Exxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday.…
An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020.Leonard Ortiz | MediaNews Group | Orange County Register | Getty ImagesIt’s…
Executives representing energy majors in the U.S., Europe and Asia speak during a CNBC-moderated panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)…
Getech cut monthly costs by 26% and said it is well-positioned to navigate further deterioration of the markets PLC () said it continued to close new…
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the…
Qatar’s Minister of State for Energy Affairs shared his thoughts on some of the major oil producers’ market moves in recent months, shedding disapproval on the…
An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia.Simon Dawson | Bloomberg | Getty…
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma.Tom Pennington | Getty ImagesOil prices were steady on Monday,…
Hungary Prime Minister Viktor Orban — a longtime ally of Russian President Vladimir Putin — has said that ending Russian oil purchases would be an “atomic…
OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices…