OGI At Closing: NEPA Or Not?

President Donald Trump is proposing a change to the National Environmental Policy Act to speed up oil and gas infrastructure projects, a first in 50 years.

February 28, 2020
OGI At Closing: NEPA Or Not?

Unlike Rivals, Bloomberg Would Not Ban Oil Exports

Candidate’s stance could help in Texas primary but upset progressives in Democratic Party.  

February 28, 2020
bloomberg

Sempra: Coronavirus Has Not Hit Talks With LNG Buyers

Worries about exports have eased, with China back to accepting shipments.

February 28, 2020

Marketed: Grizzly Energy Wind River Basin Producing Property

Grizzly Energy retained PetroDivest Advisors is offering for sale its oil and gas producing properties, leasehold and related assets in the Wind River Basin located in Wyoming.

February 28, 2020

US Oil Rig Count Falls Slightly As Producers Cut Spending

Drillers cut one oil rig in the week to Feb. 28, bringing down the total count to 678, energy services firm Baker Hughes Co. said in its weekly report.

February 28, 2020

EOG Aims To Grow Premium Inventory, Test New Plays

EOG Resources plans to test about six oil and gas prospects this year with a focus on adding premium drilling locations while still lowering well costs.

February 28, 2020
EOG Resources ended 2019 with net proved reserves of about 3,329 million barrels of oil equivalent (MMBoe), up 14% from a year earlier. (Source: Aleksei Zakirov/Shutterstock.com)

Eni Targets Oil Output Peak In Clean Energy Drive

Italian energy company Eni pledged on Feb. 28 to reduce its oil production from 2025 and slash its greenhouse gas emissions by 80% in one of the most ambitious clean-up drives in an industry under pressure from investors to go green.

February 28, 2020

Wood To Design Chevron’s Anchor Deepwater Project

Wood has been selected to deliver a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico, the company said on Feb. 27.

February 28, 2020

Best Of This Week’s Drilling Activity Highlights (Feb. 28, 2020)

Two Bone Springs completions reported by EOG in the Permian Basin and Chesapeake Energy Haynesville Shale discoveries top this week’s drilling activity highlights from around the world.

February 28, 2020
Best Of This Week’s Drilling Activity Highlights (Feb. 28, 2020)

Occidental Petroleum Posts Loss After Taking Over $1.7 Billion Impairment, Charges

Occidental Petroleum has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its acquisition of Anadarko Petroleum.

February 28, 2020

EPIC Begins Start-up Of Greenfield Permian-Gulf Coast Oil Pipeline

The incremental Permian-Gulf Coast capacity lends further support to Midland pricing, said analysts with Tudor, Pickering, Holt & Co. in a research note.

February 28, 2020

EOG Resources Beats Profit Estimates On Higher Output, Boosts Dividend

The Houston-based company’s total production rose 11% to 78.2 million barrels of oil equivalent per day for the quarter ended Dec. 31.

February 28, 2020