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Opinion: Will Hard Lessons Of Saudi Oil Attack Be Learned?

2019-09-16 18:04:52| OGI

Ramping up tensions with a country like Iran invites a counterpunch, says Reuters columnist.

Tags: hard opinion oil attack

 

What's Affecting Oil Prices This Week (September 16, 2019)?

2019-09-16 17:18:02| OGI

As expected, Brent lost momentum at the end of the week. The International Energy Agencys latest Oil Market Report revealed their expectation that rebalancing would need to continue through 2020 based on current stock levels and lackluster demand growth.

Tags: september week prices oil

 
 

Exxon Mobil-led Consortium Strikes Oil Again Offshore Guyana

2019-09-16 16:23:08| OGI

Drilled in 2,003 m (6,572 ft) of water by the Noble Tom Madden drillship, the Tripletail-1 well hit about 33 m (108 ft) of high-quality oil-bearing sandstone reservoir, Exxon Mobil said in a news release on Sept. 16.

Tags: oil guyana strikes offshore

 

Tullow Hits Oil Offshore Guyana, Plans To Drill More Wells In 2020

2019-09-16 16:20:17| OGI

Although the discovery was smaller than initially estimated, it offers Tullow and its partners better understanding of the block to decide on further exploration drilling and development of production, Tullow CEO Paul McDade said.

Tags: plans hits oil wells

 

Oil prices soar after attacks on Saudi facilities

2019-09-16 01:32:49| BBC News | Business | UK Edition

Brent crude surged 19% as nervous traders speculated about the impact on global supplies.

Tags: prices facilities oil saudi

 

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