Tag Archives: APA

Top 5 Oil Stocks To Own For 2023

Baker Hughes Company (BKR Quick QuoteBKR ) has entered into an agreement with state-owned South Gas Company for developing a new project in Iraq, according to the oil ministry.

The agreement is meant for capturing 200 million cubic feet per day of flared gas that will be utilized for generating power. Baker Hughes will be constructing modular gas processing plants that will be involved in processing associated gas from Nasiriyah and Gharaf oil fields, located in the southern Dhi Qar province.

Per World Bank, with the burning of 17.37 billion cubic meters of gas in 2020, Iraq....More>>>

Top 10 Oil Stocks To Watch For 2023

By Joe Hoppe

United Oil & Gas PLC shares fell Monday after it said it has lowered its full-year production guidance for the Abu Sennan license in Egypt, as the proportion of water to oil increased in one field.

Shares at 0714 GMT were down 0.48 pence, or 14%, at 2.85 pence.

The oil-and-gas company said it has lowered full-year guidance for the license to a range of 2,100-2,300 barrels of oil equivalent per day, from 2,500-2700 barrels.

The company said the ASH field–one of seven on the license–has had an increased proportion of water to oil being....More>>>