OklahomaMinerals.com
Oil & Gas News
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1.8KGlobal Oil Demand Won’t Peak Before 2040, OPEC Says
By: David Hodari – WSJ – The world’s appetite for crude oil won’t reach its apex for another two decades, the Organization...
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How and Why Oil and Gas Will Rebound
By: Eric R. Hawkins – Mayhawk Energy, LLC – To say that we live in an anxiety-filled world right now is the...
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A $100 billion Big Oil divestiture plan is coming
By: Tore Guldbrandsøy, senior vice president, and Ilka Haarmann analyst, at Rystad Energy – CNBC – Energy transition has climbed towards the...
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U.S. oil producers on pace for most bankruptcies since last downturn
By: Jessica Resnick-Ault & Arathy S. Nair – Reuters – Oasis Petroleum Inc and Lonestar Resources US Inc’s bankruptcy filings are the...
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Cleanup of abandoned oil and gas wells to cost Texans $117B
By: Paul Takahashi – Houston Chronicle – Plugging and cleaning up the abandoned oil and gas wells in Texas could cost companies...
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ExxonMobil focused on core oil and gas as renewable returns too weak
By: S&P Global Platts – ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly...
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ConocoPhillips zeroes in on Eagle Ford Shale
By: S&P Global Platts – ConocoPhillips sees the US’ Eagle Ford Shale as its current main domestic activity focus, at a time...
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Swift recovery in offshore oil and gas trunkline market expected
By: Nermina Kulovic – Offshore Energy – This downturn’s impact on trunkline demand is, however, lighter than that of 2016, and recovery...
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Devon agrees to buy Tulsa-based WPX Energy
DEVON & WPX MERGER KEY HIGHLIGHTS Merger of equals creates a leading unconventional oil producer in the U.S. Builds a dominant Delaware...
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Deep-water drilling squeezed by oil busts, climate change
By: Paul Takahashi – Houston Chronicle – Since the first oil rig in the Gulf of Mexico was built in 14 feet...
