Oil industry unlikely to rush to Alaska despite Trump’s call to drill
By Sheila Dang and Valerie Volcovici HOUSTON/WASHINGTON (Reuters) – U.S. oil and gas companies are unlikely to expand development in Alaska and the...
ConocoPhillips takes over as sole operator of gas project in Malaysia, Petronas says
(Reuters) – Malaysia’s Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in...
Trump’s climate withdrawal creates rare discord with Big Oil
U.S. oil and gas producers welcome Trump's push for domestic energy but fear exiting climate deals could hurt global clean energy investments.
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.
