Tullow Oil Sees $1.5B Write-Off As It Cuts Oil Price Outlook
Tullow Oil expects to book US$1.5 billion write-offs for 2019, due to slashing its oil price assumption by US$10 a barrel and to reducing reserves expectations for African assets, the?
Washington Might Compromise On Fuel Economy Standards Rollback
The Trump administration, which vowed to roll back Obama-era fuel economy standards to make cars more affordable might stop short of freezing these at 2020 levels, AP's Tom Krisher
Encana Shareholders Approve Move To U.S., Name Change
As many as 90 percent of Encana shareholders voted in favor of the company's proposed renaming and move to the United States as the company seeks to improve its access?
Texas Collects Record Amount Of Taxes From Oil & Gas
Amid record oil and gas production, the oil and natural gas industry in Texas paid a total of US$16.3 billion in local taxes and state royalties in fiscal year 2019?the?
Saudi Arabia Says It Slashed December Oil Production By 300,000 Bpd
OPEC's largest producer and de facto leader, Saudi Arabia, told the cartel that its December crude oil production dropped by nearly 300,000 bpd from November to 9.594 million bpd, a?
Uganda Sees $5 Billion Costs For Two Oilfield Developments ??
As Uganda's government is looking to resolve a tax dispute with oil majors over oilfields, it sees the development costs for the two fields to reach at least US$5 billion,?
Saudi Aramco Chairman: Oil Industry Should Think In Decades
Energy transitions ?take decades, even centuries? to complete, the chairman of the world's largest oil company, Saudi Aramco, said at a conference on Monday, adding that the industry should?
Wind, Solar To Dominate New U.S. Power Capacity This Year
Wind and solar power will dominate the electricity generation additions across the United States in 2020, accounting for an overwhelming 76 percent of all new capacity set to begin commercial?
Ontario Government Warns Residents of Nuclear Incident?Accidentally
The Canadian government sent out an incident alert for a nuclear plant near Toronto on Sunday, urging residents in the vicinity of the Pickering nuclear power plant to ask the?
Norway Awards 69 Oil Blocks To 28 Firms To Explore Mature Areas
Norway awarded on Tuesday 69 new production licenses to 28 companies to explore in areas next to mature developed production areas, securing further exploration on the Norwegian Continental Shelf,?
