Tag: crude oil

Chevron Corp (CVX.N) on Wednesday said it would triple its budget for share buybacks to $75 billion, the oil industry's most ambitious shareholder payouts yet, as high gas and oil ...

In Canada's western oil patch, controversy is raging over federal government legislation aimed at helping the fossil fuel labour force shift to a greener economy, but union and community leaders ...

Following Moscow's war in Ukraine, the world's biggest oilfield firm SLB (SLB.N) has expanded its business in Russia by cherry-picking service and equipment contracts from rivals who exited, according to ...

U.S. Energy Secretary Jennifer Granholm cautioned Republicans in a letter seen by Reuters on Wednesday that limiting President Joe Biden's authority to tap the nation's oil reserves would threaten national ...

Exxon Mobil Corp (XOM.N) in coming days will sharply ramp up diesel and gasoline production at its Beaumont, Texas, refinery, people with knowledge of the matter said, winding up a ...

Energy futures for crude oil, refined products, and natural gas have plunged in the New Year as traders reconsidered short-term fears over cold weather and fears of supply shortage and ...

Oil flows to parts of Central and Eastern Europe via a section of the Druzhba pipeline have been temporarily halted, according to oil pipeline operators in Slovakia and Hungary. The ...

U.S. diesel supplies are becoming alarmingly low with shortages and price hikes likely to happen in the coming six months unless and until fuel consumption and the economy slow. Inventories ...

The price of gas in Europe will remain significantly high for years to come after the cuts in deliveries from Russia, the chief executive of Norway's Equinor said on October ...

Tightening markets for liquefied natural gas (LNG) globally and major oil producers reducing supply have placed the world in the middle of "the first truly global energy crisis", the head ...