Oilfield Run by US Firm Hit in Drone Attack in Iraqi Kurdistan, Sources Say
BAGHDAD, July 16 (Reuters) – A drone attack struck an oilfield operated by U.S. company Hunt Oil in the Iraqi Kurdish city of Dohuk on Wednesday, security sources said. It…
How Canada’s Oil Sands Transformed Into One of North America’s Lowest-Cost Plays
(July 16 – Reuters) – Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies including Imperial Oil and Suncor become some of North America’s…
Oil Prices Gain on Demand Expectations amid Improving Economy
(Reuters) – Oil prices rose on Wednesday on expectations of steady demand in the U.S. and China, the world’s two largest oil users, amid an improving economic outlook. Brent crude…
Ex-Pioneer CEO Cannot Challenge Order Barring Him From Exxon board, FTC Says
Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, cannot directly challenge a Biden-era order barring him from ExxonMobil’s board after its acquisition of Pioneer, the Federal Trade…
Venture Global Proposes Larger Expansion at Plaquemines LNG Facility, Filing Shows
Venture Global is already constructing the United States’ second-largest LNG plant in Plaquemines Parish, Louisiana, and on March 6, announced plans to expand the facility by an initial 18.6 mtpa.…
Oil Slips as Trump’s 50-Day Deadline for Russia Eases Supply Fears
By Potential sanctions on Russia could alter oil market outlook, ING analysts note China’s economic data supportive for prices despite global growth concerns NEW YORK, July 15 (Reuters) – Oil…
Four Injured After Fire at Chevron Pascagoula, Mississippi Refinery
July 15 (Reuters) – Four contract workers were injured after a fire at Chevron’s (CVX.N) 356,440 barrels-per-day (bpd) Pascagoula, Mississippi refinery on Monday, the company said in an email statement.…
Ford Promises a Parade of Affordable Electric Vehicles
The pickup giant will also pivot to hybrids and extended-range EV models, sustainability chief Bob Holycross says. By An electric Ford Explorer sports utility vehicle (SUV) on an assembly line…
SLB’s ChampionX Deal Clears Final Hurdle With UK Approval
(Reuters) – Britain’s antitrust watchdog has cleared oilfield services firm SLB’s $8 billion acquisition of ChampionX after accepting commitments to address competition concerns, with the deal set to close on…
Blackstone to Invest $25 bln in Data Centers and Natural Gas Plants, COO Says
(Reuters) – Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a…
