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US Oil Drillers Cut Rigs For Third Week In A Row

2019-05-24 20:32:38| OGI

U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row as weaker oil prices encourage drillers to follow through on plans to cut spending.

Tags: week cut oil row

 

Court Rules British Columbia Cannot Regulate Trans Mountain Pipeline Oil Flows

2019-05-24 20:28:44| OGI

A British Columbia court ruled on Friday that the provincial government cannot introduce a law that would regulate increased flows of heavy crude through the proposed Trans Mountain pipeline.

Tags: rules court british oil

 
 

BP Nears Sale Of Stake In Egyptian Oil Firm To Dragon Oil

2019-05-23 17:49:56| OGI

BP is nearing the sale of its stake in a major Egyptian oil and gas company to Dubai-based Dragon Oil for over $600 million, industry and banking sources said.

Tags: to sale firm oil

 

HART ENERGY CONNECT: AWEA Windpowers Focus On Jobs, Oil, Gas Transitions

2019-05-22 23:34:56| OGI

AWEA Windpower 2019 returned to Houston this week for the first time in a decade.

Tags: jobs focus energy gas

 

EIA: US Crude Oil Inventories Highest Since July 2017

2019-05-22 17:55:09| OGI

U.S. crude oil inventories rose unexpectedly last week, hitting their highest levels since July 2017, due to weak refinery output, the EIA says.

Tags: july highest oil crude

 

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