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ConocoPhillips Sells Northern Australia Assets To Santos For $1.39 Billion

2019-10-14 02:13:00| OGI

ConocoPhillips has agreed to sell its northern Australian business to its partner Santos Ltd. for $1.39 billion, in a deal that will boost the Australian oil and gas group's output by 25%.


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India Investing $60 Billion On Gas Grid To Link Up Nation By 2024

2019-10-13 22:47:42| OGI

India, one of the world's largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday.

Tags: up link india gas

Category: Industrial Goods and Services
 

Hundreds Of Algerians Protest Against Proposed Energy Law

2019-10-13 22:44:12| OGI

Hundreds of Algerians protested in front of parliament on Oct. 13 against proposed changes to the energy law that they say the caretaker government has no right to pass.

Tags: law energy proposed hundreds

Category: Industrial Goods and Services
 

New King Of North Sea Takes On Total, BP

2019-10-13 22:34:28| OGI

This year, Chrysaor, will, according to some estimates, be the biggest oil and gas producer in the North Sea, rivaling Total and BP.

Tags: on total north takes

Category: Industrial Goods and Services
 

Coming Soon: Oil & Gas Investor's 2019 Class of Forty Under 40

2019-10-11 22:57:08| OGI

The class of 2019: The next generation of leaders who are shaping the oil and gas industry.


Category: Industrial Goods and Services
 

BP Warns Of Multibillion-Dollar Third-Quarter Charges

2019-10-11 22:35:17| OGI

BP will take charges of $2 billion to $3 billion in the third quarter, as the British energy firm looks to reach divestments worth $10 billion a year ahead of schedule.

Tags: charges warns multibilliondollar thirdquarter

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Marketed: Operated, Conventional Permian Basin Oil Properties

2019-10-11 21:25:11| OGI

CBP Resources retained TenOaks Energy Advisors for the sale of Permian Basin operated, conventional oil properties on the Central Basin Platform and Northern Shelf closing Nov. 19.

Tags: properties oil operated conventional

Category: Industrial Goods and Services
 

Diamondback Energys Viper Prices Upsized $500 Million Debt Offering

2019-10-11 21:05:56| OGI

Viper Energy Partners, the acquisition machine of Diamondback Energy in the minerals space, had originally launched the offer for $400 million on notes on Oct. 7.

Tags: prices million offering debt

Category: Industrial Goods and Services
 

You Cant Beat Oilfield BBQ

2019-10-11 20:46:49| OGI

Investment bank Simmons Energy, a division of Piper Jaffray, proved this by hosting its second annual Permian Basin Cook-Off at the Permian Basin Petroleum Museum in Midland, Texas.

Tags: beat bbq oilfield

Category: Industrial Goods and Services
 

Exploration, Development Takes Shape Offshore South America

2019-10-11 20:32:58| OGI

Drilling success offshore South America, particularly Guyana, has been a bright spot for the oil and gas industry as some areas look to make comebacks.

Tags: development south america takes

Category: Industrial Goods and Services
 

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