Americas Oil Company News

Talks between Marathon Petroleum and the Teamsters union have reached a deadlock as the strike at the 140,000 bpd Detroit refinery...

Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...

US state California is suing ExxonMobil over its alleged role in plastics pollution, claiming the company pushed increased demand by...

This year's weak US natural gas prices have dented the profitability and cash flows of major drillers...

As Gastech 2024 nears its close, a number of LNG deals and agreements have been announced, marking significant strides in Europe's efforts...

Trading house Trafigura could name Richard Holtum as successor to CEO Jeremy Weir next week, according to a Friday report in the...

Goldman Sachs has revised down its forecasts for gasoline and distillate margins in 2025, marking a notable retreat from initial expectations set...

US inventories of middle distillates remained relatively flat on the week, latest weekly data from the Energy Information Administration...

US energy executives have called on greater clarity and transparency for the natural gas industry over government policy on new...

Ara Partners has launched a partnership with HF Capital to decarbonise conventional energy assets...

Goldman Sachs expects oil prices to rebound in Q4 2024 as concerns over demand weakness fade amid strengthening expectations that inventories...

US oil refiners on the Gulf of Mexico were beginning cleanup and restart operations at sites in the path of Hurricane Francine, although...

Offshore oil and gas shut-ins peaked on Thursday as Hurricane Francine made landfall in Louisiana, but operations are expected...

The International Energy Agency (IEA) has cut its estimates for global oil demand growth in 2024, the agency said in its monthly oil market...

Teamsters Local 283 could extend Detroit strikes to other Marathon refineries as negotiations reach a stalemate between the two parties...

Woodside Energy raised $2 billion through a bond sale, the company said Friday, a month after it announced to buy...

Colombia has started shutting production at oil fields blocked by protests, its state-owned oil company Ecopetrol said late Thursday...

The EIA expects North America's liquefied natural gas (LNG) export capacity to double by 2028 from 11.4 billion cubic feet/day in 2023 to 24.4...

Goldman Sachs said Brent crude oil prices could trade lower to the $70/b threshold as oversupply risk is back in focus after Libya is on track...

Nearly 300 workers at Marathon Petroleum's 140,000 bpd Detroit refinery downed tools Wednesday in a dispute over a new labour...