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Small Oil, Gas =Companies Get Cold Shoulder From Large Banks

2019-10-28 10:37:56| OGI

The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.

Tags: large small companies cold

 

Investors Brace For Poor US Shale Earnings Amid Weak Oil, Gas Prices

2019-10-28 10:32:55| OGI

Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.

Tags: prices poor gas oil

 
 

APGA: A Natural Gas Force

2019-10-25 05:16:07| OGI

Natural gas is still a long-term source for clean energy. That makes the American Public Gas Association is the voice of hundreds of utilities, and subsequently millions of customers, hard to overlook.

Tags: natural force gas natural gas

 

Senate Democrat Schumer Proposes Plan To Swap Gas Cars For Electric Vehicles

2019-10-25 04:33:42| OGI

Senator Chuck Schumer, the top Senate Democrat, late on Oct. 24 proposed a $454 billion plan over 10 years to help shift the United States away from gasoline-powered vehicles by offering cash vouchers to help Americans buy electric vehicles.

Tags: plan cars gas electric

 

Rising US Oil, Gas Output Fuels 30% Jump In Federal Minerals Revenues: Interior

2019-10-25 04:17:53| OGI

An increase in oil and gas production on U.S. public lands drove a 30% increase in federal energy and minerals revenue disbursements in fiscal year 2019, to $11.69 billion, the U.S. Interior Department said on Oct. 24.

Tags: jump federal gas oil

 

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