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Italian Judge Accepts Eni's Request to Settle Congo Republic Oil Probe

2021-03-25 14:09:06| OGI

Eni has said it had no role in the allocation of licenses or in the Congo Republic governments choice of local partner.

Tags: request oil italian republic

 

INEOS to Sell Norwegian Oil and Gas Business for $615 Million

2021-03-25 13:55:00| OGI

The purchase of INEOS E&P Norge AS, with its estimated 117 million boe, would bring PGNiG Upstream Norway's output to about 1.5 Bcm annually over the next five years, PGNiG said in a separate statement.

Tags: business sell million gas

 
 

OPEC+ to Keep Oil Taps Tight as Europe Tightens Lockdowns

2021-03-25 10:30:00| OGI

European nations including France, Switzerland and Norway have tightened restrictions to address rising coronavirus cases as OPEC+ prepares to assess their policy on oil output cuts on April 1.

Tags: europe oil tight taps

 

Fourteen US States Sue Biden Administration over Oil and Gas Leasing Pause

2021-03-24 21:40:00| OGI

The pause on new oil and gas leasing on federal lands and waters by the Biden administration has triggered heavy criticism from the oil industry and producing states that receive half of the revenues generated from federal lands drilling within their borders.

Tags: states administration gas oil

 

US Oil Activity Jumps on Cautious Optimism Despite OPEC, Biden: Survey

2021-03-24 21:30:00| OGI

While improved oil prices have boosted expectations for 2021, executives are cautious about the potential for Biden administration oil and gas policy changes or the threat that OPEC and partners could easily return oil to the global market.

Tags: activity survey oil jumps

 

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