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Oil Price Collapse Sours $320 Million Deal For Alta Mesa Resources

2020-03-13 10:10:00| OGI

A court-ordered sale of one-time shale high-flyer Alta Mesa Resources fell through due to a lack of financing on March 9, a day when oil prices and shares of U.S. oil producers plummeted.

Tags: price resources million deal

 

Oil Outlook Sours As Sanctions, Global Tensions Fail To Bring Out Bulls

2019-07-22 17:09:49| OGI

Surge in U.S. production, coupled with demand weakness, is restricting price movement.

Tags: global bring oil fail

 
 

Oil Outlook Sours As Sanctions, Global Tensions Fail To Bring Out Bulls

2019-07-22 12:02:29| OGI

entiment in the oil market has shifted dramatically in recent days, with hedge funds, producers and traders all taking a more bearish tack in response to what they see as weakness in worldwide demand.

Tags: global bring oil fail

 

Cheap Oil Sours Big-Ticket Energy Projects

2015-01-30 08:39:28| Oil & Gas - Topix.net

As Chevron Corp. closes in on its long-elusive goal of pumping more oil, another target is slipping away: Boosting profits. Chevron's drive to increase its oil-and-gas production, the most ambitious among the world's giant energy companies, is beginning to show results, with two major deep-water projects in the Gulf of Mexico starting up late last year.

Tags: energy projects cheap oil

 

Cheap Oil Sours Big-Ticket Energy Projects

2015-01-30 07:40:07| Energy - Topix.net

As Chevron Corp. closes in on its long-elusive goal of pumping more oil, another target is slipping away: Boosting profits. Chevron's drive to increase its oil-and-gas production, the most ambitious among the world's giant energy companies, is beginning to show results, with two major deep-water projects in the Gulf of Mexico starting up late last year.

Tags: energy projects cheap oil

 

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