(Repsol, 7.Sep.2023) — Repsol agreed to sell its oil and gas assets in Canada to Peyto for $468mn (approximately €433mn) as part of its ongoing portfolio management to focus activity on core regions. Highlights: The deal is part of Repsol’s ongoing portfolio reorganization to focus activity on core regions. The […]
Tag: RBC Capital Markets
Total To Continue Suriname Exploration
(Argus, 10.Mar.2021) — Total and Apache Corp. will continue their oil exploration program offshore of Suriname after ceasing drilling in one key test well upon facing “substantial pressure increases,” but only after they had already struck oil at shallower depths. The Total and Apache joint venture is attempting to turn […]
Bolton Exit Shifts Oil Market Outlook
(Bloomberg, Lucia Kassai and David Wethe, 10.Sep.2019) — The firing of U.S. National Security Advisor John Bolton gave oil markets some near-term supply comfort, while analysts were divided on whether the move will lead to a longer term softening in U.S. foreign policy toward Iran and Venezuela. Brent crude oil […]