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Exxon eyes potential purchase of shale driller Pioneer -WSJ

Posted by Daniel Barton
|Date: April 08, 2023
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Exxon eyes potential purchase of shale driller Pioneer -WSJ

Exxon Mobil Corp has held preliminary talks with Pioneer Natural Resources Co about a possible acquisitio ...

Exxon Mobil Corp has held preliminary talks with Pioneer Natural Resources Co about a possible acquisition of the U.S. fracking company, the Wall Street Journal reported on Friday, citing people famil ...

April 08, 2023
| by Daniel Barton

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White House blasts Exxon over historical $56 bln annual profit

Posted by Daniel Barton
|Date: February 01, 2023
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White House blasts Exxon over historical $56 bln annual profit

The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp’s record net profit in 2022 o ...

The White House on Tuesday expressed outrage on Tuesday at Exxon Mobil Corp’s record net profit in 2022 of $56 billion, a historical high not just for the company but for the entire Western oil indust ...

February 01, 2023
| by Daniel Barton

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Exxon halts routine gas flaring in the Permian, wants others to follow

Posted by Daniel Barton
|Date: January 25, 2023
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Exxon halts routine gas flaring in the Permian, wants others to follow

Exxon Mobil Corp said it has stopped routine flaring of natural gas from production in the top U.S. shale ...

Exxon Mobil Corp said it has stopped routine flaring of natural gas from production in the top U.S. shale basin and will press for stronger regulations for rivals to do the same, company officials sai ...

January 25, 2023
| by Daniel Barton

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Oil giants rake in steep profits amid high energy prices

Posted by Daniel Barton
|Date: October 29, 2022
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Oil giants rake in steep profits amid high energy prices

Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline a ...

Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $1 ...

October 29, 2022
| by Daniel Barton

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Exxon, Shell sell California oil assets for $4 billion to IKAV

Posted by Daniel Barton
|Date: September 01, 2022
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Exxon, Shell sell California oil assets for $4 billion to IKAV

Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera ...

Exxon Mobil Corp and Shell PLC on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV for $4 billion, ending a 25-year-long partnership that was one of ...

September 01, 2022
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U.S. drillers add oil and gas rigs for record 24th month

Posted by Daniel Barton
|Date: July 31, 2022
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U.S. drillers add oil and gas rigs for record 24th month

U.S. energy firms this week added oil and natural gas rigs for a record 24 months in a row as oil majors ...

U.S. energy firms this week added oil and natural gas rigs for a record 24 months in a row as oil majors post blowout earnings on surging crude and gas prices. The oil and gas rig count, an early indi ...

July 31, 2022
| by Daniel Barton

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ConocoPhillips eyes U.S. Gulf of Mexico exit

Posted by Daniel Barton
|Date: July 21, 2022
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ConocoPhillips eyes U.S. Gulf of Mexico exit

Gulf offshore drilling operation ConocoPhillips is exploring a sale of its stake in the Ursa platform and ...

Gulf offshore drilling operation ConocoPhillips is exploring a sale of its stake in the Ursa platform and Princess subsea well in the Gulf of Mexico, people familiar with the matter said on Wednesday, ...

July 21, 2022
| by Daniel Barton

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Deep rift lies behind Biden’s criticism of oil and gas industry

Posted by Daniel Barton
|Date: June 23, 2022
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Deep rift lies behind Biden’s criticism of oil and gas industry

Permian Basin Drilling Rig U.S. President Joe Biden has publicly criticized oil and gas executives for ba ...

Permian Basin Drilling Rig U.S. President Joe Biden has publicly criticized oil and gas executives for banking big profits from high gasoline prices but he has rarely spoken directly to the heads of e ...

June 23, 2022
| by Daniel Barton

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Chevron CEO calls on Biden to take new approach on fuel prices, stop criticizing Big Oil

Posted by Daniel Barton
|Date: June 21, 2022
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Chevron CEO calls on Biden to take new approach on fuel prices, stop criticizing Big Oil

Chevron Chief Executive Michael Wirth on Tuesday rebutted White House officials’ criticism of the oil ind ...

Chevron Chief Executive Michael Wirth on Tuesday rebutted White House officials’ criticism of the oil industry over energy costs, saying bringing down fuel prices will require a change in approach by ...

June 21, 2022
| by Daniel Barton

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U.S. to sell up to 45 mln bbls oil from reserve as part of historic release

Posted by Daniel Barton
|Date: June 15, 2022
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U.S. to sell up to 45 mln bbls oil from reserve as part of historic release

The U.S. Department of Energy on Tuesday said it was selling up to 45 million barrels of oil from the Str ...

The U.S. Department of Energy on Tuesday said it was selling up to 45 million barrels of oil from the Strategic Petroleum Reserve as part of the Biden administration’s previously announced, largest-ev ...

June 15, 2022
| by Daniel Barton

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