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Companies in the News

Marathon Oil Suspends Permian Drilling with Deeper Capex Cuts

MRO

IHS: Expect Capex, Production to Continue Declining

INFO

Occidental Petroleum Opposes Possible Texas Oil Curtailments

OXY

Women in Energy: Liz Schwarze, Chevron

CVX

SandRidge Energy Names Carl Giesler CEO Amid Cost-saving Initiatives

SD

Nexans Leadership to Take Voluntary Pay Cut

NEX

Women in Energy: Julie Robertson, Noble Corp.

NE

Occidental Petroleum Names New CFO in Management Shakeup

OXY

Halliburton Cuts More US Jobs as Oil Bust Deepens

HAL

Fugro to Cut Staff, Implements Hiring and Salary Freeze

FURGF

Commodities Futures

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Equities

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Markets Stories

IHS: Expect Capex, Production to Continue Declining

Replacement production dynamics signal hope.

WoodMac: Global Electric Vehicle Sales to Drop 43% in 2020

Global electric vehicle (EV) sales closed at 2.2 million in 2019. This number is expected to drop 43% to 1.3 million by the end of 2020, according…

Calls Mount for New OPEC+ Deal as Oil Prices, Demand Slide

Oil producers need to resume cooperation in an effort to stabilize the global market, Russian and OPEC officials said, as the industry reels from…

OGI at Closing: Hit the Reset Button

The current price rout should force every oil and gas company to reset its 2020 plans. This year, stick to your core business but adjust your…

From OGI Editor-in-Chief: Emergency Response to ‘OPEC-aggedon’

When the three-year Saudi Arabia-Russia production-cut marriage known as OPEC+ ended acrimoniously on March 6, the oil and gas world as we know it…

Exxon Mobil To Boost Spending While Other Oil Majors Pull Back

The Texas-based supermajor is believed to be pursuing a counter-cyclical strategy despite findings that suggest “a mature industry in decline,” a…

Halliburton Restricts Travel On Growing Coronavirus Concerns

Halliburton, the world’s second largest oilfield services company, has restricted all global, non-critical business travel amid growing concerns…

Britain’s Zero-carbon Power Outstrips Fossil Fuels In 2019

Data shows wind, solar, hydro, nuclear and imports produced about 48.5% of Britain's electricity in 2019 while fossil fuels such as coal and gas…

From OGI Editor-In-Chief: The Energy Industry’s Coming Decade

The energy industry is experiencing great volatility as we enter the third decade of the millennium.

Infographic: The Oil And Gas Outlook For 2020

Offshore operations in the Gulf of Mexico will thrive with improving economics, while in the shale fields ... not so much; a new generation of…