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Petrobras, Partners Mark First Oil From Iara Offshore Brazil

2019-11-15 16:10:14| OGI

Located in the Santos Basin offshore Brazil, the FPSO has a daily capacity of up to 150,000 barrels of oil and 6 million cubic meets of natural gas.

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US Oil, Gas Producers To Slash Spending For Second Straight Year In 2020

2019-11-15 15:24:22| OGI

Blistering growth in shale fields propelled U.S. crude output to a record 13 million barrels per day (MMbbl/d) this month.

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Dakota Access Oil Pipeline Eyes Expansion Over Tribes Objections

2019-11-14 16:53:01| OGI

Energy Transfer seeks to build a pump station and double capacity of the system.

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Callon Petroleum Sweetens Deal Price For Carrizo Oil & Gas Merger

2019-11-14 16:35:47| OGI

Callon Petroleum agreed to a lower premium in its acquisition of Carrizo Oil & Gas with a sweetened deal price for the merger.

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Laredo Petroleum Targets Oil Growth In $130 Million Permian Purchase

2019-11-13 22:30:00| OGI

Jason Pigott, who took over as Laredo CEO last month, said the purchase of acreage in Howard County, Texas, is the companys next strategic step in creating additional value for its stakeholders.

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