MEXICO CITY, Nov 20- The chief executive of Mexico's state-run oil monopoly Pemex on Wednesday criticized the compensation paid to the chairman of Spain's Repsol as excessive, amid a tussle over the handling of a dispute involving Argentina.» Read More
Oct 24- Canadian oil producers Cenovus Energy Inc and Husky Energy Inc said their refining margins were hurt as the price difference between crude oil and the petroleum products extracted from it narrowed sharply.
NEW YORK, Oct 16- Privately-held natural gas exploration and production company Rice Energy is planning for an initial public offering that could value the company at as much as $2.5 billion, according to people familiar with the matter. It has tapped Barclays PLC to lead the IPO, two of the people said.
With oil trading profit margins often as low as 1 percent, traders are seeking to diversify, especially in Africa where Vitol and Glencore are already pumping oil.
*CFO says organic capex to fall to $24- 25 bln in 2015-2017. LONDON/ PARIS, Sept 23- Total will start a "soft landing" next year to scale back heavy capital spending while keeping long-term output targets and generating greater cash flow, the French oil major said, raising investor hopes of higher dividends.
CALGARY, Alberta, Aug 13- Suncor Energy Inc, Canada's largest integrated oil company, said on Tuesday it was treating water from a roadside ditch near its refinery in Sarnia, Ontario, after the chemical benzene was found in two water samples.
Aug 1- Apache Corp, an oil and natural gas exploration and production company, reported a higher quarterly profit on Thursday that matched Wall Street's expectations, helped by a surge in shale operations. For the second quarter, Apache reported net income of $1.02 billion, or $2.54 per share, compared with $337 million, or 86 cents per share, in the year-ago quarter.
Aug 1- Apache Corp, an oil and natural gas exploration and production company, reported a quarterly profit on Thursday that matched Wall Street's expectations, helped by a surge in shale operations. For the second quarter, Apache reported net income of $1.02 billion, or $2.54 per share, compared with $337 million, or 86 cents per share, in the year-ago quarter.
Aug 1- Apache Corp, the oil and natural gas exploration and production company, said on Thursday its quarterly profit nearly tripled, helping mostly by North American shale operations. For the second quarter, Apache reported net income of $1.02 billion, or $2.54 per share, compared with $337 million, or 86 cents per share, in the year-ago quarter.
July 26- Hong Kong shares are expected to start higher on Friday underpinned by optimism over policy support on the Chinese mainland, setting the Hang Seng Index benchmark on its way to a fifth-straight weekly gain.
Husky, however, said reduced volumes due to a planned shutdown at the Terra Nova oil field, off Newfoundland, will hurt third-quarter production. Heavy oil producer Husky holds a 13 percent working interest in Terra Nova, which is operated by Suncor Energy Inc..
Continental Resources' CEO is worth at least $11 billion, and a split from his wife could result in the largest divorce settlement in history
Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
General Electric agreed to buy oilfield services provider Lufkin Industries to expand its profitable oil and gas business.
Two pipeline spills have prompted new criticism from opponents of the proposed Keystone XL project, while raising questions about whether the government is adequately monitoring U.S. pipelines. The NYT reports.
Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.
Of all the major oil-producing countries in the world, only four are showing a long-term decline in production capacity by 2020. Factors like the recent showdown with Iran over its nuclear program are more influential, according to a Harvard University report.
Four and a half years of studies and five failed votes in the House of Representatives later, the massive Canadian-US pipeline is stuck at the Canadian border. And that won't change anytime soon.
The DOE's Energy Information Administration expects the cartel's share to remain at the current 40 percent, while US domestic output rises.
A new report shows sizable amounts of recoverable oil and natural as around the scenic island chain, but its location in the hurricane belt is already raising concerns about potential environmental damage.
Michael Bagley, president of corporate intelligence firm Jellyfish Operations, and security expert Jennifer Giroux discuss how companies can plan and react in hostile environments.