Private equity firm EnCap Investments is exploring a sale of U.S. oil producer Ameredev II, seeking more than $4 billion including debt for the Delaware Basin operator, people familiar with the matter said.
BENGALURU (Reuters) -Oil prices settled higher on Friday but posted their steepest weekly decline since November, as traders assessed potential improvements to the supply outlook that has been disrupted by Russia's invasion of Ukraine.
BENGALURU Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfil contractual obligations and some traders said supply disruption concerns were overdone.
BENGALURU (Reuters) -Global oil prices fell on Wednesday by the most in nearly two years after OPEC member the United Arab Emirates said it supported pumping more oil into a market roiled by supply disruptions due to sanctions on Russia after it invaded Ukraine. | Video
* Brent crude records worst daily decline since April 21, 2020
BENGALURU (Reuters) -Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude.
BENGALURU (Reuters) -Oil prices jumped on Monday to their highest levels since 2008 as the United States and European allies considered banning Russian oil imports while it looked less likely that Iranian crude would return switftly to global markets. | Video
(Reuters) -Exxon Mobil Corp on Wednesday said it will further slash expenses and its oil and gas production portfolio to boost returns, but offered no updates on shareholder returns.
LVIV, Ukraine/KYIV (Reuters) -Three European prime ministers headed to Kyiv by train on Tuesday in a show of solidarity with Ukraine even as Russian air strikes and shelling hit the capital and invading forces tightened their grip.