Oil
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Petroleum Newsroom
ConocoPhillips CEO says ‘we’re on the lookout’ for acquisitions as oil prices stay under $20
[ad_1] ConocoPhillips CEO Ryan Lance said Thursday that the energy industry needs to consolidate and that his company is looking…
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Petroleum Newsroom
Coronavirus creating $1 trillion revenue loss for oil and gas companies
[ad_1] Oil and gas exploration and production companies, or E&Ps, are slated to lose a staggering $1 trillion in revenues…
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Petroleum Newsroom
Oil major Shell slashes dividend as first-quarter net profit falls 46%
[ad_1] Carl Court | AFP | Getty Images Oil giant Royal Dutch Shell reported a 46% fall in net profit for…
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Petroleum Newsroom
US oil firms expected to shut in far more production in May and June
[ad_1] U.S. energy companies are taking an axe to their rig numbers, deepening production cuts for the industry that in…
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Petroleum Newsroom
Oil ETF overseer addresses the risks of investing in crude-based funds
[ad_1] ETFs have found themselves at the epicenter of the crude oil collapse. One exchange-traded fund in particular — the United…
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Petroleum Newsroom
Trading oil and gas ETFs after Diamond Offshore bankruptcy filing
[ad_1] Yet more pain in the oil patch. Smaller oil companies have been hit hard after a historic week for…
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Petroleum Newsroom
Hinduja co-chairman on oil and brexit
[ad_1] A Surgutneftegas worker near pumpjacks in Surgut Region of the Khanty-Mansi Autonomous Area – Yugra, in the West Siberian…
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Petroleum Newsroom
Net profit slides 67% in first quarter as oil prices fall
[ad_1] A BP company logo is displayed on a fuel pump on the forecourt of a gas station operated by…
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Petroleum Newsroom
Oil drops 15%, extending Monday’s 25% decline
[ad_1] A worker prepares to lift drills by pulley to the main floor of a drilling rig in the Permian…
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Petroleum Newsroom
China oil companies could report ‘significant losses’ in Q1: Bernstein
[ad_1] Workers inspect the facilities for safety hazards at a PetroChina natural gas purification plant in Suining in southwest China’s…
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