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Iran Outlines Budget To Resist US Sanctions As Oil Exports Plunge
2019-12-08 15:30:40| OGI
Iran's president presented a draft state budget of about $39 billion to parliament on Dec. 8, saying it was designed to resist U.S. sanctions by limiting dependence on oil exports.
Mexico's Pemex Announces Discovery Of 'Giant' Crude Oil Deposit
2019-12-07 16:52:11| OGI
Mexican state oil company Pemex said on Dec. 6 it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling it the largest such finding in more than 30 years.
Tags: oil
discovery
giant
deposit
Saudi Delivers Deeper Cuts As OPEC+ Oil Producers Back New Pact
2019-12-06 21:26:09| OGI
Saudi with OPEC peers and allies led by Russia backed a plan that could see cuts of as much as 2.1 million barrels per day (MMbbl/d), Saudi Energy Minister Prince Abdulaziz bin Salman said.
US Oil Rig Count Drops By Five
2019-12-06 19:18:49| OGI
Baker Hughes reported the oil rig count fell to 663 this week, the lowest since April 2017.
Harvest Oil & Gas To Buy Back $5 Million Of Shares
2019-12-06 17:04:22| OGI
Harvest Oil & Gas Corp. said Dec. 5 that its board of directors has approved a share repurchase program under which Harvest is authorized to repurchase up to $5 million of its outstanding common stock.
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