Post Tagged with: "jump"

Source: World Oil

Permian oil drilling rights jump to pre-COVID levels amidst mega shale deals

World Oil


(Bloomberg) – Drilling rights in the U.S. Permian basin are commanding prices not seen since the worldwide pandemic crushed oil markets more than four years ago. Occidental Petroleum Corp.’s $10.8 billion takeover of CrownRock LP equates to more …

Source: CNBC

Oil major BP boosts dividend as quarterly profits jump on high commodity prices

CNBC


Publisher’s Note: BPX Energy will be the lunch keynote on Monday, August 8, 2022 at EnerCom Denver- The Energy Investment Conference. Please register and schedule your one-on-one meetings with presenters at  EnerCom Denver.

LONDON — U.K. oil giant …