U.S. & International

​Exxon, Chevron earnings gutted by virus-driven demand slump

Friday, July 31, 2020, 7:14 AM MDT

Exxon Mobil Corporation and Chevron Corporation posted the worst losses in a generation after the pandemic and a global crude…

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Latest casualty of shale's collapse is oil producer Denbury

Thursday, July 30, 2020, 6:35 PM MDT

Denbury Resources Inc. became the latest debt-laden oil producer to seek bankruptcy protection in the aftermath of a pandemic-fuelled plunge…

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​Oil trading bonanza saves the quarter for Shell and Total

Thursday, July 30, 2020, 7:02 AM MDT

The secretive oil-trading businesses of Royal Dutch Shell plc and Total SE saved both European majors from posting losses in…

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​​Shale drillers signal bleak 2020 while Trump champions oil patch

Thursday, July 30, 2020, 6:10 AM MDT

Three shale explorers signalled a grim rest of 2020 for the U.S. oil patch just hours after President Donald Trump…

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​Occidental discusses $4.5 billion asset sale to Pertamina

Wednesday, July 29, 2020, 6:38 AM MDT

Occidental Petroleum Corp. is in talks about a potential sale of energy assets in Africa and the Middle East to…

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​Power blackouts could tip Iraq’s protesters over the edge

Wednesday, July 29, 2020, 6:23 AM MDT

Chronic power outages combined with low oil prices threaten Iraq’s political stability, and OPEC’s second-biggest producer must act fast to…

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​Canada in talks with U.S. on pipelines, O’Regan tells Globe

Monday, July 27, 2020, 6:30 AM MDT

Canada’s Natural Resources Minister Seamus O’Regan said he’s in talks with the U.S. Secretary of Energy Dan Brouillette about finding…

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​Permian oil driller Rosehill files for bankruptcy protection

Monday, July 27, 2020, 6:19 AM MDT

Rosehill Resources Inc. filed for bankruptcy protection after a plunge in oil prices forced the Permian shale explorer to seek…

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​Reliance overtakes Exxon to become world’s No. 2 energy firm

Monday, July 27, 2020, 6:16 AM MDT

Reliance Industries Ltd. toppled Exxon Mobil Corpration to become the world’s largest energy company after Saudi Aramco, as investors piled…

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Oil major Repsol expands renewables outside Spain with Chile JV

Friday, July 24, 2020, 6:03 AM MDT

Spanish oil producer Repsol SA will enter the renewable market in Chile through a joint venture to develop solar and…

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​Enbridge dodging responsibility for potential spill – U.S. governor

Wednesday, July 22, 2020, 4:24 PM MDT

Michigan Gov. Gretchen Whitmer criticized Enbridge Inc. on Wednesday for what she described as the company's refusal to make an…

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​Big Oil’s worst-ever loss puts historic BP dividend cut in play

Wednesday, July 22, 2020, 6:34 AM MDT

For the first time since the West’s five energy supermajors were created in the early 2000s, all of them are…

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