Gary McWilliams
Exxon’s $8.6 billion profit beats as volume offsets price weakness
Exxon's Q3 profit surpasses forecast, aided by Pioneer acquisition-driven shale gains and cost controls, despite a five per cent YoY dip amid weaker...
Citgo share auction creditors oppose terms of Elliott-affiliate’s bid
Creditors criticize Elliott's $7.3B Citgo bid, claiming it won’t cover Venezuela’s $21.3B debt from expropriations.
US Gulf Coast residents flee, oil production shut as Francine intensifies
Energy companies began evacuating offshore workers and shut-in output at several production platforms ahead of the storm.
Citgo auction pits Icahn-backed oil refiner, creditor group
Icahn and creditors battle in final bids for Citgo, aiming to claim stakes in $21.3B Venezuelan debt auction.
US oil and gas mergers continue at furious pace in Q2, says Enverus
Blockbuster has and oil mergers companies are continuing well into Q2 this year with $30bn in tie-up deals for fossil fuel giants.
Complex bids could extend Citgo auction evaluation, sources say
The court-organized auction of the seventh-largest U.S. oil refiner aims to satisfy up to $21.3 billion in claims against Venezuela.
Glass Lewis urges Hess shareholders accept Chevron offer
Hess shareholders should vote in favor of Chevron's $53bn all-stock offer at the oil company's May 28 meeting, proxy adviser Glass Lewis said
Citgo Petroleum reports first quarter profit of $410 million
The Venezuela-owned company said its throughput rose to 830,000 barrels per day, the third highest in its history, up from 814,000 bpd in...
