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Carbon Capture
Blackrock to Invest $550 Mln in Occidental's Carbon Capture Project
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…
Oil&Gas Drilling
US Oil Output Hits Record as Producers Boost Drilling Efficiency
A drilling rig operates in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, …
Oil & Gas Trade
Chevron to Buy Hess Corp for $53 Billion in All-Stock Deal
Chevron (CVX.N) has agreed to buy Hess (HES.N) for $53 billion in stock to gain a bigger U.S. oil footprint and a stake in rival Exxon Mobil's (XOM.N) massi…
Oil & Gas Trade
Exxon Secures Lead in Top US Oilfield With $60 Billion Buy of Shale Rival Pioneer
Exxon Mobil (XOM.N) agreed to buy U.S. rival Pioneer Natural Resources (PXD.N) in an all-stock deal valued at $59.5 billion that would make it the biggest produ…
Oil & Gas Trade
Exxon Mobil Reportedly Nearing $60B Megadeal to Buy Pioneer Natural Resources
Exxon Mobil Corp. is reportedly on the brink of securing a purchase deal with Pioneer Natural Resources Co. an acquisition that could be worth approximately $60…
Carbon Storage
SK Capital Buys US Environmental Services Firm Pivoting to Carbon Storage
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo …
Oil & Gas Trade
Chevron Buys World's Biggest Hydrogen Storage Plant in Utah
Government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby …
Carbon Capture
Occidental Buys Carbon Air Capture Tech Firm for $1.1 Billion
The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…
Oil & Gas Trade
Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major look…
Oil & Gas Trade
Energy Workforce & Technology Council: Oilfield Services Employment Highest Since March 2020
(WO) — Employment in the U.S. oilfield services and equipment sector rose by an estimated 3,069 jobs to 652,090 in January, according to preliminary data from …
Energy Investment
U.S. Oil Majors Focus On Cost Discipline in Spending Plans
As Exxon and Chevron focus more on shareholder returns and less on speculative spending, they are both reining in investments in large international oil project…
Natural Gas
U.S. Oil & Gas President Says Group Production Boost Will Keep Gas Prices Steady, Defying Biden
Rather than work to boost domestic production, President Joe Biden opted to repeatedly release millions of barrels of oil from the Strategic Petroleum Reserve t…
Natural Gas
Storm Cuts U.S. Oil, Gas, Power Output, Sending Prices Higher
A driver makes their way through a flooded street at high tide during a winter storm in Gloucester, Massachusetts, U.S., December 23, 2022. REUTERS/Brian Snyder…
Crude Oil
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h…
Guyana
Exxon Makes More Oil and Gas Discoveries Offshore Guyana
U.S. oil and gas major Exxon Mobil has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block of…
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