US House Committee Report Finds Wall Street ‘Colluded’ to Curb Emissions
A U.S. congressional committee accused the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with...
Exploration & Production
California Seeks Company Profits in Big Oil Climate Lawsuit
California’s attorney general on Monday sought to force the world’s biggest oil companies to give up profits the state alleges they made while deceiving consumers about their...
Mexico’s Proven Hydrocarbon Reserves Rise to 8.4 billion Barrels
Mexico’s total proven hydrocarbon reserves, which include crude oil and natural gas, rose to 8.383 billion barrels of crude oil equivalent, the country’s regulator said on Tuesday in its annual reserves...
New Zealand Set to Scrap Oil, Gas Exploration Ban in H2
Prime Minister Christopher Luxon's administration had pledged to resume offshore oil and gas prospecting following last October's election....
North America Continues Streak of Rig Additions
North America added nine rigs week on week, according to Baker Hughes....
Abandoned Oil Wells Near Bakersfield Could Store Solar Power for 300,000 Homes
A pilot project in California will repurpose an old oil field to store renewable energy and help clean up the grid....
M&A Adventures Continue with ConocoPhillips $17.1 Billion Acquisition of Marathon
by Nick Vaccaro
Just when the world thought the last big card was played in the M&A arena, announcement recently surfaced that ConocoPhillips would purchase Marathon Oil for...
Slick Picks: 3 Oil Stocks to Grease Your Portfolio’s Gears
Unlock the best oil stocks that could drive your portfolio's performance with robust returns and dividend income in the dynamic energy market....
Suncor Energy’s Rich Kruger Urges Canada to Seize the Opportunity its Energy Resources Provide
Calgary, Alberta--(Newsfile Corp. - June 6, 2024) - Suncor (TSX: SU) (NYSE: SU) President and Chief Executive Officer Rich Kruger says Canada can increase its...
OPEC+ Sets Production Quotas
by Alex Mills
This week had a variety of energy news, including OPEC+ deciding to maintain the current oil production level, Saudi Aramco selling $12 billion in stock,...