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Investors Brace For Poor US Shale Earnings Amid Weak Oil, Gas Prices

2019-10-28 10:32:55| OGI

Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.

Tags: prices poor gas oil

 

Trump Suggestion Of Taking Syrian Oil Draws Rebukes

2019-10-28 00:47:09| OGI

President Donald Trump's suggestion on Oct. 27 that Exxon Mobil Corp. or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.

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CNOOC: North Sea Buzzard Oil Field Restarts

2019-10-25 21:24:48| OGI

Pipework at the field had interrupted output since Oct. 16.

Tags: north field sea oil

 

US Drillers Cut Oil Rigs For Record 11th Month

2019-10-25 19:45:21| OGI

Drillers cut 17 oil rigs in the week to Oct. 25, bringing the total count down to 696, the lowest since April 2017, Baker Hughes Co. said in its closely followed report on Oct. 25.

Tags: month record cut oil

 

Eni Strikes Oil Offshore Egypt

2019-10-25 16:23:50| OGI

The well was drilled south of the Sidri South discovery to assess field continuity westward in a down dip position, the company said in a news release.

Tags: oil egypt strikes offshore

 

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