Focus on Oil
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...
European stocks climb on energy boost; headed for weekly losses
European shares rose on energy stock gains but faced a weekly decline as U.S. election uncertainty fueled safe-haven asset demand.
‘Waiting in vain’: year on from pledge, world clings to fossil fuels
One year after COP28's fossil fuel pledge, nations push oil and gas expansions, drawing criticism ahead of COP29 climate talks.
World may be merely scratching the surface on the scope of climate-changing methane emissions
GHGSat found 20K super-emitters in 2023, showing rising methane emissions from oil, gas, mining, and waste.
Coterra Energy posts lower quarterly profit
U.S. oil and gas producer Coterra Energy posted a 22 per cent decline in third-quarter profit on Thursday, hurt by weak prices of...
Carlyle sells holding in Tunisia-focused Mazarine Energy to CEO
Carlyle exits Mazarine Energy, selling majority stake to CEO van Kersbergen for continued growth in Europe and Africa.
US oil output hits monthly record high in August, EIA says
US oil production rose 1.5 per cent in August to a monthly record high of 13.4 million bpd, the Energy Information Administration said.
Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago
The Canadian oil and gas company's profits took a $1 billion hit year-on-year.
ConocoPhillips reports Q3 profit beat, hikes production forecast
ConocoPhillips beats Q3 profit estimates, raises full-year output forecast, and increases buyback authorization by $20 billion.
Veren reports $277.2-million third-quarter profit, trims 2024 production guidance
CALGARY — Oil producer Veren Inc. saw its share price plunge by more than 14 per cent on Thursday, on news that the...
