European oil giants step back from renewables path
European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.
Trump pick Rubio could harden oil sanctions on Iran, Venezuela
Trump’s appointment of Rubio as secretary of state signals stricter oil sanctions on Iran and Venezuela, tempered by China concerns.
Venezuela’s oil exports hit a 4-year peak on higher output, sales to US, India
Venezuela’s oil exports surged to a four-year high in October, reaching 950,000 bpd, driven by rising output and exports to India.
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...
Chevron CEO under pressure to halt share slide as Hess deal stalls
After years of outperforming rivals, Chevron and its CEO are now under pressure as the company's Hess purchase stalls.
US sets new safety measures as deep sea oil drillers test new depths
New BSEE rules for ultra-high pressure offshore drilling follow Chevron's breakthrough Anchor project, enhancing safety standards for high-stakes operations.
Marketbridge Celebrates Client Success with Major Wins at MUSE Creative Awards and TITAN Business Awards
BETHESDA, Md.--(BUSINESS WIRE)--Marketbridge today announced 16 wins across two awards programs, including five MUSE Creative Awards and 11 TITAN Business Awards. The accolades...
APA Corporation Appoints Kenneth Fisher to Board of Directors
HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced the appointment of Kenneth M. Fisher to its board of...
Canadian Natural Resources to take over more space on the Trans Mountain pipeline: Bloomberg News
The recently expanded Trans Mountain pipeline has capacity to ship 890,000 bpd of crude from Alberta's oil sands to the Port of Vancouver.
US Supreme Court allows rule limiting pollution from coal-fired power plants to remain in effect
The rule requires many coal-fired power plants to capture 90 per cent of their carbon emissions or shut down within eight years.
