oil and gas industry
The Latest
-
Jeff Bezos, White House Clash Over Petrol Pricing
The price of gasoline at the pump has come to represent larger price increases in the U.S. 
The price of gasoline at the pump has come to represent larger price increases in the U.S. -
Shell To Sell Permian Basin Business To ConocoPhillips For $9.5 Billion
Royal Dutch Shell agreed to sell its Permian Basin to rival ConocoPhillips for $9.5 billion in cash. 
Royal Dutch Shell agreed to sell its Permian Basin to rival ConocoPhillips for $9.5 billion in cash. -
ConocoPhillips In $9.7 Billion ‘Contrarian’ Gush On Concho Resources
Analysts say the acquisition put ConocoPhillips in a precarious position. 
Analysts say the acquisition put ConocoPhillips in a precarious position. -
U.S. Shale Producer Devon Energy, WPX Energy Negotiating Merger
WPX Energy will be valued at a slight premium over its current share price and a deal could be announced next week. 
WPX Energy will be valued at a slight premium over its current share price and a deal could be announced next week. -
Sinopec Posts First H1 Loss Since 2000 Hong Kong Debut
Sinopec reported a total net loss of around 21.7 billion yuan for the first half of 2020, its first-ever loss since it listed in Hong Kong in 2000. 
Sinopec reported a total net loss of around 21.7 billion yuan for the first half of 2020, its first-ever loss since it listed in Hong Kong in 2000. -
Saudi Aramco Reports 73.4 Percent Drop In Profits For Second Quarter
Oil demand will recover and profits will rebound in coming quarters, Saudi Aramco CEO Amin Nasser says. 
Oil demand will recover and profits will rebound in coming quarters, Saudi Aramco CEO Amin Nasser says. -
Zhanjiang Refinery Complex Officially Begins Production
Operations at the Zhongke (Guangdong) integrated refinery and petrochemical project in Zhanjiang kicked off after the successful docking and unloading of a VLCC crude oil tanker from the Middle East. 
Operations at the Zhongke (Guangdong) integrated refinery and petrochemical project in Zhanjiang kicked off after the successful docking and unloading of a VLCC crude oil tanker from the Middle East. -
Saudi Aramco To Review SABIC Acquisition Following Oil Price Slump
Saudi Aramco is reportedly conducting a purchase price review of its planned 70 percent stake acquisition of SABIC following the massive drop in the company's market valuation. 
Saudi Aramco is reportedly conducting a purchase price review of its planned 70 percent stake acquisition of SABIC following the massive drop in the company's market valuation. -
Exxon To Cut 30 Percent Off Spending Amid Global Oil Price Crisis
After holding off on imposing spending cuts, Exxon has finally given in and announced that it will cut spending by $10 billion this year. 
After holding off on imposing spending cuts, Exxon has finally given in and announced that it will cut spending by $10 billion this year. -
Nigeria Responds To Oil Price War By Ramping Up Production And Reducing Prices
In response to the oil price and demand slump, Nigeria announced that it will be offering massive discounts and pumping oil at maximum levels. 
In response to the oil price and demand slump, Nigeria announced that it will be offering massive discounts and pumping oil at maximum levels.
