[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…
Tag: OILG
Reaction: OPEC output cuts to roil markets
[ad_1] April 2 (Reuters) – A surprise production cut by Saudi Arabia and other Middle East producers has caught the energy industry flat-footed and will lift global prices with little…
BP seeking to build wind farms off Scotland – The Times
[ad_1] May 3 (Reuters) – BP Plc (BP.L) is preparing to bid for the rights to build wind farms off Scotland, The Times reported early on Monday. BP Chief Executive…
Pioneer Natural, Devon profits beat as oil prices rebound
[ad_1] May 4 (Reuters) – U.S. shale producers Pioneer Natural Resources (PXD.N) and Devon Energy Corp (DVN.N) beat Wall Street expectations for first-quarter profits on Tuesday, as COVID-19 vaccine rollouts…
Shell puts a stop to Singapore biofuels, base oil projects
[ad_1] SINGAPORE, March 30 (Reuters) – Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson…
Ovo Energy plans takeover of Shell gas and electricity arm – Sky News
[ad_1] March 29 (Reuters) – Ovo Energy is planning a takeover of Shell Plc’s (SHEL.L) UK gas and electricity business, a move that would allow the British retail energy supplier…
SocGen says it has pulled out of Texas LNG project
[ad_1] PARIS, March 28 (Reuters) – Societe Generale (SOGN.PA) pulled out of Texas-based energy company NextDecade’s (NEXT.O) Rio Grande Liquefied Natural Gas (LNG) project last year, the French bank disclosed…
Southern targets Dec start for new Georgia Vogtle 3 nuclear reactor
[ad_1] April 29 (Reuters) – U.S. energy company Southern Co (SO.N) said Thursday it was targeting a December in service date for the third reactor at its Vogtle nuclear power…
Occidental Petroleum, Devon Energy impress Wall St as oil price bounces
[ad_1] Aug 3 (Reuters) – U.S. oil and gas producers Occidental Petroleum Corp (OXY.N) and Devon Energy Corp (DVN.N)blew past Wall Street’s profit expectations on Tuesday, as easing travel curbs…