Sunday, June 1, 2025
Big Oil majors looking to sell $27 billion in assets worldwide-oil and gas 360

Big Oil majors looking to sell $27 billion in assets worldwide

Source: Houston Chronicle The Big Oil majors aim to unload about $27 billion in oil and gas assets worldwide in order to cut costs and focus spending on their core projects. U.S. giants Exxon Mobil and Chevron for instance are concentrating their oil and gas spending on West Texas’ booming Permian Basin, as well as Guyana for Exxon Mobil and

Oil prices fall about $1 on trade talks uncertainty- oil and gas 360

Oil prices fall about $1 on trade talks uncertainty

Reuters HOUSTON – Oil prices eased on Monday, giving up some of last week’s gains and edging lower alongside U.S. stocks on uncertainty over a trade deal between the United States and China. Concerns about plentiful crude supplies in 2020 also weighed on the market, which expects OPEC to extend production cuts in early December to help avoid a new