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Tag: oil producer
US Oil Producer APA Plugs, Abandons Offshore Well in Suriname
2021-09-29 15:31:59| OGI
APA Suriname holds a 50% working interest in the block, with French energy major TotalEnergies holding the rest.
Tags: oil
producer
suriname
offshore
CEO of Major US Shale Producer Says Oil Consolidation Largely Over
2021-09-09 21:00:00| OGI
Pioneer Natural Resources was central to a wave of U.S. shale dealmaking, but deal-mania is mostly over because of a lack of cash and worries about future demand, says CEO Scott Sheffield.
Enbridge to Sell Stake in Oil Producer Noverco for $1.14 Billion
2021-06-08 11:25:00| OGI
Enbridge said the sale of its stake in Noverco represents a valuation of approximately 29x reported 2020 GAAP earnings of $39 million.
Tags: sell
oil
billion
producer
Offshore Oil Producer Talos Energy Boosts ESG Initiatives
2021-05-28 00:05:00| OGI
Talos Energy, one of the U.S. Gulf of Mexicos largest public independent producers, established plans for a 30% further reduction of its GHG emissions intensity by 2025 from the baseline levels established in 2020.
Tags: energy
oil
producer
initiatives
Russia Lacks Swing Producer Flexibility, Slow to Revive Oil Output
2021-03-12 14:59:45| OGI
Based on this months deal of the OPEC+ group, Russia is allowed to increase its output by 130,000 bbl/d in April.