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.
Texas approves plan to boost oil and gas drillers’ power grid access
Texas has approved a $15B plan to expand power grid infrastructure in the Permian Basin, vital for rising oilfield energy demands.
Energy execs say they believe VP Kamala Harris is indeed open to fracking
Top natural gas executives say they trust Kamala Harris's pledge to keep fracking, citing energy price concerns.
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Announces Acquisition
MIDLAND, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG)...
In arid New Mexico, rural towns eye treated oil wastewater as a solution to drought
New Mexico politicians hope that new technology will allow oil wastewater treatment to provide a lifeline for agriculture and other businesses.
Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal
Marathon Oil shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips, the company said.
Marathon Oil misses profit estimates on weak natural gas prices
Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.
Exxon delivers $9.2 billion second-quarter profit, raises output target
Rising oil prices and a boost from buying Pioneer lead Exxon Mobil to bumper Q2 profits.
