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The FTC approved ExxonMobil's acquisition of Pioneer Natural Resources, but stipulated that Scott Sheffield, ex-CEO of Pioneer, would not join ExxonMobil's board of directors. This condition underlines the regulatory complications in a fast-changing energy market.
The FTC approved ExxonMobil's acquisition of Pioneer Natural Resources, but stipulated that Scott Sheffield, ex-CEO of Pioneer, would not join ExxonMobil's board of directors. This condition underlines the regulatory complications in a fast-changing energy market.
The Polish National Prosecutor's Office has launched an investigation into the Orlen oil group, following allegations of an executive's links with Hezbollah and massive financial losses.
The Polish National Prosecutor's Office has launched an investigation into the Orlen oil group, following allegations of an executive's links with Hezbollah and massive financial losses.
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
Saudi Aramco CEO Amin Nasser stresses the crucial role of the global South in future hydrocarbon demand, and calls for balanced investment between renewables and fossil fuels.
U.S. commercial crude oil inventories rose unexpectedly last week, following an almost equivalent decline the week before, according to the U.S. Energy Information Agency (EIA).
U.S. commercial crude oil inventories rose unexpectedly last week, following an almost equivalent decline the week before, according to the U.S. Energy Information Agency (EIA).
The Trans Mountain pipeline, which will significantly increase Canada's oil transport capacity, is finally operational, sparking debate and controversy.
The Trans Mountain pipeline, which will significantly increase Canada's oil transport capacity, is finally operational, sparking debate and controversy.
Petrofac plummets in London, announcing a delay and suspension of trading.
Petrofac plummets in London, announcing a delay and suspension of trading.
TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Subsea7 awarded contract to develop the Sunspear oil field in the Gulf of Mexico.
Subsea7 awarded contract to develop the Sunspear oil field in the Gulf of Mexico.
In March, China saw its exports of clean petroleum products rise sharply, reaching a 14-month high after the Lunar New Year vacation.
In March, China saw its exports of clean petroleum products rise sharply, reaching a 14-month high after the Lunar New Year vacation.