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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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Facing record inflation, Biden aims at oil companies

Posted by Daniel Barton
|Date: June 12, 2022
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Facing record inflation, Biden aims at oil companies

U.S. President Joe Biden on Friday said he was working with U.S. oil companies to boost output to record ...

U.S. President Joe Biden on Friday said he was working with U.S. oil companies to boost output to record levels next year, while accusing the industry of capitalizing on a supply shortage to fatten pr ...

June 12, 2022
| by Daniel Barton

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U.S. drillers add oil and gas rigs for ninth week in a row

Posted by Daniel Barton
|Date: May 20, 2022
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U.S. drillers add oil and gas rigs for ninth week in a row

U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row, data showed on Frid ...

U.S. energy firms this week added oil and natural gas rigs for a ninth week in a row, data showed on Friday, as mostly small producers respond to high prices and prodding by the government to ramp up ...

May 20, 2022
| by Daniel Barton

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Exxon faces new pressure over dealings with Russia’s Rosneft

Posted by Daniel Barton
|Date: February 28, 2022
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Exxon faces new pressure over dealings with Russia’s Rosneft

Exxon Mobil likely will face new pressure to severe ties with Russia’s largest oil producer, said analyst ...

Exxon Mobil likely will face new pressure to severe ties with Russia’s largest oil producer, said analysts, after rival BP agreed to unload a Rosneft stake. Russia’s attack on Ukraine has unleashed br ...

February 28, 2022
| by Daniel Barton

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U.S. drillers add oil and gas rigs for fifth week in a row

Posted by Daniel Barton
|Date: February 07, 2022
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U.S. drillers add oil and gas rigs for fifth week in a row

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time s ...

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since November as crude prices extended their rally to a seventh week to levels not seen since 2 ...

February 07, 2022
| by Daniel Barton

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Oil CEOs clash with U.S. Energy Dept official over energy transition

Posted by Daniel Barton
|Date: December 07, 2021
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Oil CEOs clash with U.S. Energy Dept official over energy transition

Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, ...

Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but a U.S. Energy Department official said the industry has a moral obligation to address clima ...

December 07, 2021
| by Daniel Barton

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Top U.S. oil firms crank up shale output after cashing gains

Posted by Daniel Barton
|Date: October 31, 2021
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Top U.S. oil firms crank up shale output after cashing gains

Marcellus shale gas drilling rig Exxon Mobil Corp. and Chevron Corp. on Friday disclosed plans to expand ...

Marcellus shale gas drilling rig Exxon Mobil Corp. and Chevron Corp. on Friday disclosed plans to expand drilling in the top U.S. shale basin after posting their biggest quarterly profits in years. La ...

October 31, 2021
| by Daniel Barton

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Oil up on escalating US-Iran tensions, but trade war worries cap gains

Posted by Daniel Barton
|Date: May 21, 2019
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Oil up on escalating US-Iran tensions, but trade war worries cap gains

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC ...

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that a prolonge ...

May 21, 2019
| by Daniel Barton

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