Post Tagged with: "360 Newsdesk"

Source: Reuters

OPEC+ seen sticking to policy despite higher oil demand

Reuters


LONDON/DUBAI – OPEC and its allies will likely stick to their existing policy of gradual oil output increases, four sources said on Wednesday, even though the group revised up its 2022 demand outlook and still faces U.S. pressure to …

Source: Reuters

Oil billionaire Dan Wilks bulks up stake in NexTier Oilfield Solutions

Reuters


Billionaire oilman Dan Wilks increased his stake in NexTier Oilfield Solutions, according to a regulatory filing on Thursday, his latest purchase in the hard-hit oilfield services industry.

Oilfield equipment and service companies were among the worst performing sector of …

Source: Reuters

Saudi Aramco Q2 profit soars on higher prices, demand recovery

Reuters


DUBAI – Saudi Arabian state oil producer Aramco (2222.SE) reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by higher oil prices and a recovery in oil demand.

Aramco said its results were …

Source: Reuters

BHP approves funding for Shenzi North, Trion oil projects in Mexico

Nasdaq


Global miner BHP Group BHPB.LBHP.AX said on Friday it would spend $544 million to develop its Shenzi North oil project in the Gulf of Mexico, and approved advancing its Trion oil project in Mexico into the design …

August 6, 2021 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Source: Reuters

Marathon Petroleum Corp. reports second-quarter 2021 results

Marathon Petroleum Corp. Reports Second-Quarter 2021 Results PR Newswire …