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NYSE Begins Move to Delist Chinese State Oil Producer CNOOC

2021-02-27 00:05:00| OGI

The NYSE said CNOOC has the right to appeal the delisting decision. The exchange will include any appeal it receives in its application to the U.S. Securities and Exchange Commission.

Tags: state move chinese oil

 

Houston-based Oil Producer Marathon Oil Confirms Layoffs

2021-02-11 22:10:00| OGI

Marathon Oil confirmed it had laid off employees and cut its U.S. organizational footprint, though oil and gas producer did not disclose how many employees were impacted by the layoffs.

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Denver-based Oil Producer Ovintiv Faces Proxy Fight from Kimmeridge

2021-01-26 22:50:50| OGI

Earlier this month, Kimmeridge had urged Ovintiv to focus on capital allocation, management compensation issues and establishing environmental strategy.

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Oil Producer Hess Sees Slight Reduction in Output on Flat Budget

2021-01-25 15:14:35| OGI

Hess forecast net production to average about 310,000 barrels of oil equivalent per day (boe/d) in 2021, excluding Libya, compared with 2020 estimate of 325,000 boe/d.

Tags: flat oil output budget

 

Offshore Oil Producer Talos Energy Launches Public Equity Offering

2020-12-08 22:40:00| OGI

Talos Energy, one of the largest public independent producers in the U.S. Gulf of Mexico, is offering about 8.3 million shares of its common stock to the public.

Tags: public energy oil offering

 

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