The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction…
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.…
Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
The surprise departure of Bernard Looney presents an opportunity for the oil giant to again prioritize fossil fuels. Source link
With the shale boom’s end in sight, some companies are trying to impress Wall Street by eking out growth—and drilling…
Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential…
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping…
Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year…
Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records. Source link