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Oil Majors Exxon Mobil, Chevron Earnings Fall On Lower Energy Prices

2019-11-01 17:10:00| OGI

Results from Exxon Mobil and Chevron mirrored weaker quarterly earnings from other oil majors, BP and Royal Dutch Shell, which also reported third-quarter earnings earlier this week.

Tags: prices lower fall energy

 

Drilling Ban Proposals Divide Democrats In Oil States

2019-11-01 15:38:13| OGI

In New Mexico and Colorado, politicians balance environmental policies with the need for oil and gas revenues.

Tags: states oil ban proposals

 
 

Ghanas $4.4 Billion Pecan Oil Field Development Faces Delay

2019-11-01 14:32:06| OGI

While Aker initially aimed to tie in discoveries in a wider area to its planned Pecan production systems, it had failed to obtain changes in regulation that would facilitate such an approach, the company said.

Tags: development field oil delay

 

Bullish View On Offshore May Require $80-$100 Oil

2019-11-01 10:30:00| OGI

Unless commodity prices rise sharply, the capex wont be there for offshore oil and gas projects to make FID plans a reality, according to analysts with Bernstein.

Tags: view require oil offshore

 

US Oil Production Soars To Record In August

2019-10-31 18:15:22| OGI

The U.S. has become the world's largest oil producer with output surging to records above 12 million barrels per day this year as technological advances have increased production from shale plays.

Tags: august record production oil

 

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