Saturday, January 11, 2025

Exxon Crashes, Chevron Crushes on a Mixed Day For Big Oil

From Bloomberg Chevron result took full advantage of crude’s price rally Exxon, in rebuilding mode, misses estimates on production Chevron Beats Estimates, Exxon Mobil Falls Short For the biggest U.S. oil explorers, the first quarter was a study in contrasts: Chevron Corp. beat every analyst estimate, while larger rival Exxon Mobil Corp. fell short on both production and profit. The performances underscore the challenges

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020 - Oil & Gas 360

Colorado Court Kills Thornton Buffer and Pipeline Rules

Battleground is for local control of oil and gas activity over state regulation From the Denver Post COGA and API industry groups that filed lawsuit hail ruling as warning “guide” for other Front Range communities to follow A state judge has rejected Thornton’s rules requiring 750-foot buffers and pipeline safety to protect residents from intensifying oil and gas activity inside its boundaries

Quantifying the Effects of Canada’s Takeaway Trouble

Canada’s PSAC Cuts Canadian Drilling Activity Forecast for 2018 Without adequate pipeline capacity or forthcoming export projects for Canada’s crude oil and natural gas, there is a tough energy economy in Canada that is going to be taking an economic toll on oil and gas development activity. Canada is besieged by pipeline turmoil between provinces on top of the withdrawal of

OPEC Cuts Will Bring Crude Oil into Balance in 2017: UBS

Venezuela Faces Heavy Bill as Grace Period Lapses on China Loans

From Reuters A grace period on Chinese loans to Venezuela has lapsed, according to two Venezuelan sources with knowledge of the matter, potentially depriving the cash-strapped OPEC nation of billions of dollars in desperately needed oil revenue this year. China eased the payment terms two years ago on some $19 billion in oil-for-loan deals, under which Venezuela sends shipments of