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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
