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Tag: oil
US Oil, Gas Rig Count Falls for First Time in Six Weeks
2021-06-04 19:24:54| OGI
The U.S. oil and gas rig count, an early indicator of future output, fell by one to 456 in the week to June 4, according to data from Baker Hughes Co.
Column: US Shale Restraint Pushes Oil Prices to Multi-year High
2021-06-04 15:39:52| OGI
The higher prices signal the need for more drilling and production.
Exxon Mobil Surrenders Interest in Ghanas Offshore Oil Block
2021-06-03 15:30:20| OGI
Exxon Mobil Corp. has relinquished its 80% interest in Ghanas Deepwater Cape Three Points offshore block, a spokesman told Reuters on June 3.
Tags: interest
block
oil
mobil
Ecuadors Lasso Names Former State Oil Executive as Energy Minister
2021-06-02 23:03:38| OGI
Lasso tasked Juan Carlos Bermeo, a civil engineer who also served as a vice minister of hydrocarbons under former President Lenin Moreno, with doubling crude output and combating corruption in the oil sector.
Tags: state
names
energy
executive
Oil Prices Rally as OPEC+ Producers Agree Slow Supply Increase
2021-06-02 22:00:00| OGI
Cartel and its allies stick to plan to gradually lift production as demand improves.
Tags: increase
prices
supply
agree
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