Yahoo Finance HOUSTON – The two largest U.S. oil companies – Exxon Mobil Corp and Chevron Corp – disclosed plans to increase outlays on energy projects next year amid high oil demand and prices. While spending more, it will be less than half the combined $84 billion they spent in 2013, when oil prices often traded above $100 per
Oil Price TC Energy, the operator of the Keystone Pipeline, said on Thursday that it had shut down the oil pipeline and is responding to a release of oil into a creek near Steele City, Nebraska. “We have shut down the Keystone Pipeline System and mobilized people and equipment in response to a confirmed release of oil into a creek, approximately
World Oil (WO) — Baker Hughes, an energy technology company and Woodside Energy announced on December 8th that they have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways. “Collaboration is key to making progress toward emissions reduction goals
Oil and Gas 360 DENVER, Dec. 07, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) announced today that its Board of Directors declared a special dividend of $0.65 per share in addition to a quarterly cash dividend of $0.35 per share on PDC’s outstanding common stock. The dividends are payable on December 28, 2022, to stockholders of record at the close of business on December 19,
Oil and Gas 360 LONG BEACH, Calif.–(BUSINESS WIRE)– California Resources Corporation (NYSE: CRC) today announced a Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault JV Holdco, LLC (CTV JV) and Lone Cypress Energy Services, LLC (Lone Cypress), an independent energy company focused on the development of low-carbon hydrogen generation facilities and energy infrastructure, to sequester 100,000 metric tons (MT) of carbon
Commercial Metals Company Selects Berkeley County, West Virginia as Site of its Fourth Micro Mill…
IESO Auction Secures Capacity to Help Meet Ontario’s 2023-2024 Electricity Needs Canada…
Oil price Commodity trader Trafigura booked a record profit for the financial year that ended September 30 in an unprecedented energy market volatility after the Russian invasion of Ukraine. Trafigura, one of the biggest independent oil and commodity traders in the world, reported on Thursday a net profit of $7 billion for the year ended in September, more than double the
Canadian energy stocks were on fire in the first half of 2022. Oil and gas prices soared on the b…
Oil and Gas Investor Announces 2023 ’25 Influential Women in Energy’ Honorees PR Newswi…
Shell plc recommends shareholders reject mini-tender offer by TRC Capital Investment Corporat…
Element Resources and the City of Lancaster Partner to Develop 100% Renewable Energy Center …
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