty.
Shale Gas Producers Get Share Price Boost as Oil Price Falls
2020-04-02 15:00:00| OGI
The prospect of lower production from the U.S. shale patch has pushed gas prices higher.
Coronavirus: Oil prices rise on hopes of a price war truce
2020-04-02 05:46:44| BBC News | Business | UK Edition
US President Donald Trump said he expects Saudi Arabia and Russia to strike a deal in the next few days.
Trump Invites Big Oil to Discuss Help for Ailing Industry
2020-04-01 22:00:00| OGI
The collapse in prices has threatened the once-booming U.S. oil and gas industry, which has a relatively high cost of production, leading Washington to scramble for ways to protect the sector.
Tags: big
industry
discuss
oil
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