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Tag: oil
Australia Hits Oil Producers with Levy to Decommission Abandoned Timor Sea Field
2021-05-12 15:01:51| OGI
The move, announced in the governments 2021-22 budget late May 11, came as a surprise as it was not flagged in a proposed new framework for decommissioning rules set out last month.
Tags: field
australia
sea
hits
Peak Oil? What About Peak Investment
2021-05-11 22:30:53| OGI
Is oil and gas nearing peak investment? Industry experts including top execs from Shell Oil and Pioneer Natural Resources discuss capital trends, ESG and the energy transition.
Tags: investment
oil
peak
peak oil
Occidental Petroleum Says Federal Leasing Ban Would Hurt US Oil Growth
2021-05-11 22:15:30| OGI
CEO Vicki Hollub said May 11 she was concerned about the possibility of a federal moratorium on new oil and gas leases going forward.
EIA Projects Steeper Decline in US Oil Production for 2021
2021-05-11 19:25:00| OGI
U.S. oil producers have been gradually increasing drilling activity as oil prices have rebounded but output growth has been muted as investors pressure companies to rein in spending and focus on returns.
Tags: production
projects
oil
decline
Shell Makes Significant Oil Discovery in Deepwater GoM
2021-05-11 15:43:13| OGI
The Leopard well hit more than 600 ft of net oil pay at multiple levels, Shell said in a news release.
Tags: makes
significant
oil
shell
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