Americas Oil Company News

US natural gas prices rebounded more than 10% from this week's multi-year lows after gas producer Chesapeake announced it will slash gas output...

Swiss-based mining company and commodities trader Glencore reported a steep year-on-year drop in profits during 2023...

US refiner Marathon Petroleum is restarting units at its 363,000 bpd refinery in LA after a power outage...

US energy company Occidental Petroleum is considering a sale of its operating stake in Western Midstream...

Qatar's state energy giant QatarEnergy and US-based Chevron Phillips Chemical (CPChem) announced the ground breaking of its joint-venture petrochemical plant...

Hundreds of workers at Marathon Petroleum's 140,000 bpd Detroit refinery will down tools...

Mexico's state-owned Pemex has had to shut units at its 190,000 bpd Madero refinery because of a gas leak...

Consolidation in the US shale industry is set to continue as Diamondback said it would buy Endeavor Energy in a deal worth as much as...

A US shale gas producer plans to market 3% of its output this year as carbon credits and other types...

US Independent producer Devon Energy has made moves to acquire fellow independent driller Enerplus...

Shipping giant A.P. Moller-Maersk said the current rerouting of its fleet to avoid using the Red Sea will likely last at least several more weeks...

The recent slump in global natural gas prices has started to boost industrial demand in both Europe and Asia, which could provide price support later this year, while the supply...

Chile's second-largest oil refinery has halted operations due to a massive wildfire that has cut power supplies since

US energy major Chevron joined rival Exxon in beating estimates Friday on record fourth-quarter output...

Profits made by Shell's natural gas and LNG unit may face a slowdown at the start of this year after east-west arbs have closed and...

The municipality of Greenview in Canada has penned a memorandum of understanding (MoU) with Interprovincial Fuel Solutions to develop a petrochemical facility..

A hedge fund operated by high-profile manager Pierre Andurand continued to struggle during the second half of 2023...

US commodity brokerage StoneX on Tuesday said it is the first clearing and trading member of Abaxx Exchange, the...

The US Biden Administration dramatically announced Friday a pause on approvals for new LNG export terminals...

A former commodities trader is seeking $2.8 billion in damages against the UAE, alleging his company was the subject of a smear campaign...