U.S. oil boom vs Europe’s renewables focus? Big Oil’s gap widens — in words
Reuters NEW YORK/LONDON – Exxon and Chevron boasted to investors this week about booming U.S. oil production, illustrating how the gap has widened – at least in words – between top American oil and gas companies and their European rivals over efforts to transition to clean energy and fight climate change. World crude oil and natural gas production is running
Offshore Oil Stocks Being Sunk as Crude Hits a Multiyear Low
Offshore Oil Stocks Being Sunk as Crude Hits a Multiyear Low
Berkshire Hathaway Drops Canadian LNG Project
Berkshire Hathaway Drops Canadian LNG Project
Why High-Yield Energy Stocks Are Getting Pummeled Today
Why High-Yield Energy Stocks Are Getting Pummeled Today
These Oil Producers are Getting Smashed Today as Oil Prices Plummet
These Oil Producers are Getting Smashed Today as Oil Prices Plummet
Oil Price Plunges as Russia Refuses to Support OPEC Production Cut
Oil Price Plunges as Russia Refuses to Support OPEC Production Cut
Exxon, Shell face uphill legal battle over soured Nigerian deal
Houston Chronicle Oil majors including Exxon Mobil Corp. and Royal Dutch Shell Plc are facing uphill battles to convince U.S. courts to enforce multi-billion dollar arbitration awards they secured against Nigeria’s state oil company. The companies accused the Nigerian National Petroleum Corp. of taking more crude than it was entitled to under four deals that were signed in 1993 to
Putin signs 15-year plan to invest in Arctic with jobs, military upgrades
Putin signs 15-year plan to invest in Arctic with jobs, military upgrades
U.S. rig count increased by 3 this week, at 793
This week’s Baker Hughes rig count shows that U.S. had an increase of 3 over last week, resulting in a total count of 793 rigs. Canada had a decrease of 37 over last week, resulting in a total Canadian count of 203 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash, Haynesville and Permian regions
Oil prices plunge 8% after OPEC+ fails to agree on a massive production cut
CNBC Oil prices sank more than 8% to multi-year lows on Friday as OPEC’s allies rejected additional production cuts proposed by OPEC on Thursday. U.S. West Texas Intermediate crude slid more than 8.8% to a session low of $41.77, its lowest level since August 2016. International benchmark Brent crude slid more than 8.5%, or $4.29, to trade at $45.70 per barrel. At its
