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Oil Prices Firm on US Inventories Decline Despite OPEC+ Impasse

2021-07-09 11:15:00| OGI

Oil prices on both sides of the Atlantic were on track for a weekly loss of nearly 2%, dragged down by the collapse of output talks between OPEC and allies including Russia, together known as OPEC+.

Tags: prices firm oil decline

 

BP: Oil Accounted for Most of 2020s Cut in Energy Demand

2021-07-09 10:00:00| OGI

Natural gas use dipped and renewable demand grew, eating into coals share of power generation, BPs annual report says.

Tags: energy cut oil demand

 
 

North Dakota Sues Federal Government over Canceled Oil and Gas Leasing

2021-07-08 18:55:00| OGI

The complaint, filed late July 7 with the U.S. District Court for the District of North Dakota Western Division, said March and June auctions nixed by the federal agencies cost the state $80 million in lost revenues.

Tags: north government federal gas

 

Oil Prices Fall Again as OPEC+ Uncertainty Weighs

2021-07-08 16:33:06| OGI

Concerns about pandemic also drag prices.

Tags: prices fall oil uncertainty

 

Contango Oil & Gas to Acquire ConocoPhillips Wyoming Assets

2021-07-08 16:05:00| OGI

The acquisition follows Contango Oil & Gas merger agreement with Independence Energy LLC, built and managed by KKRs Energy Real Assets team, announced last month.

Tags: gas oil assets wyoming

 

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