Warren Buffett’s Berkshire Hathaway has committed to invest US$10 billion in equity in Occidental Petroleum if Occidental completes its proposed acquisition of Anadarko, Occidental said on Tuesday, a day after Continue Reading
An oil and gas building spree in the United States might have a serious boomerang effect that could hit the industry as hard as a changing fundamentals landscape hit the Continue Reading
Highlights Sur de Texas-Tuxpan marine pipeline to begin commissioning “soon” US exports to Mexico could see upside before June on earlier startup South Texas basis to see volatility as line-packing Continue Reading
The Houston-based independent E&P company raked in double what it made in first-quarter 2018. ConocoPhillips raked in $1.9 billion in earnings in the first quarter of 2019, doubling what it Continue Reading
The oilfield services giant saw its net income decline by more than half from last year despite an increase in orders, driven by oilfield equipment. Revenues for Baker Hughes, a Continue Reading
The U.S. Environmental Protection Agency has suspended work on its plan to publish the names of refineries securing exemptions from federal biofuels law after receiving blowback from the White House Continue Reading
Highlights Q1 output was 326,000 boe/d from the three plays First-half 2019 seen flat, but growing later in year Long-term capex plan under $7 billion/year: CEO Lance Houston — ConocoPhillips’ Continue Reading
When John Barrasso, a Republican from oil and uranium-rich Wyoming who has spent years blocking climate change legislation, introduced a bill this year to promote nuclear energy, he added a Continue Reading
Mayor Eric Garcetti unveiled a sweeping plan for a more sustainable Los Angeles on Monday, calling for dramatic changes to the car culture, built environment and air quality of America’s Continue Reading
France will delay by 10 years the shutdown of part of its nuclear power industry in order to fulfil President Emmanuel Macron’s aim of making the country carbon-neutral by 2 Continue Reading
