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Tag: oil
Pemex Chosen to Operate Talos-led Zama Oil Field
2021-07-05 18:50:00| OGI
Pemex and Talos had argued that they could best develop the Zama field, estimated to hold nearly 700 million barrels of oil, and said they had most of the oil reserves in their part of the deposit.
Tags: field
oil
chosen
operate
OPEC+ Abandons Oil Output Meeting after Saudi-UAE Clash
2021-07-05 18:40:00| OGI
The failure to agree on July 5 means an expected increase in oil output from August will not take place, the sources said, helping to drive up international benchmark Brent crude.
Tags: meeting
oil
output
clash
Nigerian Lawmakers Pass Historic Oil Overhaul Bill
2021-07-02 11:10:00| OGI
Leaders agreed earlier this year to sweeten the terms for oil companies in an effort by Nigerias parliament to attract much-needed investment in an era of shrinking global cash for fossil fuel production.
Vista Oil & Gas, Trafigura Strike $25 Million Vaca Muerta Shale Deal
2021-07-01 22:35:00| OGI
Under terms of the JV agreement, Vista Oil & Gas and Trafigura will jointly develop initially five pads of four wells each in Bajada del Palo Oeste, which is Vistas main shale oil development in Vaca Muerta.
OPEC+ Delays Meeting as UAE Objects to New Oil Deal
2021-07-01 21:00:00| OGI
OPEC+ sources earlier said the plan, on which top OPEC+ producers Saudi Arabia and Russia had reached a preliminary agreement, would see oil output rise by 400,000 bbl/d a month.
Tags: meeting
deal
oil
objects
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