The Latest

Irving Oil Launches $100 Million Project at Canadian Refinery

The cracking unit revamp at the St. John facility aims to boost energy security, the company says.

Activist Elliott Poised to Win Two Board Seats at Phillips 66, Sources Say

Elliott is pressing Phillips 66 to sell some assets to become a pure-play refiner, improve performance at its refining business and improve corporate governance.

Liberty Energy on the Lookout for ‘Transformative Opportunities,’ CEO Says

Ron Gusek, the CEO who succeeded the current U.S. secretary of energy Chris Wright, has thrived in uncertain times before and is confident about Liberty Energy’s position.

Recent M&A Primes ONEOK for AI, LNG, NGL Growth

ONEOK’s President and CEO Pierce Norton talks about his rapidly expanding company and the M&A grocery list the midstream company uses to explore additional growth opportunities.

Over 100 Employees Leave US EIA, Putting Crucial Energy Data at Risk, Sources Say

The U.S. government's energy statistics arm is set to lose over 100 employees after the Trump administration's latest round of resignation offers, putting at risk some of the most closely watched energy reports globally, three sources told Reuters.

Phillips 66 Urges Shareholders to Vote Against Elliott at Annual Meeting

Phillips 66’s board of directors is again pushing against one of its largest investors—Elliott Investment Management—with a letter to shareholders detailing how to vote against the investment company at its upcoming annual meeting.

Elliott Sues Phillips 66 to Put Board Nominees Up for Vote

Elliott Investment Management has asked a court to order Phillips 66 to require four board seats to stand for election at its annual shareholder meeting.

US Oil Company APA Lays Off Nearly 15% of Staff, Bloomberg News Reports

The news comes days after APA and its partners announced a successful oil discovery on their shared acreage in Alaska's North Slope.

International Battery Metals CEO Talks Direct Lithium Extraction

IBAT CEO Iris Jancik, who stepped into the role in August, shared her insight on market conditions, lessons learned and China.

Phillips 66’s Brouhaha with Activist Investor Elliott Gets Testy

Mark E. Lashier, Phillips 66 chairman and CEO, said Elliott Investment Management’s proposals have devolved into a “series of attacks” after the firm proposed seven candidates for the company’s board of directors.