U.S. & International


Chevron to buy back $75 billion in stock after record profit

Thursday, January 26, 2023, 7:09 AM MST

Chevron Corp. plans to buy back $75 billion of shares and increase dividend payouts after a year of record profits…

Read Article


Canadian oil flows to Asia surge after US refinery disruptions

Thursday, January 26, 2023, 6:57 AM MST

Canadian crude shipments to Asia are set to surge to the highest in more than a year as US refinery…

Read Article


Big Oil faces headwinds after record $199 billion profit haul

Thursday, January 26, 2023, 6:54 AM MST

Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc reaped almost $200 billion collectively last year but…

Read Article


Halliburton aims to pay out half of free cash flow to investors

Wednesday, January 25, 2023, 6:51 AM MST

Halliburton Co. plans to return half its annual free cash flow to shareholders as the world’s biggest provider of fracking…

Read Article


Matador to buy advance energy for $1.6 billion to add Permian assets

Wednesday, January 25, 2023, 6:35 AM MST

Consolidation in the Texas oil patch is gaining momentum this week after Matador Resources Co. agreed to acquire Advance Energy…

Read Article


Germany sees brighter outlook for Europe’s largest economy

Wednesday, January 25, 2023, 6:18 AM MST

The German government on Wednesday said it expects to eke out economic growth this year instead of a decline as…

Read Article


Germany to quash recession fears with 2023 growth forecast

Tuesday, January 24, 2023, 6:52 AM MST

The German government expects Europe’s biggest economy to grow by 0.2 per cent this year instead of the 0.4 per…

Read Article


Centrica buys old gas plant to turn it into green energy site

Tuesday, January 24, 2023, 6:40 AM MST

Centrica Plc, the UK’s biggest household energy supplier, plans to turn an idled gas-fired power station into a renewables hub…

Read Article


US to boost pressure on China to stop importing Iran oil, envoy says

Tuesday, January 24, 2023, 6:35 AM MST

The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to…

Read Article


OPEC+ delegates expect committee to recommend steady output

Tuesday, January 24, 2023, 6:25 AM MST

OPEC+ delegates said they expect an advisory committee of ministers to recommend keeping oil production levels unchanged when they meet…

Read Article


Oil outages in Canada disrupt flows to US, global markets

Monday, January 23, 2023, 6:49 AM MST

A flurry of outages across western Canada’s oil patch have disrupted petroleum flows to the US and global markets.  Two…

Read Article


US, Allies agree to review Russian crude price cap in March

Monday, January 23, 2023, 6:32 AM MST

Officials from the US and allied nations agreed to undertake a review of the level of the Russian crude price…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.