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Tuesday, November 4, 2025

January 29, 2021

Exxon reiterates support for methane norms after Biden's new climate orders- oil and gas 360

Exxon reiterates support for methane norms after Biden’s new climate orders

January 29, 2021

Reuters U.S. oil major Exxon Mobil Corp reiterated its support for methane regulations on Thursday, a day after President Joe Biden’s administration came out with a slew of executive orders to address climate-warming greenhouse gas emissions. The orders map out the direction for the Democratic president’s climate change and environmental agenda and reverse policies of his Republican predecessor, Donald Trump,

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count increased by 6 this week, at 384

January 29, 2021

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 6 over last week, resulting in a total count of 384 rigs. Canada had an increase of 2 over last week, resulting in a total Canadian count of 174 rigs. Breakdown by region Of the regions tracked by Baker Hughes, 2 regions, the

Exclusive: U.S. oil industry seeks unusual alliance with Farm Belt to fight Biden electric vehicle agenda- oil and gas 360

Exclusive: U.S. oil industry seeks unusual alliance with Farm Belt to fight Biden electric vehicle agenda

January 29, 2021

Reuters NEW YORK – The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles, but is so far meeting a cool reception, according to multiple sources familiar with the discussions. The effort to promote liquid fuels and combat expected federal subsidies for

Chevron announces fourth quarter 2020 results- oil and gas 360

Chevron announces fourth quarter 2020 results

January 29, 2021

Oil and Gas 360   Fourth quarter loss of $665 million; adjusted loss of $11 million Annual capital spending down 35 percent Increased 2020 dividend per share for 33rd consecutive year Chevron Corporation (NYSE: CVX) today reported a loss of $665 million ($(0.33) per share – diluted) for fourth quarter 2020, compared with a loss of $6.6 billion ($(3.51) per

OPEC Jan oil output rises for 7th month, Nigeria limits gain-survey- oil and gas 360

OPEC Jan oil output rises for 7th month, Nigeria limits gain-survey

January 29, 2021

Reuters LONDON – OPEC oil output has risen for a seventh month in January, a Reuters survey found, after the group and allies agreed to ease record supply curbs further, although an involuntary drop in Nigerian exports limited the increase. The 13-member Organization of the Petroleum Exporting Countries is pumping 25.75 million barrels per day (bpd) in January, the survey

Phillips 66 reports fourth-quarter 2020 financial results- oil and gas 360

Phillips 66 reports fourth-quarter 2020 financial results

January 29, 2021

Oil and Gas 360     Fourth Quarter Reported a fourth-quarter loss of $539 million or $1.23 per share; adjusted loss of $507 million or $1.16 per share Generated operating cash flow of $639 million Completed Sweeny Hub Phase 2 expansion and the fourth dock at Beaumont Terminal Commissioned second dock and additional storage at South Texas Gateway Terminal Operated

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