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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
