OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise

[ad_1] LONDON/HOUSTON, Feb 22 (Reuters) – OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices,…

EXCLUSIVE BP gives Caribbean refinery more time to hit operating targets -sources

[ad_1] NEW YORK, Jan 6 (Reuters) – BP Plc (BP.L)has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after…

CERAWEEK Pioneer CEO sees ‘very little growth’ in U.S. oil production

[ad_1] NEW YORK, March 2 (Reuters) – U.S. oil production will likely see “very little growth” in the future after remaining largely flat in 2021 at around 11 million barrels…

Failed Limetree refinery bidder calls winning bid ‘disguised liquidation’

[ad_1] Dec 2 (Reuters) – One of the bidders for the bankrupt Limetree Bay refinery objected to the winning bid in court this week, arguing the new company, which said…

IPC CEO urges Canada to offer more funding to build carbon capture

[ad_1] March 19 (Reuters) – International Petroleum Corp (IPCO.TO), the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon…

U.S., Canada motorists weigh cuts to spending as gas prices surge to record

[ad_1] ATLANTA, March 8 (Reuters) – At a Kroger (KR.N) station in Atlanta, general contractor L.W. Boyd had two fuel spigots going at the same time – pumping diesel into…