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Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm
2021-08-02 15:17:45| OGI
Oil Search said on Aug. 2 it intended to recommend an improved buyout offer from Santos Ltd., worth AU$8.4 billion (US$6.2 billion), in a deal that would create a top-20 global oil and gas company.
OPEC Oil Output Hits 15-month High, Survey Shows
2021-08-02 15:10:00| OGI
Saudi Arabia delivered the biggest increase in July of 460,000 bbl/d of oil, as it further unwound its voluntary cut and raised output as part of the July 1 OPEC+ boost.
US Says Seizes Oil Tanker Used to Evade North Korea Sanctions
2021-08-02 11:15:00| OGI
A DOJ statement said the M/T Courageous was seized by Cambodian authorities in accordance with a U.S. warrant, having been used to transfer oil products to North Korean vessels.
Tags: north
korea
oil
sanctions
Oil and Gas Investor Cover Story: A&D Refueled
2021-08-02 10:00:00| OGI
In the aftermath of 2020s large-scale mergers and corporate transactions, the deal pantry will likely find itself overflowing with asset buyers hungry for suitable acreage.
US Oil, Gas Rig Count Falls for First Week in Eight
2021-07-30 19:23:21| OGI
Despite this weeks decline, the total rig count was up 237, or 94%, over this time last year, according to Baker Hughes data going back to 1940.
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