Cash-rich Exxon, Chevron use stock for mega deals amid energy market jitters

[ad_1] [1/2]Chevron logo is seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Oct 24 (Reuters) – Exxon Mobil (XOM.N) and Chevron (CVX.N) are flush with…

Nigeria wins bid to overturn $11 bln damages for collapsed gas deal

[ad_1] Nigeria’s President Bola Tinubu looks on after his swearing-in ceremony in Abuja, Nigeria May 29, 2023. REUTERS/Temilade Adelaja/File Photo Acquire Licensing Rights Nigeria had been ordered to pay $11…

VIEW Chevron to buy Hess Corp for $53 bln in all-stock deal

[ad_1] A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken Feb. 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights LONDON, Oct…

EU considers gas price cap extension to avert winter crisis, Financial Times reports

[ad_1] European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing Rights Oct 22 (Reuters) – The European Union is…

Mozambique offshore gas fields huge opportunity for country, Italian PM says

[ad_1] Italy’s Prime Minister Giorgia Meloni speaks on the day of the informal meeting of European heads of state or government takes place in Granada, Spain October 6, 2023. REUTERS/Juan…

German gas grid operator OGE joins hydrogen pipeline project

[ad_1] MADRID, Oct 18 (Reuters) – German gas grid operator Open Grid Europe (OGE) is joining its French, Spanish and Portuguese peers working to develop a multibillion-euro hydrogen pipeline connecting…

Venezuela starts to pursue former oil clients after US lifts sanctions

[ad_1] HOUSTON, Oct 19 (Reuters) – Venezuelan state-run oil company PDVSA has begun contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two people familiar to…

Marathon Oil signs deal with Glencore for Alba gas in Equatorial Guinea

[ad_1] Oct 16 (Reuters) – Marathon Oil (MRO.N) said on Monday it has entered into a five-year liquefied natural gas (LNG) sales agreement with a unit of Glencore (GLEN.L) for…

French utility EDF expects strike ahead of national action

[ad_1] The logo is seen prior to the presentation of the French state-owned utility EDF 2023 half-year results in Paris, France, July 27, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights…

Pioneer’s mega-sale to Exxon will trigger $71 mln in exec windfalls

[ad_1] Scott Sheffield, Chairman and Chief Executive Officer of Pioneer Natural Resources Company, speaks to guests and investors during the OGIS conference for oil and gas companies in New York,…