Focus on Oil
Oil dips on concerns about demand, U.S stockpiles data awaited
Oil prices eased after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand.
Chevron shareholders re-elect all directors, CEO confident on Hess deal
Chevron shareholders rejected all four proposals brought forward by investors, with 98% voting against reporting about the risks from voluntary carbon-reduction commitments and...
Shell, Exxon near deal to sell North Sea assets to Viaro, sources say
The sale of the Clipper and Leman Alpha field clusters would mark the latest step in a steady retreat of major oil and...
ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debt
ConocoPhillips buys Marathon Oil in latest consolidation of US oil market.
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.
Key Manitoba pipeline partially fixed as repairs continue, province says
The Manitoba government says Imperial Oil has safely restored service to one of two fuel lines that were shut down in March due...
Hess shareholders sign off on $53 billion sale to Chevron
Hess shareholders on Tuesday approved the company's $53 billion merger with No. 2 U.S. oil company Chevron, according to preliminary results of the...
Corporate climate plan verifier tightens rules for banks, asset managers
The Science Based Targets initiative (SBTi), a voluntary organisation which assesses corporate climate action plans, says it will now ask for more ambition...
Analysis: China is back in Africa and doubling down on minerals
China's flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus.
