Andy O’Brien, The Insider Poised to Lead ConocoPhillips
(Reuters) – ConocoPhillips on Thursday named finance chief Andy O’Brien as CEO, succeeding Ryan Lance, who will transition to executive chair on September 1 after more than a decade leading…
Big Oil Is Bracing for Lower Prices — and Rightly So
By On Wall Street, money speaks louder than words. The way Big Oil is currently allocating dollars suggests the supermajors are, quietly, preparing for leaner times. It’s the right approach:…
ConocoPhillips Says Lance Retiring After 14 Years as CEO
By and ConocoPhillips announced that Ryan Lance will retire after 14 years as the top boss and be succeeded by his financial chief Andy O’Brien next month. Get the Latest…
Constellation Energy to Sell Gas Plant to LS Power, Raises Profit Forecast
By Constellation to sell Texas gas plant to LS Power for $860 million Company raises 2026 profit forecast Company beats Q2 profit estimates Aug 6 (Reuters) – Power company Constellation…
US is Set to Import Most Middle East Crude Since Iran War Began
By US imports of Middle Eastern crude to top 600,000 bpd in August, ship-tracking data shows At least 11 tankers loaded with Middle Eastern oil signal US ports Over 20…
RWE, Trump Administration Reach $1.22 Billion Agreement to Cancel Offshore Wind Leases
By RWE will shift investment to gas projects, including Louisiana LNG and US gas power plants Deal is Trump administration’s fifth offshore wind lease cancellation agreement this year RWE had…
Oil Gains as Investors Cautious Over Iran-Oman Talks
Summary Iran says deal with Oman on Strait of Hormuz is in final stages Houthi attacks on Saudi tanker renew supply tensions Saudi Arabia cuts Arab Light September OSP for…
WARNING: Iran Warns Gulf States: Tell Trump to Desist or We Hit You Hard
An Iranian missile system is displayed in Azadi Square in Tehran, Iran, July 30, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS Summary Iran warns Gulf states US strikes…
Cheniere Energy Reports Rise in Second-Quarter Profit on Increased LNG Demand
(Reuters) – Cheniere Energy reported a rise in second-quarter profit on Thursday, helped by increased demand for liquefied natural gas (LNG), sending its shares up 2% in premarket trading. The U.S.…
ConocoPhillips Completes $1.7 Bln Asset Sale, Hits Divestiture Target Early
(Reuters) – ConocoPhillips said on Thursday it has completed the sale of $1.7 billion of noncore Lower 48 assets in July, helping the U.S. oil producer reach its $5 billion asset…
