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Oil & Gas Trade
Chevron to Complete $53BN Hess Corp Acquisition
Chevron Corp is reportedly well positioned to grow its free cash flow by $6 billion to $8 billion by next year, and lower expenses by a couple billion dollars, …
Crude Oil
Looking for More Oil at Kuparuk River
Development at West Sak, the heavy oil accumulation at the Kuparuk field on Alaska's North Slope, is in the news a lot these days, but Kuparuk operator Cono…
Oil&Gas Drilling
Pioneer Energy Secures $27M From US DOE for Emission Reduction Projects
Pioneer Energy announced its selection by the US Department of Energy (DOE) for four grants collectively valued at $27m. Three of these awards aim to develop th…
Oil Price
Oil Prices Edge Down for Second Day Straight on Rising US Fuel Inventories
Oil prices declined for a second day on Thursday after large builds in fuel inventories in the US, the world's biggest oil user, though expectations for inc…
Oil Refinery
Exxon Signals Weaker Performance Across the Board to Hurt Q4 Profits
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.Exxon Mobil (XOM.N), opens new tab signaled on Tuesday that sh…
Oil Price
Oil Prices Extend Losses, Firmer Dollar and Supply Outlook Weigh
Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.Oil prices extended…
Oil & Gas Trade
US Gulf Coast Fuel Oil Imports Hit Record Low as Latam Deliveries Slow
A view of the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024.Fuel oil deliveries into America's largest refining …
Oil Price
Oil Prices Ease as Weak Economic Data Offsets Higher US Winter Storm Heating Demand
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices eased in volatile trade on Monday as some bearish economic news …
Oil Pipeline
Michigan Judge Allows Restart of Disputed Line 5 Oil Pipeline
Enbridge resumed pumping through the Midwest pipeline.
Oil Price
Pandemic, Low Oil Prices Cause Massive Drop in North Dakota State Revenue
Incoming oil and gas tax revenues for April, the latest month of data, were just $38 million — 81% below the Legislature's forecast.
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