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Pioneer Natural Resources Co

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  • This should bolster the case for lifting the ban by oil producers such as Pioneer Natural Resources, Anadarko Petroleum and Marathon Oil, which want an expanded market for their crude. Republican Senator Lisa Murkowski from Alaska, who in January started a campaign to relax the oil export ban, said the report proves that a change in policy would be advantageous...

  • WASHINGTON, Oct 30- U.S. gasoline prices are mainly set by global oil prices, a government report said on Thursday, a conclusion that should ease concerns among some lawmakers that lifting a crude oil export ban would mean pain at the pump for American motorists. That should bolster the case for lifting the ban among oil producers such as Pioneer Natural Resources,...

  • Producers for American Crude Oil Exports, or PACE, is the first lobbying group to form to reverse the trade restriction passed by Congress in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. As the U.S. oil boom of the last six years builds an excess of crude, calls have risen for Congress and the Obama administration to relax the ban.

  • Congress passed the trade restriction in the 1970 s after the Arab oil embargo caused fears of domestic oil shortages. The group of 14 producers has "united to create an advocacy initiative to help repeal the outdated ban on crude oil exports," Daren Beaudo, a spokesman for ConocoPhillips, one of the member companies, said in an email. The U.S. drilling boom of the past...

  • NEW YORK, Oct 14- Saudi Arabia's move to keep crude oil production high, fueling a steep global price slump, may have an unexpected consequence: intensifying the campaign by U.S. producers to scrap Washington's decades-old ban on exports of domestic crude. But many Americans, fearful of high gasoline prices, support the ban, as do their members of Congress.

  • MUMBAI, Oct 13- Reliance Industries Ltd, a conglomerate that operates the world's biggest refinery, reported a rise in profits that beat forecasts, helped by stronger refining margins, and said it would invest up to $9 billion in the next two quarters. The company, controlled by India's richest man, Mukesh Ambani, has been expanding beyond its core refining and...

  • NEW YORK, Sept 17- Houston- based logistic firm Buckeye Partners has spent more than $3.5 billion buying assets since 2010, transforming itself from a quiet regional pipeline utility into an emerging energy powerhouse.

  • Oil producers in condensate-heavy shale crude plays like the Eagle Ford and the western Permian Basin in Texas also could fetch better condensate prices if exported, as U.S. refiners have limited demand for it.

  • In the letter to the Commerce Department a lobbyist group called Consumers and Refiners United for Domestic Energy, or CRUDE, which represents the four U.S. refiners, blasted the government for allowing the shipments, saying they contravene a nearly 40- year-old ban on oil exports.

  • NEW YORK, Sept 2- U.S. policymakers should gradually lift the country's decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc said on Tuesday.

  • WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.

  • WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.

  • The imports would mark an abrupt shift from a decades-old devotion to crude oil self-sufficiency in Mexico, long a major exporter to the United States. His comments are the strongest signals to date on both the timing and potential volumes of light crude imports to Mexico.

  • WASHINGTON, Aug 26- Producers, pipeline and storage operators, and oilfield service companies will get a credit ratings boost if the United States lifts its ban on most crude oil exports, the ratings agency Standard& Poor's said on Tuesday.

  • NEW YORK, Aug 18- Washington's decision to allow exports of an ultra light crude offers a potential boon to U.S. producers that will bypass drillers in the Permian basin, because the country's fastest growing shale play lacks pipelines or affordable trucking.

  • Lightning Round: Potbelly, IBM & more Wednesday, 13 Aug 2014 | 6:45 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Asia buyers of U.S. oil struggle on tight ship supply Wednesday, 13 Aug 2014 | 4:03 AM ET

    *Panamax freight rates from U.S. to Asia rise. NEW YORK/ SINGAPORE, Aug 13- Asian buyers of ultra light oil from the United States are struggling to find small-sized ships willing to undertake the month-long voyage at affordable rates as U.S.- Asia oil trade flows grow. "Why would you want to send a Panamax to Asia?

  • US STOCKS-Wall St falls modestly with Ukraine in focus Tuesday, 12 Aug 2014 | 2:32 PM ET

    *Kate Spade plunges 23 pct in busiest trading day. NEW YORK, Aug 12- U.S. stocks fell modestly on Tuesday afternoon, with energy shares leading losses as investors monitored developments in Russia and Ukraine and the price of oil fell. Russia sent a convoy of 280 trucks carrying humanitarian aid to eastern Ukraine on Tuesday.

  • UPDATE 2-Brent steady below $105 amid global oil glut Thursday, 7 Aug 2014 | 3:31 AM ET

    *NATO says Russia massed 20,000 combat-ready troops on Ukraine border. NATO said Russia had massed large amounts of troops on Ukraine's border and could use the pretext of a humanitarian mission to invade.

  • *NATO says Russia massed 20,000 combat-ready troops on Ukraine border. SINGAPORE, Aug 7- Brent crude climbed towards $105 a barrel on Thursday, supported by a decline in U.S. oil inventories and an escalation of East-West tension over the conflict in Ukraine.