Oil and Gas

  • Crude Oil
    Investors Suggest Big Oil Firms to Break Dividend Taboo As Debt Elevates

    Investors Suggest Big Oil Firms to Break Dividend Taboo As Debt Elevates

    The world’s most significant oil and gas companies should break a business taboo and consider reducing dividends, somewhat than taking on any extra debt to maintain payouts as they weather the fallout from the coronavirus pandemic, traders say. The top five so-called oil giants have avoided decreasing dividends for years to keep traders sweet and added a $25 billion collectively…

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  • News
    Texas Regulator List Down States Companies Responsible for Natural Gas Flaring

    Texas Regulator List Down States Companies Responsible for Natural Gas Flaring

    One of Texas’ oil and gas regulators Tuesday defended the state’s high rate of natural gas flaring; however, he named corporations that burned off the most gas and stated he would hold public conferences on the controversial practice. Flaring, or deliberately burning fuel produced alongside oil, has soared with a crude production in Texas; however, it can worsen climate change…

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  • Natural Gas
    Oil and Gas Reserves in US Hits High

    Oil and Gas Reserves in US Hits High

    Increased oil and natural gas costs in 2018 raised the proved reserves of oil and fuel in America to new all-time highs last year, the Energy Information Administration (EIA) stated in its new yearly report. Oil and natural gas reserves beat the earlier document from the previous year when rising costs and continued shale useful resource growth in 2017 helped…

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