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Norway Plans Big Expansion of Arctic Oil Exploration

2020-06-24 15:11:11| OGI

The government will auction up to 136 new oil exploration blocks in a major licensing round, with 125 of those in the Arctic Barents Sea, a relatively unspoiled corner of the planet.

Tags: big plans oil expansion

 

Trump Administration Delays Big Wyoming Oil, Gas Lease Sale

2020-06-12 19:00:00| OGI

BLM had previously delayed oil and gas lease sales in Utah, Mississippi, Nevada and Colorado expected this month, as well as a major sale in New Mexico in late May.

Tags: big sale administration gas

 
 

Oil Rescues Big Investment Banks Commodities Profits

2020-06-02 11:10:00| OGI

The world's 12 biggest investment banks cashed in on commodity price volatility caused by the coronavirus in the first quarter, with big increases in income from oil offsetting a tumble in precious metals.

Tags: big investment oil banks

 

IEA Warns Oil Market Falls Too Big to Offset with Output Cuts

2020-04-15 15:11:54| OGI

The IEA forecast a 9.3 MMbbl/d drop in demand for 2020 despite what it called a solid start by producers following a record deal to curb supply in response to the coronavirus pandemic.

Tags: big market oil output

 

Trump Open to Big Oil Tariffs, But Doesnt Expect to Need Them

2020-04-06 16:58:19| OGI

We have to save a great industry, president says, while holding back on sanctions.

Tags: to them need open

 

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