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Huge Brazil Oil Round Disappoints As Only Petrobras, Chinese Firms Bid

2019-11-06 17:10:54| OGI

Brazils government still got about 70 billion reais (US$17 billion) of signing fees from the minimum bid by Petrobras in consortium with the Chinese for the rounds biggest block, Buzios, and a lone Petrobras bid for the smallest block, Itapu.

Tags: chinese huge round oil

 

Equinor Makes Norway Oil, Gas Find Of Up To 100 Million Barrels

2019-11-06 17:07:31| OGI

Recoverable resources are estimated at between 38 million and 100 million barrels of oil equivalent, adding considerably to the areas resource base, the company said.

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Executive Oil Conference: More Permian Basin History To Write; E&Ps Shrinking Box Problem

2019-11-06 17:00:00| OGI

XTO Energys president said unconventional oil and gas operators have "only scratched the surface. Meanwhile, an IHS Markit analyst identified what investors are looking for these days.

Tags: box history problem write

 

Bison Oil & Gas Partners II Announces Solar Project With Pivot Energy

2019-11-06 13:14:51| OGI

Bison Energy, LLC, a wholly-owned subsidiary of Bison Oil & Gas Partners II LLC, and Pivot Energy said Nov. 6 the companies have entered into an agreement to develop their first solar project in Arapahoe County, Colo.

Tags: project partners energy gas

 

OPEC Chief: Oil Market May Have Upside Potential In 2020

2019-11-05 17:14:25| OGI

The cartel may reconsider whether it needs to cut output more deeply.

Tags: market potential chief oil

 

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