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Arathy Somasekhar

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/file photo
BusinessNewsOil

ConocoPhillips in advanced talks to buy Marathon Oil, FT reports

Conoco-Marathon deal values the oil company at a little over $15bn, though negotiations could still falter, in latest consolidation of US market.

FILE PHOTO: A tug boat pushes an oil barge through New York Harbor in New York City, U.S., May 24, 2022.  REUTERS/Brendan McDermid/File Photo
BusinessFuelNewsOil

Oil flat as firming US gasoline demand offsets rate jitters

Oil prices rose about 1%, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for...

FILE PHOTO: U.S. President Donald Trump arrives to deliver remarks and sign an executive order on energy and infrastructure at the International Union of Operating Engineers International Training and Education Center in Crosby, Texas, U.S., April 10, 2019. REUTERS/Carlos Barria/File Photo
FuelInfrastructureNatural GasNewsOilPoliticsTransmission

Promising pipelines and fracking, Trump fundraises millions

Trump raised millions during a fundraising swing through Texas this week, promising he would back new pipelines and restore fracking.

Refinery workers walk inside the LyondellBasell oil refinery in Houston, Texas March 6, 2013. REUTERS/Donna Carson/File photo
AnalysisIn-DepthIndustryOil

Analysis: Heavy oil shortage spells higher cost for industry

Mexican export cuts and a rerouting of Canadian output are shrinking limited supplies of heavy crude in the Atlantic basin

FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
BusinessNewsOil

Shell earns $1 billion a year from US crude trading, court filing shows

In Texas court case brought by former employee, Shell earnings revealed for annual crude training in the United States.

FILE PHOTO: The headquarters of energy pipeline operator Enterprise Products Partners seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020.  REUTERS/Gary McWilliams/File Photo
BusinessFuelNewsOil

As shale oil gains slow, deepwater port struggles for customers

Regulatory delays, slowing production and high prices leave Texan shale oil port scrambling for business.

FILE PHOTO: The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS/File Photo
BusinessNewsOil

Oilfield firm SLB’s profit rises on international drilling demand

Strong oil and gas drilling demand in the Middle East and Africa helped offset weakness in North American activity

CourtsNewsOilPolitics

US court upholds license for Texas Gulf Coast deepwater oil-export facility

U.S. appeals court upheld federal approval for the proposed Enterprise Products Partners facility, saying it had met environmental review criteria.

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