Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...
French oil major TotalEnergies expects to take a final investment decision (FID) on its Namibian offshore oil discovery in ...
French oil major TotalEnergies reported a 15% drop in fourth-quarter earnings on Wednesday, closing out a year marked by low ...
XLE's performance has been strong, but with plateauing profits and a modest yield. See why the Fund's future returns may ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major ...
President Trump has pressured U.S. drillers and Saudi officials to cut oil prices to help end the Ukraine war. The pressure is unlikely to bear fruit.
On Friday, oil and gas majors ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) fell 2.5% and 4.6%, respectively, after ...
Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...
However, compared to ExxonMobil’s 8.3% annual free cash flow decrease, Chevron performed better at a 7.3% drop. Nonetheless, ...
Tariffs would also likely force impacted crude sellers to discount prices to find buyers, said Matias Togni, founder of ...
Hess' track record for efficiently allocating capital and generating value has been steadily improving. The company has streamlined its portfolio by jettisoning less competitive and riskier positions ...