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March 26-28,2025

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Industry News
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17 2019-04

Wildcatter Floyd Wilson launches Falconer Oil and Gas Corp.

HOUSTON (Bloomberg) -- Legendary wildcatter Floyd Wilson is back with his ninth or tenth oil company, after his departure from Halcon Resources Corp. Falconer Oil and Gas Corp., a Houston-ba.........

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16 2019-04

Oil retreats after longest run of weekly gains in three years

LONDON (Bloomberg) -- Oil retreated in New York after its longest run of weekly gains in three years, as traders and investors awaited more clarity on the strength of the global economy and .........

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15 2019-04

Iran offers up 6 MMbbl of oil with dismal results

DUBAI (Bloomberg) -- As Iran struggles to sell 6 MMbbl of oil, only one deal has closed for 35,000 bbls, so far. Irans oil production and exports have slumped after the U.S. reinstated sanct.........

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12 2019-04

Permian's flaring rises by 85% as oil boom continues

HOUSTON (Bloomberg) -- The Permian Basin has produced so much natural gas that by the end of 2018 producers were burning off more than enough of the fuel to meet residential demand across Te.........

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11 2019-04

Milestone receives oilfield waste landfill permit in Permian Basin

HOUSTON and MIDLAND -- Milestone Environmental Services (Milestone), an oilfield waste disposal services company, has announced that the Railroad Commission of Texas (RRC) has approved the c.........

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10 2019-04

Goldman draws inferences from 1990s to predict oil’s future

SINGAPORE (Bloomberg) -- The future of the oil market may resemble the past―specifically the 1990s― according to Goldman Sachs Group. Thats when prices remained steadily in backwardation, a .........

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09 2019-04

As conflict escalates in Libya, so do global oil prices

WASHINGTON (Bloomberg Opinion) -- Libya is heading towards mass chaos that puts oil output and exports at risk, just as its oil sector looked set to stage a recovery. A disruption to supplie.........

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08 2019-04

Jordan to negotiate $1 billion debt-reduction loan, oil from Iraq to help boost economy

AMMAN (Bloomberg) -- Jordan and the World bank are in $1-billion loan discussions to cut the cost of the Middle East countrys debt repayments and revive an economy strained by more than a mi.........

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04 2019-04

Colorado oil industry gets overhaul by regulators

DENVER (Bloomberg) -- Colorados legislature passed a sweeping overhaul of the states oil and natural gas laws, giving local governments more power to regulate drilling in one of the nations .........

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03 2019-04

Canadian Wildcatters see boost from oil cuts

CALGARY (Bloomberg) -- Local wildcatters that pump light crude far from the giant oil-sands mines of northern Alberta are getting a big price boost from the curtailments announced at the sta.........

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01 2019-04

Texas oil production fell in January as pipeline bottlenecks prompted cut backs

WASHINGTON (Bloomberg) -- The decline pushed overall U.S. production lower by 90,000 bopd, marking the first national drop since May, according to revised data from the Energy Information Ad.........

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26 2019-03

Ivory Coast to conclude licensing of six oil blocks by midyear

ABIDJAN and JOHANNESBURG (Bloomberg) -- Ivory Coast plans to conclude the licensing of six oil blocks by June as the country seeks to increase crude output amid rising interest from supermaj.........

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25 2019-03

Pemex could receive $7 billion to pay ballooning debt

MEXICO CITY (Bloomberg) -- Bankers in Guayaberas huddled in Acapulco to roll out a new online payment system and to pledge financial inclusion. But all anyone could talk about in the corrido.........

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22 2019-03

Murphy Oil signs $2.13-billion Malaysian divestiture deal

EL DORADO, Ark. -- Murphy Oil Corporation has announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsi.........

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21 2019-03

Greenland Gas & Oil gets new license, provides Jameson update

LONDON -- Greenland Gas Oil Limited (GGO or the Company) is pleased to confirm the award of a new license and extension of existing licenses, as well as provide details of upcoming operation.........

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