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Tag: oils
Report Shows Big Oils Proved Reserves Dwindling
2021-05-06 21:50:00| OGI
The drop, according to Norway-headquartered Rystad Energy, could result in oil reserves running out within 15 years if large commercial discoveries are not made quickly.
Vencer Energy Makes Debut with Acquisition of Hunt Oils Permian Position
2021-04-30 17:20:00| OGI
The acquisitionVencer Energys first since its launch by energy trader Vitol last yearcomprises Hunt Oils Midland Basin position covering 44,000 acres across the Permian in West Texas.
Tags: makes
position
energy
acquisition
Big Oils Huge Losses Raise Prospect of Megamergers
2021-02-09 19:00:00| OGI
Rise of clean energy and doubts about long-term demand force existential reckoning for oil majors.
Hedge Funds Bet on Oils Big Comeback after Pandemic Hobbles Producers
2021-02-08 10:05:00| OGI
Normally, oil producers would ramp up production as prices increase, but a move by environmentally focused investors from fossil fuels to renewables and caution by lenders leaves them hard-pressed to respond.
Tullow Oils New Strategy Focuses on Squeezing West Africa Fields
2020-11-25 16:09:01| OGI
Britains Tullow Oil will commit 90% of its investments in coming years on its producing offshore oil fields in West Africa and put exploration on the back burner to reduce debt.
Tags: west
africa
strategy
fields