U.S. & International

Equinor, partners proceed with $9 billion Brazil gas investment

Monday, May 8, 2023, 2:51 PM MDT

Equinor ASA and its partners — Repsol Sinopec Brasil and Petrobras — are moving forward with plans to invest about…

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Shale-oil drilling is getting cheaper as demand outlook weakens

Friday, May 5, 2023, 6:26 AM MDT

The cost of drilling for shale oil is dropping for the first time in about two years as demand for…

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Arctic oil drilling plans revived in Norway as priorities change

Wednesday, May 3, 2023, 3:51 PM MDT

Norway’s biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries…

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Pemex posts first profit since early 2022 amid higher output

Wednesday, May 3, 2023, 3:44 PM MDT

Petroleos Mexicanos reported a $3.2 billion profit amid a rise in crude and condensate production, even as its debt continued…

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Texas Republicans push wind law developers call industry killer

Monday, May 1, 2023, 11:11 AM MDT

Green-energy developers are pushing back against a Texas bill that would make it harder to build new wind farms in…

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Chevron CEO says Venezuela oil output could rise 50% this year

Monday, May 1, 2023, 6:25 AM MDT

Chevron Corporation’s oil production in Venezuela has reached 100,000 bbls/d and could rise 50 per cent this year, CEO Mike…

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US-EU critical minerals deal would give EU broader trade relief

Friday, April 28, 2023, 6:44 AM MDT

An agreement between the US and the European Union over critical minerals would unlock wider benefits than previously thought, with…

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PetroChina profits grow as Covid rebound boosts oil demand

Friday, April 28, 2023, 6:32 AM MDT

PetroChina Co. surprised with higher first-quarter earnings as China’s economic recovery bolsters oil demand even as crude prices fell. Net…

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Exxon blows out expectations as oil output climbs from new wells

Friday, April 28, 2023, 6:21 AM MDT

Exxon Mobil Corp. posted its strongest-ever start to a year as oil production soars from new wells in the US…

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Pioneer CEO will retire and be replaced by COO

Thursday, April 27, 2023, 7:19 AM MDT

Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield, an architect of the shale boom that made the US an…

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Suncor to buy TotalEnergies' Canadian assets

Thursday, April 27, 2023, 6:57 AM MDT

French company TotalEnergies says it has signed a deal to sell its Canadian operations to Suncor Energy Inc. in an…

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Wisconsin's only oil refinery to reopen after 2018 explosion

Wednesday, April 26, 2023, 1:59 PM MDT

Wisconsin's only oil refinery is on track to be fully operational in June after a $1.2 billion effort to rebuild the…

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