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Tullow Shares Soar On Guyana Oil Discovery

2019-08-12 15:03:30| OGI

Tullow CEO Paul McDade said Jethro-1 is expected to hold more than 100 million recoverable barrels of oil.

Tags: oil shares discovery guyana

 

Oil Falls On Lower Demand Outlook, US-China Trade Dispute

2019-08-12 11:19:21| OGI

Oil prices fell on Aug. 12 amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand

Tags: lower trade oil falls

 
 

Canadian Oil, Gas Looks For Rebound

2019-08-09 21:00:00| OGI

The Canadian oil and gas industry is slowly showing signs of recovery as energy experts are cautiously optimistic about the future of the vital economic driver.

Tags: gas oil canadian rebound

 

US Oil Drillers Cut Rigs For Sixth Week In A Row

2019-08-09 19:16:41| OGI

Drillers cut six oil rigs in the week to Aug. 9, bringing down the total count to 764, the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

Tags: week cut oil row

 

Libya Restarts Production At El Sharara Oil Field

2019-08-09 15:00:55| OGI

The field, south of Zawiya port in western Libya, was shut late in July by an armed group.

Tags: field production oil libya

 

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