Edition:
United States

Arathy S Nair

RPT-EXCLUSIVE-EQT bids for Chevron U.S. shale-gas assets in Appalachia - sources

Sep 17 2020

Sept 16 EQT Corp, the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.

Exclusive: EQT bids for Chevron U.S. shale-gas assets in Appalachia - sources

Sep 16 2020

EQT Corp, the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.

Schlumberger sells fracking unit as oil price cripples demand

Sep 01 2020

Oilfield services firm Schlumberger agreed to sell its North American shale fracking business to rival Liberty Oilfield Services , unloading a unit that underperformed during the shale bust.

U.S. shale producers' Pioneer Natural, Parsley prepare job cuts

Aug 24 2020

Two U.S. shale oil producers, Pioneer Natural Resources Co and Parsley Energy Inc, are planning to trim staff in coming days, people familiar with the matter said on Monday, after each posted large second-quarter losses.

United States Oil Fund faces possible SEC action: filing

Aug 19 2020

The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due to statements made after oil prices plunged into negative territory in April.

Phillips 66 to reconfigure California refinery for renewable fuels

Aug 13 2020

(This Aug 12 story corrects the location of the Santa Maria refining facility.)

U.S. refiners' biofuel bills soar in oil market slump

Aug 11 2020

U.S. oil refiners this quarter are expected to spend the most since at least 2018 to meet U.S. biofuels requirements, further pressuring margins hit by the collapse since March in global prices and demand.

UPDATE 2-Corteva posts weak revenue, disappointing outlook; shares drop

Aug 05 2020

Aug 5 Corteva Inc on Wednesday missed analysts' expectations for second-quarter revenue and its reinstated full-year forecast came in below estimates, sending the seed and pesticide producer's shares down as much as 9% in extended trade.

Trump allows Keystone pipeline to ship more Canadian oil after expansion stalls

Jul 30 2020

U.S. President Donald Trump has approved the existing Keystone pipeline to ship 29% more Canadian crude into the U.S. Midwest and Gulf Coast after TC Energy Corp's decade-old expansion project was stalled again this month by legal hurdles.

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