Yahoo Finance LONDON – The prospect of Exxon Mobil or Chevron buying European majors has receded after the two leading U.S. oil companies announced major acquisitions focused on the Americas this month, investors said. Source: […]
World Oil (Bloomberg) – Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that U.S. sanctions have been relaxed. The surprise move on Oct. 18 allows international companies to apply […]
The total number of active drilling rigs in the United States rose by 2 this week after climbing by 3 last week, according to new data that Baker Hughes published Friday, as drillers continue to […]
(Bloomberg) – bp Plc is in talks to exit Senegal’s Yakaar-Teranga natural gas field, which would leave operatorship of the resource to Kosmos Energy Ltd. and increase the stake held by the state, according to […]
(Bloomberg) – Texas Attorney General Ken Paxton’s office said it’s reviewing whether 10 financial companies, including Bank of America Corp. and JPMorgan Chase & Co., violate a Republican-backed state law that punishes firms for restricting […]
Daily Standup Top Stories China’s Coal Power Binge Escalates: Over 300 More Plants On The Way October 16, 2023 Mariel Alumit China’s mad dash for coal power continues, even as Western governments tell their citizens to […]
After three and a half years, a tripling in the S&P 500 Energy Index, and many soon-to-be-forgotten culture-war volleys, the U.S. Department of Energy announced Oct. 12 that U.S. crude oil production had hit an all-time […]
Daily Standup Weekly Top Stories For Oil, It’s Not 1973 Again – But It Could Still Turn Ugly October 7, 2023 Allen Santos Exactly 60 years ago, the Yom Kippur War of 1973 (October 6 to […]
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico. Exxon Mobil announced on Wednesday that it […]
Daily Standup Top Stories Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next. October 9, 2023 Mariel Alumit Oil prices were climbing sharply on Monday in reaction to the attack on Israel by […]
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