OklahomaMinerals.com
Oil & Gas News
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1.3KExxon tries to put the worst behind it with a $20 billion writedown
By: Reuters – Exxon Mobil on Monday said it would write down the value of natural gas properties by $17 billion to $20...
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U.S. shale firms ramp up natural gas output as futures signal more gains
By: Jennifer Hiller & Scott DiSavino – Reuters – Higher natural gas futures prices for 2021 and a continued glut of crude...
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Demand predictions accelerated due to COVID-19
By: Noah Browning and David Evans – Reuters – The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts...
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API pledges to fight possible Biden fracking limits
By: Laura Sanicola – Reuters – If U.S. President-elect Joe Biden tries to restrict the development of oil and gas drilling on...
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ADNOC’s new oil find to boost oil output to 5M bpd by 2030
By: Dania Saadi – S&P Global Platts – Abu Dhabi National Oil Co.’s (ADNOC) oil discoveries will help boost its production capacity...
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America’s biggest oil storage hub filling to brim again
By: Lucia Kassai and Andrew Guerra Luz – Bloomberg – Oil tanks in America’s most important crude storage hub are filling to...
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US Gulf of Mexico oil and gas lease sale larger than expected
By: Starr Spencer – S&P Global Platts – The twin challenges of low oil prices and uncertain demand recovery that has resulted...
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Chevron looks to Biden to preserve its Venezuela foothold
By: Bloomberg – Chevron’s willingness to keep a foothold in oil-rich Venezuela will now be a thorny political issue for President-elect Joe...
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Top U.S. Interior Department contender eyes renewable energy expansion on public land
By: Valerie Volcovici, Nichola Groom – Reuters – A top contender to lead the U.S. Interior Department under Democratic President-elect Joe Biden...
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Oil & Gas hit during Oklahoma’s COVID economy
By: Evan Onstot – KOCO – A Bureau of Labor Statistics chart says it all, Oklahoma was hit hard by the massive...
