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Mexico's Vista Oil & Gas Raises $107 Million In Share Offering

2019-07-27 02:22:01| OGI

Mexico's Vista Oil & Gas has raised 2.031 billion pesos (US$107 million) in a primary public share offering to help finance development of shale oil projects in Argentina, the firm said on July 26.

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US Oil Drillers Cut Rigs For Fourth Week In A Row

2019-07-26 19:15:47| OGI

Drillers cut three oil rigs in the week to July 26, bringing down the total count to 776, the lowest since February 2018, Baker Hughes, a GE company, said in its weekly report.

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Repsol Sinopec Invests In Robotics For Oil Wells Operations, Inspection

2019-07-26 14:54:16| OGI

The company is working in Brazil with Ouro Nego and the Pontifical Catholic University of Rio de Janeiro to develop an autonomous robotic system.

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Tullow Oil Eyes Next Hot Spot As Exploration Picks Up

2019-07-24 21:36:10| OGI

The company and partner Karoon Energy plan to drill their first well in Peru in early 2020.

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Tullow Oil Opts For $33 Million Interim Payout, Revises Output Down

2019-07-24 18:07:56| OGI

The dividend follows a first half in which Africa-focused Tullow doubled post-tax profit to $103 million and a payout of about $67 million earlier in the year. The group had suspended payouts in 2015.

Tags: down million oil output

 

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