Post Tagged with: "oil companies"

Source: CNBC

Floods, outages stall oil firms’ efforts to restart after Ida


Widespread flooding from Hurricane Ida and power outages on Tuesday slowed efforts by energy companies to assess damages at oil production facilities, ports and refineries.

Nearly all of Louisiana lost electrical power on Monday after one of the most …

August 31, 2021 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Clean crude? Oil firms use offsets to claim green barrels


In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.

While the two-million-barrel cargo to India was destined to produce more than

Source: Reuters

Oil companies defeat New York City appeal over global warming


NEW YORK – A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming.

Ruling in favor of BP Plc, …

April 1, 2021 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News, Law
Source: Reuters

Oil companies tighten Nigeria security as protests, job losses stoke tension


PORT HARCOURT/LAGOS  – Oil companies have asked security services to tighten surveillance as violent anti-police brutality protests and the expected sacking of hundreds of workers worsen desperation in the region, industry sources told Reuters.

Already unemployment is above 40% …

November 18, 2020 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, International
Source: Forbes

What should oil companies do with their cash?


After the oil industry’s worst quarter in history, companies are taking a variety of approaches towards their finances, and getting a variety of advice and criticism from the pundits and media. Saudi Aramco’s decision to maintain its dividend has …

Source: Fox Business

Trump to visit oil-rich Permian Basin to visit rig, talk energy

Fox Business

President Trump is expected to visit the Permian Basin in West Texas Wednesday and make a stop at the Double Eagle Energy in Midland, the White House announced.

During his visit, the president will tour an oil


Rocket Hits Site of Foreign Oil Firms Exxon, Shell, Eni in Iraq’s Basra, Three Hurt

Three Iraqi workers wounded as rocket lands on headquarters of several major companies in latest oil attack

From Al Jazeera

A rocket landed at the headquarters of several global oil companies in Iraq’s southern city of Basra on Wednesday, wounding …