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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
