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Tag: oil
Shrinking Spare Oil Capacity Underscores Need for More Investment, IEA Says
2021-10-14 23:30:00| OGI
Spare capacity is an important cushion for the oil market as it allows producers to quickly respond to unplanned outages that could tighten the market and cause big fluctuations in prices.
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investment
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capacity
Why You Shouldnt Count Colorado Oil and Gas Out
2021-10-14 19:00:00| OGI
With a rigorous regulatory and environmental framework, heres why oil and gas producers in the Centennial State have a key role to play in the clean energy future, according to Dan Haley, CEO of the Colorado Oil and Gas Association.
Chevron Signs Offshore Oil Output Sharing Contract with Suriname State Firm
2021-10-14 16:05:00| OGI
Chevron, which agreed to pay a signing bonus of $30.88 million, is expected to cover the offshore blocks exploration costs in a first phase that will last six years, Suriname state oil company Staatsolie said.
White House Asks US Oil, Gas Companies to Help Lower Fuel Costs
2021-10-13 20:26:58| OGI
Natural gas prices are up sharply this year, the result of supply shortages and stronger-than-expected demand in Europe and Asia.
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Norway to Continue Search for Oil, Gas, Incoming Government Says
2021-10-13 20:00:00| OGI
Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Oct. 13.
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