US Supreme Court rejects bid by oil companies to toss Honolulu’s climate suit
US Supreme Court rejects oil firms' appeal to dismiss Honolulu's climate lawsuit accusing them of decades-long deception.
Oilfield service consolidation to increase under Trump, report says
Deals in the oilfield services sector in the first nine months of 2024 reached $19.7 billion.
DNO Strikes Oil in New Play Offshore Norway
Oslo, 2 December 2024 – DNO ASA, the Norwegian oil and gas operator, today announced an oil discovery in license PL1086 in which...
ConocoPhillips completes acquisition of Marathon Oil Corporation
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil...
Natural gas flares sparked two wildfires in North Dakota, state agency says
Natural gas flares at oil wells sparked two North Dakota wildfires earlier this fall, according to reports from the North Dakota Fire Marshal's...
Marathon Oil beats Q3 profit estimates on higher production
U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil.
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.
ConocoPhillips seeks to keep priority as creditor in Citgo auction
ConocoPhillips seeks to preserve top priority among Citgo creditors in share auction to recover $21.3B for Venezuela's debts.
US energy companies’ shares rise as Middle East crisis sparks supply fears
U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.
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.
