Americas

Americas

Exxon turns on the charm with once-shunned analysts

08/03/2019

For many years Exxon Mobil Corp. had a frosty relationship with Wall Street, giving terse presentations and shutting down impertinent questions. Chief executives from Lee Raymond to Rex Tillerson didn’t participate in quarterly earnings calls, leaving many analysts frustrated.

Americas

Two arrested and charged with conspiring to bribe PDVSA officials

28/02/2019

The president of a Miami-based company and its former sales representative were arrested Monday for their alleged roles to unlawfully obtain business advantages through bribery and kickbacks from Venezuela's state-owned and state-controlled energy company, Petroleos de Venezuela S.A. (PDVSA).

Americas

As energy world focuses on Permian, Gulf makes its own comeback

27/02/2019

The attention of the energy industry has focused in recent years on the Permian Basin, the once tired West Texas oil field that roared back to life when hydraulic fracturing and horizontal drilling freed the vast reserves locked in its shale. But as the Permian gathers the attention, another aging oil field is making its own comeback.

Americas

EOG Resources touts profit, increased spending

27/02/2019

EOG Resources saw its quarterly revenues spike by more than one-third as the Houston oil and gas producer reported an $893 million profit for the fourth quarter, falling a bit shy of analysts' expectations.

Americas

How oil led Venezuela to chaos

08/02/2019

It is a well-proven maxim that discovering oil can be more of a curse than a blessing and nowhere on the face of the Earth offers better testimony to that than Venezuela, now in the throes of political upheaval.

Americas

Chevron said to be in for Texas refinery

30/01/2019

Chevron agreed to buy a refinery in Pasadena, Texas, to process more of its West Texas crude, two sources familiar with the negotiations told Reuters Monday.

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