(Bloomberg) — Chevron Corp. agreed to sell stakes in oil sands and shale assets in Western Canada to Canadian Natural Resources Ltd. for $6.5 billion. The deal relates to Chevron’s 20% interest in the Athabasca […]
According to a statement by Uniper, the two firms have extended their long-term gas partnership for the supply of up to 10 billion cubic meters of natural gas over the next 10 years. Under the […]
US energy giant ConocoPhillips has signed a deal to book long-term capacity at the Fluxys-operated Zeebrugge LNG import terminal in Belgium. ConocoPhillips revealed the signing of this strategic LNG agreement and another deal in a […]
(Bloomberg) – ConocoPhillips sued to block a Biden administration ban on drilling across nearly half the National Petroleum Reserve in Alaska, claiming the measure violates a federal law that compels oil development there. The lawsuit […]
The court officer who oversees the auction of Venezuela’s PDV Holding, the parent company of refiner Citgo Petroleum, has asked a Delaware court to postpone the hearing on the winning bids by two months until […]
Daily Standup Top Stories U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC June 3, 2024 Mariel Alumit The U.S. House of Representatives voted largely along party lines to prevent the Federal Reserve from […]
The key driver of the industry now is returning more to shareholders and preparing for inventory stacked up for years of production ahead. Last week, the U.S. oil industry saw its latest announcement of a […]
US energy firm ConocoPhillips is looking to sign more LNG offtake deals and to secure additional regasification capacities, as it continues to expand its LNG portfolio, according to its management. ConocoPhillips CEO Ryan Lance and […]
Lawsuits targeting fossil fuel companies over climate damage have increased, with allegations ranging from violations of state laws to demands for reparations and criminal charges. Indigenous communities worldwide have achieved victories in halting oil and […]
Reported first-quarter 2024 earnings per share of $2.15 and adjusted earnings per share of $2.03. Generated cash provided by operating activities of $5.0 billion and cash from operations (CFO) of $5.1 billion. Declared ordinary dividend […]
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