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December 2, 2020

Lilis Energy announces closing of asset sale, expected effective date of its liquidating Chapter 11 Plan and suspension of SEC reporting- oil and gas 360

Lilis Energy announces closing of asset sale, expected effective date of its liquidating Chapter 11 Plan and suspension of SEC reporting

December 2, 2020

Oil and Gas 360 FORT WORTH, Texas, Dec. 02, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (OTC: LLEXQ) (the “Company”), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced the closing of the sale of substantially all of the assets of the Company and its filing subsidiaries to Ameredev Texas, LLC (“Ameredev”) pursuant to a previously disclosed Bankruptcy Court-approved purchase and sale

Fossil fuels in Japan's power mix should be less than half by 2030, lawmakers say-oil and gas 360

Fossil fuels in Japan’s power mix should be less than half by 2030, lawmakers say

December 2, 2020

Reuters TOKYO – Fossil fuels should account for less than half of Japan’s mix of power sources in 2030, a group of ruling party lawmakers proposed on Wednesday as Prime Minister Yoshihide Suga aims to cut the nation’s greenhouse gas emissions to net zero by 2050. That would be sharply down from the 75.8% that fossil fuels such as coal

Iran outlines budget, promises less reliance on oil amid U.S. sanctions- oil and gas 360

Iran outlines budget, promises less reliance on oil amid U.S. sanctions

December 2, 2020

Reuters DUBAI – Iran’s government presented a draft state budget of about $33.7 billion to parliament on Wednesday, promising less reliance on oil revenues and higher growth despite U.S. sanctions that have crippled the Islamic Republic’s economy, Iranian media reported. The value of the draft budget is set about 8,413 trillion rials, up 74% from last year’s figures in rial

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