Venezuela is returning to the geopolitical stage after months out of the limelight. President Nicolas Maduro’s government and his political opponents are preparing to restart negotiations to establish credible conditions for state and local elections […]
PORTLAND, Texas — That $7 billion Exxon plant under construction in Portland, Texas, is fast approaching completion. 3News got an exclusive tour of that facility Monday as crews there work to finish this huge plastics […]
All we can say here at ENB is wow. ESG is here to stay, get on board are get left behind! Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil […]
The energy transition represents $14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil demand may continue to grow for another decade or more. On the other hand, if […]
U.S. energy firms added oil and natural gas rigs for a second week in a row as higher oil prices prompted some drillers to return to the wellpad. The oil and gas rig count, an […]
HOUSTON–(BUSINESS WIRE)–ConocoPhillips (NYSE: COP) today reported first-quarter 2021 earnings of $1.0 billion, or $0.75 per share, compared with a first-quarter 2020 loss of $1.7 billion, or ($1.60) per share. Excluding special items, first-quarter 2021 adjusted […]
FORT WORTH, Texas, May 04, 2021 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today the amendment and expansion of its Senior Credit Facility led by JPMorgan […]
HOUSTON (Reuters) – Chevron Corp is offering to sell about 73,000 acres (29,540 hectares) of oil and gas properties in New Mexico, according to documents viewed by Reuters, as oil firms accelerate divestitures in a […]
MIDLAND, Texas, May 03, 2021 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the first quarter ended March 31, 2021. FIRST QUARTER 2021 HIGHLIGHTS Previously […]
Exxon Mobil Corp (XOM.N) and the United Steelworkers union (USW) have agreed to an orderly transfer of the company’s Beaumont, Texas, refinery to temporary workers if a threatened lockout begins on Saturday, according to people familiar with […]
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