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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%.
Category: Industrial Goods and Services
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 gasCategory: 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 hundredsCategory: 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 takesCategory: 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 thirdquarterCategory: Industrial Goods and Services
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 conventionalCategory: 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 debtCategory: 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 oilfieldCategory: 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 takesCategory: Industrial Goods and Services