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Saudi Aramco Reportedly Slowing Diversification Plans amid Oil Downturn

2020-09-03 16:15:00| OGI

Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported.

Tags: plans oil saudi amid

 

Turkey Reportedly Makes Significant Black Sea Gas Find

2020-08-20 23:25:00| OGI

President Tayyip Erdogan told energy executives on Aug. 19 he will announce "good news" on Aug. 21 that will herald a "new period" for Turkey.

Tags: find black makes significant

 
 

Chevron Reportedly Pursuing Deal to Develop Large Oil Field in Iraq

2020-08-17 20:25:00| OGI

Chevron and the Iraqi government are discussing the potential execution of exploration work in Iraq's southern Nassiriya oil field, which is estimated to hold about 4.4 billion barrels of crude.

Tags: large field deal develop

 

US Oil Producer Hess Reportedly Cutting About 10% of Workforce

2020-08-15 00:30:00| OGI

Hess, which had about 1,770 employees as of Dec. 31, dismissed about 165 full-time workers this week and terminated an undisclosed number of contract employees, according to people familiar with the matter.

Tags: of oil cutting producer

 

Mexico President Reportedly Plans to Execute Energy Vision by Late September

2020-08-12 11:10:00| OGI

Mexico's president Andres Manuel Lopez Obrador has given officials until late September to craft a plan to reassert state control over the energy industry, according to three people familiar with the matter.

Tags: september plans late mexico

 

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