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US Schedules March 18 GoM Oil, Gas Lease Sale

2020-02-11 16:17:46| OGI

Terms include a 12.5% royalty rate for leases in less than 200 meters of water depth and a royalty rate of 18.75% for all other leases issued.

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Trumps Budget Proposes Sale From Emergency Oil Reserve

2020-02-11 14:30:00| OGI

Budget documents said a sale from the Strategic Petroleum Reserve would help raise funds for priorities including $242 million needed to fix a Naval Petroleum Reserve site in California.

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Pilot Chemical Names James Ogle as Head of Innovation Oil & Gas

2020-02-11 11:00:00| Coatings World Breaking News

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Oil Prices Drop To 13-month Low In Wake Of Coronavirus Outbreak

2020-02-11 00:00:00| OGI

Oil prices have dropped more than 25% from a peak in January with U.S. crude back below $50 a barrel after the spreading virus hit demand in China, the world's largest oil importer.

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Oil Industry Faces Rising ESG Pressures This Election Year

2020-02-10 21:00:00| OGI

Permitting, flaring and an anti-fossil fuel movement challenge an industry already struggling to change public perceptions.

Tags: year industry oil rising

 

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