Edition:
International

Liz Hampton

Shale oil's slower investment sparks new tension with White House

Nov 23 2021

As the Biden administration and allies scramble to deliver more oil to market through stockpile releases, shale producers are tapping the brakes on reinvestment, according to new data, a sign of the widening split between U.S. oil companies and Washington.

Shale oil's slower investment sparks new tension with White House

Nov 23 2021

Nov 23 As the Biden administration and allies scramble to deliver more oil to market through stockpile releases, shale producers are tapping the brakes on reinvestment, according to new data, a sign of the widening split between U.S. oil companies and Washington.

ProPetro, U.S. SEC settle charges on ex-CEO's undisclosed perks

Nov 22 2021

The U.S. Securities and Exchange Commission said on Monday Texas-based oilfield services company ProPetro Holding Corp and its founder and former CEO Dale Redman have agreed to settle charges for failing to properly disclose some of Redman's executive perks and two stock pledges.

As energy prices soar, supply chain snags threaten U.S. oil output gains

Nov 15 2021

DENVER U.S. oil producers are struggling to find enough crews, vehicles and equipment to take advantage of rising global demand and a seven-year high in crude prices, say executives at oilfield service firms.

IBM, Amazon partner to extend reach of data tools for oil companies

Nov 15 2021

International Business Machines Corp and Amazon.com Inc's Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data.

GE energy spinoff aims to capture interest in renewables

Nov 10 2021

(Reuters) -General Electric Co's plan to spin off energy units into a standalone company could attract investors looking for a well-known name in renewables if they can overlook legacy fossil-fuel operations, financial experts said.

GE energy spinoff aims to capture interest in renewables

Nov 09 2021

Nov 9 General Electric Co's plan to spin off energy units into a standalone company could attract investors looking for a well-known name in renewables if they can overlook legacy fossil-fuel operations, financial experts said.

Shale firm EOG aims to launch carbon capture project by late 2022

Nov 05 2021

(Reuters) -U.S. shale oil firm EOG Resources said on Friday it aims to begin a carbon dioxide injection program by late 2022 to reduce greenhouse gases from its oil and gas production.

EOG Resources boosts dividend as shale drillers keep focus on returns

Nov 04 2021

(Reuters) -U.S. oil and gas producer EOG Resources on Thursday said it would raise its regular dividend by 82% and declared a $2 per share special dividend after posting sharply higher third-quarter results.

Eying higher oil prices, Pioneer Natural Resources to minimize hedging next year

Nov 04 2021

Top Permian Basin oil producer Pioneer Natural Resources will minimize its hedging next year, Chief Executive Officer Scott Sheffield said on Thursday, anticipating oil prices between $80 and $100 a barrel over the next several years.

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