Post Tagged with: "increases"
GRAPHIC-OPEC+ oil quota reform increases Gulf’s dominance
LONDON – Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at OPEC in recent years and presented it as a reward for countries that invest in their oil industry.
The …
Magnolia Oil & Gas increases quarterly dividend 15 percent
January 31, 2023- HOUSTON–(BUSINESS WIRE)–Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors has declared a cash dividend of $0.115 per share of Class A common stock, and a cash distribution …
Horizon Energy Global set to benefit as UK North Sea drilling activity increases amid European natural gas crisis
By: Larry Busnardo, EnerCom
The natural gas crisis unfolding in Europe appears to be intensifying as Russia has dialed back natural gas supplies to the region. European countries have been scrambling to determine how to meet …
OPEC members Saudi Arabia, Russia consider pausing oil production increases -WSJ
LONDON — A group of some of the world’s most powerful oil producers will hold a crucial meeting on Thursday to discuss reversing some of the output cuts it made last year.
OPEC and its non-OPEC partners, an energy