2022-08-07 - Occidental President and CEO Vicki Hollub said, among record earnings results, Oxy would extend its Permian JV with Ecopetrol in the Midland and Delaware basins to encompass 20,000 net acres.
2022-07-14 - Production growth is limited by investment, and investors want fewer and larger companies, Wood Mackenzie’s Benjamin Shattuck says. Here’s how the oil and gas industry can return to growth.
2022-05-24 - Saudi Arabia will likely raise output to 11 million bpd later this year when a broader pact between OPEC and allies expires.
2022-06-10 - Oil prices sank along with Wall Street stocks after news that U.S. consumer prices accelerated in May. Gasoline prices have hit a record high and the cost of food has soared, leading to the largest annual increase in about 40 years
2022-06-10 - “Exxon made more money than God this year,” Biden said in a speech to dockworkers and union representatives at the Port of Los Angeles. U.S. oil companies are not using profits to drill more but to buy back stock, he added.