Chevron Announces Sale of Majority Interest in its East Texas Gas Assets
HOUSTON–(BUSINESS WIRE) – Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (“Chevron”) (NYSE: CVX), announced that it has closed on a transaction to sell a 70% interest in its East…
Washington Tells Repsol its License in Venezuela to be Revoked
President Donald Trump’s administration told Repsol it had until May 27 to wind down its operations in the Southern American country, the spokesperson added. Oil companies Maurel et Prom from…
Trump’s Russia Oil Tariff Threat Depends on China, India Reaction: Russell
(Reuters) – U.S. President Donald Trump’s threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy and bold enough to perhaps achieve…
Sempra to Sell Assets as Utilities Raise Money for AI Boom
Sempra plans to sell some natural gas assets, including a Mexican fuel distributor and a minority stake in its liquefied natural gas business, to “simplify the company’s portfolio” and support…
Why Trump’s ‘Drill, Baby, Drill’ Is Not as Easy as It Seems
Increases in production directly lower prices if demand isn’t growing at the same pace, and falling oil prices threaten oil companies’ ability to turn even a modest profit.Source: Bloomberg President Donald…
Oil Steadies as Market Weighs Tariffs, Sanctions
Summary • Market weighs near-term supply risks, tariff concerns• Reuters poll indicates lower U.S. crude inventories (Reuters) – Oil prices steadied near five-week highs on Tuesday as threats by U.S.…
US Oil Production Fell to an 11-Month Low in January, EIA Data Shows
(Reuters) – U.S. crude oil production fell by 305,000 barrels per day to 13.15 million bpd in January, the lowest level since February 2024, data from the U.S. Energy Information…
Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline
(Reuters) – Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt,…
Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline, Sources Say
(Reuters) – Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt,…
Trump’s Russia Oil Tariff Threat Depends on China, India Reaction: Russell
(Reuters) – U.S. President Donald Trump’s threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy and bold enough to perhaps achieve…
