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Tag: oil
IEA Cuts 2019 Estimate For Oil Demand Growth On Global Trade Worries
2019-06-14 15:14:43| OGI
The Paris-based IEA, which coordinates the energy policies of industrial nations, revised down its 2019 demand growth estimate by 100,000 barrels to 1.2 million barrels per day (MMbbl/d) but said it would climb to 1.4 MMbbl/d for 2020.
Shell To Invest Up To $2.4 Billion In Mexican Deepwater Oil Projects
2019-06-14 04:12:14| OGI
Mexico's oil regulator on June 13 approved exploration plans for four deepwater areas operated by Royal Dutch Shell , after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.
Tags: projects
oil
shell
billion
Mexicos Oil Regulator Cancels October Auctions To Pick Pemex Partners
2019-06-14 02:17:07| OGI
Mexico's oil regulator announced on June 13 the cancellation of auctions set for October to pick joint-venture partners for national oil company Pemex in seven onshore areas.
Tags: october
partners
pick
oil
Analysts: Tanker Bombings Point To More US-Iran Tension, Oil Price Rise
2019-06-13 23:25:45| OGI
Oil prices rose Thursday following attacks on two Asia-bound tankers plying the Gulf of Oman, just east of the Strait of Hormuz, a major choke point for global crude markets.
Range-bound Prices Threaten Oil Producers In 2019 And Beyond
2019-06-13 21:00:00| OGI
Moodys found that as a group the 40 oil and gas companies it reviewed generated free cash flow for the first time in 2018, indicating an enhanced ability by E&Ps to tolerate lower commodity prices.
Tags: prices
beyond
oil
producers
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