Parex Resources Announces Operational and Guidance Update, and Chief Financial Officer Transition
CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) provides an update on its current...
BP-Iraq deal on Kirkuk fields to use profit-sharing model
Iraq and BP have signed a preliminary deal to develop Kirkuk's oil fields on a profit-sharing basis, marking BP's return after five years.
Occidental Announces Continued Progress on Debt Reduction and Divestiture Initiatives
Achieved $3 billion in principal debt reduction in the third quarter of 2024Public offering of a portion of Occidental’s common units of Western...
Birchcliff Energy Ltd. Announces Q2 2024 Results, Strong Well Results and Declaration of Q3 2024 Dividend
CALGARY, Alberta, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce its Q2...
US shale companies produce more crude using fewer rigs
Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according to the numbers.
Oil tumbles on easing fears of wider Middle East war
Oil prices dipped on Tuesday after five straight sessions of gains, with OPEC moving to cut its forecast for demand growth in 2024.
Occidental Announces Launch of Secondary Offering
HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the launch of an underwritten secondary public offering of 29,560,619 shares...
