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Marathon Oil Profit Boosted By Bakken, Permian Basin Operations

2019-05-02 14:45:31| OGI

Marathon Oil beat analysts' estimates for first-quarter profit, boosted by higher production and lower costs at its U.S. shale assets in the Bakken and Permian Basin regions.

Tags: operations oil profit basin

 

Canada Could Exempt Some Oil Sands Projects From Federal Energy Bill

2019-05-02 01:17:00| OGI

Canada will exempt some oil sands projects from federal environmental assessments as long as Alberta maintains a cap on oil sands emissions, draft regulations from the federal government said on May 1.

Tags: canada bill energy projects

 
 

EIA: US Crude Oil Stocks Soar To Highest Since September 2017

2019-05-01 18:35:16| OGI

The EIA reported crude inventories rose 9.9 million barrels in the week to April 26 to 470.6 million, compared with analysts' expectations for an increase of 1.5 million barrels.

Tags: september highest oil stocks

 

How Trump Decided To Tighten Iran Oil Sanctions

2019-05-01 17:48:45| OGI

White House hard-liners won internal debate to cancel waivers for eight importers of Iranian crude.

Tags: decided oil iran sanctions

 

What Does Trumps Executive Order Mean For Oil And Gas Investing?

2019-05-01 15:00:00| OGI

Ostensibly intended to guard energy companies from investor activism, the presidents executive order also carries some risk for the sector.

Tags: order executive gas oil

 

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