Oil price, President, Eco (Atlantic). And finally…

Oil was even last week but slightly down this morning ahead of the Opec+ JMMC two day meeting tomorrow. President has announced an exciting drilling programme starting next month with workovers and wells targeting meaningful oil and gas. Eco has announced results but the situation is very strong and they have lots of upside in both Guyana and Namibia.

The ...

Commodity Tracker: 5 charts to watch this week

Revisions of future oil and gas price assumptions by oil majors are in focus this week, along with the outlook for European power demand and sales on Gazprom’s ESP platform. In Asia, we take a look at South Korean refiners’ crude preferences and the prospects for commodity demand in China.

1. Oil majors rethink future price decks over pandemic squeeze

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Source: Platts - The Barrel Blog News Feed

Fringe Activists Seek To Ban Oil And Natural Gas With No Realistic Replacement Plans

Fringe environmental activists in Colorado and across the country continuously attempt to delay or stop completely oil and natural gas development and its related infrastructure, despite not having realistic plans to meet growing energy demand.

It’s a repetitive cycle of tactics that includes pushing ill-conceived policies and then suing anyone who stands in their way regardless of what the cost ...

Source: Energy In Depth

Obsidian Energy provides additional details to proposed long term incentive plan amendments

CALGARY – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy“, the “Company“, “we“, “us” or “our“) is providing additional details to the proposed Long Term Incentive (“LTI“) plan amendments to be voted on by shareholders at the July 30, 2020 Annual General Meeting (the “AGM“).  The Company’s LTI plan amendments are to the Restricted & Performance [Read more]

Source: BOE Report