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S&P Downgrades Top US Oil Producers Exxon Mobil, Chevron, ConocoPhillips

2021-02-12 22:00:00| OGI

While companies including Exxon Mobil, Chevron and ConocoPhillips have announced steps to tackle climate change, S&P said it does not see those providing material credit differentiation.

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Brent, WTI Crude Oil Prices on Track for Weekly Gains

2021-02-12 20:20:00| OGI

WTI crude oil in the U.S. was on track for a weekly gain of about 5% while Brent was set for a 5.7% rise on the week due to hopes a U.S. stimulus will boost the economy and fuel demand.

Tags: track prices oil weekly

 
 

US Oil Rig Count Sees Another Weekly Gain

2021-02-12 19:29:50| OGI

The oil and gas rig count, an early indicator of future output, rose five to 397 in the week to Feb. 12, its highest since May, Baker Hughes Co. said.

Tags: count gain oil weekly

 

TC Energy Cancels Open Season for Keystone XL Oil Pipeline

2021-02-12 19:20:00| OGI

The Keystone XL oil pipeline project, announced 12 years ago to move Canadian crude from Alberta to Nebraska, has already been well under construction in Canada.

Tags: open energy season oil

 

US Democrats in Oil States Fear Ill Wind from Bidens Climate Policies

2021-02-12 10:00:00| OGI

Prospect of electoral backlash grows in Texas and New Mexico over presidents drilling moratorium.

Tags: states policies oil wind

 

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