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Tag: buy oil
Trump Administration Looks to Buy Oil for SPR Out of DOE Budget
2020-03-25 18:00:00| OGI
The Trump Administration has told energy interests not to worry, that money will be found in the DOE's budget, one of the sources said, though it was unclear how much money could be appropriated.
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Harvest Oil & Gas To Buy Back $5 Million Of Shares
2019-12-06 17:04:22| OGI
Harvest Oil & Gas Corp. said Dec. 5 that its board of directors has approved a share repurchase program under which Harvest is authorized to repurchase up to $5 million of its outstanding common stock.
Redburn Says Big Oil No Longer A Buy As Peak Demand Looms
2019-09-13 05:16:53| OGI
Redburn, the equity research house, has removed all buy ratings from the biggest integrated oil companies, arguing that the industry faces an existential risk as long-term forecasts for oil demand are up to 30% too high.
Murphy Oil To Buy LLOG Deepwater Gulf Of Mexico Assets For Up To $1.6 Billion
2019-04-23 15:10:03| OGI
The acquisition from LLOG Exploration and its affiliates is expected to strengthen Murphys GoM portfolio at a very attractive price, Murphy Oil CEO Roger W. Jenkins says.
Viking Energy in discussions to buy oil and gas company
2017-06-27 01:00:00| Hydrocarbons Technology
US-based independent exploration and production company Viking Energy Group is set to acquire an undisclosed company with producing, conventional oil and gas assets with development potential, in a deal valued at $25m.