Colombia's president orders national oil company to cancel US venture over environmental concernsTrump Tariff War: Colombian President Gustavo Petro ordered Ecopetrol to cancel an $880 million fracking deal with Occidental Petroleum due...
05 Feb, 2025, 07.01 AM IST
US explorer ConocoPhillips to buy Marathon Oil in $17 billion dealThe move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield...
29 May, 2024, 11.56 PM IST
Mega US shale deal: Diamondback to buy Endeavor for $26 billionThe deal would see the combined company pumping 816,000 barrels of oil equivalent per day (boepd), and annual synergies of $550 million, co...
13 Feb, 2024, 12.09 AM IST
Chevron's game-changing $53 billion deal with Hess Corp: A bold step into Guyana's oil boomChevron Corp has announced a $53 billion all-stock deal to acquire its smaller rival, Hess Corp, in a move that will reshape the energy lan...
23 Oct, 2023, 05.43 PM IST
Exxon Mobil to buy shale rival Pioneer for nearly $60 billion in stockExxon Mobil plans to acquire Pioneer Natural Resources in an all-stock deal worth $59.5 billion, making it the largest producer in the larg...
11 Oct, 2023, 11.15 PM IST
Exxon delivers record first-quarter profit on higher outputExxon Mobil reported a first-quarter profit of $11.43bn, a record double of a year ago and surpassing Wall Street estimates. While refining...
28 Apr, 2023, 07.11 PM IST
Ukraine war ups pressure for US oil; industry faces hurdlesBut for the next few months, he's waiting on the sidelines and struggling to get enough workers to watch over roughly 100 oil wells the com...
18 Mar, 2022, 11.02 PM IST
Shale drilling climbs most in a month as Biden calls for more oilPresident Joe Biden has urged US oil companies to step up production as sanctions on Russia have helped push oil prices above $100 a barrel...
13 Mar, 2022, 12.00 AM IST
Oil companies bet on $100 a barrel as they rush to sell assetsLarge oil companies are unloading properties from Texas to California, with some using the market rally as a chance to rake in cash for fut...
02 Jul, 2021, 08.45 AM IST
Oil producers eye long road to recovery as Texas begins to thawThe shut in oil production represents 2 to 4 per cent of global supply, so a slow recovery would tighten worldwide crude markets and may bo...
22 Feb, 2021, 05.46 PM IST
Reliance gets world's first 'carbon-neutral' oil from US"This transaction, which was arranged in conjunction with Macquarie Group's Commodities and Global Markets group (Macquarie), is the energy...
03 Feb, 2021, 07.52 PM IST
US posts first month in 70 years as a net petroleum exporterThe nation exported 89,000 barrels a day more than it imported in September, according to data from the Energy Information Administration o...
02 Dec, 2019, 08.15 AM IST
Oil falls as rising US production counters OPEC supply cutsInternational Brent futures had yet to trade after closing up 0.3 per cent on Tuesday.
06 Mar, 2019, 07.53 AM IST
Tale of two oil markets: Brent bulls split from US optimistsMoney managers reduced their net-long positions on US gasoline and diesel by over 9 per cent.
17 Sep, 2018, 08.55 PM IST
US oil output is rising, that doesn’t mean price will fallAfter bottoming out in May 2016 after oil prices had fallen below $30 a barrel, the number of US oil rigs has almost tripled.
21 May, 2018, 11.50 AM IST
US needs oil sands as surge from shale bonanza seen overdoneUS will continue to need crude from Canada's oil sands because rising production from its shale formations is too expensive.
20 Jun, 2013, 04.00 AM IST
- ONGC ventures into shale gas exploration
ONGC said it has ventured into Shale Gas exploration by spudding the first Shale Gas well RNSG-1 in Ichapur village near Durgapur in Burdwa...
22 Sep, 2010, 08.57 PM IST