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Penn Virginia Rebrands as Ranger Oil Following Close of Lonestar Acquisition

2021-10-07 22:00:00| OGI

The rebrand to Ranger Oil reflects a focus on safe and efficient oil and natural gas operations in Texas, where Penn Virginiawhich has a corporate lineage dating back to the late 1800seventually narrowed its focus in the Eagle Ford Shale.

Tags: close oil virginia acquisition

 

Occidental Sees Profits in Carbon Capture, Downplays Oil Production Growth

2021-10-07 21:23:31| OGI

Occidental has one of the most ambitious programs of the industry to capture CO2 from the atmosphere and re-inject it in the ground as a way to mitigate global warming.

Tags: production growth oil capture

 
 

Chevron, Shell, Total Among Potential Bidders in Brazil Oil Auction

2021-10-07 15:33:56| OGI

In total, there are 92 blocks for sale in four offshore basins spread throughout Brazil.

Tags: total potential oil brazil

 

BP Wins Over Greenpeace in North Sea Oil Court Case

2021-10-07 15:33:21| OGI

A Scottish court handed BP a win over Greenpeace on Oct. 7 after the environmental group tried to void the energy company's license to exploit a North Sea oil field, saying the climate impact of the end-use of oil should not affect permits.

Tags: case north sea court

 

PATH FORWARD: Oil and Gas Strategies for Navigating the Renewables Boom

2021-10-07 11:00:00| OGI

Sidley Austins Cliff Vrielink shares his take on how the oil and gas industry is navigating the renewables boom including investment opportunities amid the energy transition plus real world consequences of moving too quickly.

Tags: forward gas path oil

 

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