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Australias FAR Gets $159.2 Million Buyout Offer from Remus Horizons

2020-12-17 15:24:13| OGI

Cash-strapped FAR has struggled due to the coronavirus-induced downturn in the oil and gas industry.

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Exxon Mobil Considers Investing Over $240 Million in Louisiana Refinery

2020-12-17 11:25:00| OGI

Exxon Mobil is carrying out a multibillion-dollar expansion of its Beaumont, Texas, refinery to run crude oil coming from the Permian Basin in Texas.

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Greece raises EUR 372 million in 5G spectrum tender

2020-12-17 10:12:00| Telecompaper Headlines

(Telecompaper) Greek telecommunications authority EETT said it completed the 5G tender for granting spectrum licences for the 700 MHz, 2 GHz, 3400-3800 MHz and 26 GHz bands. After six rounds of bidding, Cosmote, Vodafone Greece and Wind Hellas secured licences for a total price of EUR 372.3 million. Of the total, Cosmote paid EUR 123.03 million, Vodafone EUR 130.18 million, and Wind EUR 119.05 million. 

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North Dakota Daily Oil Production Holds Steady at 1.2 Million Barrels

2020-12-14 23:25:00| OGI

North Dakota oil production was just over 1.2 million bbl/d in October, holding near its strongest levels since the coronavirus pandemic began to curtail output in the state's Bakken shale field.

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SandRidge Energy Exits Colorado North Park Basin Asset in $47 Million Sale

2020-12-14 23:00:00| OGI

SandRidge Energy agreed to the sale of its North Park Basin asset in Colorado, which marks the Oklahoma City-based independents transformation into a pure-play Midcontinent E&P company.

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