Occidental Petroleum Corp. is selling bonds to help finance its $38 billion acquisition of Anadarko Petroleum Corp., as debt issuers show faith in Tuesday's buy Wellhead market rebound.
Brent oil slid into bear-market territory, as the U.S.-China trade spat threatened to expand into a currency war and investors despaired about the damage to crude demand.
President Donald Trump imposed further sanctions on Venezuela, freezing the government's assets in the U.S. and adding immigration restrictions in a move aimed at stepping up pressure on the regime of Nicolas Maduro.
At Mexico's state-run oil company, skinnier waists mean bigger bonuses.
(Bloomberg) -- At Mexico’s state-run oil company, skinnier waists mean bigger bonuses.
Oil resumed its decline as a sharp drop in the Chinese yuan compounded fears that a deepening trade war will depress demand.
A new twist in the ongoing US/China trade war placed downward pressure on WTI and Brent crude futures Monday.
A new twist in the ongoing trade war between the United States and China placed downward pressure on West Texas Intermediate (WTI) and Brent crude futures Monday.
The Williams Companies Inc. is working with investment firm Global Infrastructure Partners on a possible offer for Noble Energy Inc.'s midstream unit, according to people with knowledge of the matter.
Texas' upstream oil and gas economy is in a mild state of contraction, according to oil economist Karr Ingham.
Halfway through 2019, Texas’ upstream oil and gas economy is in a mild state of contraction, according to Karr Ingham, petroleum economist for the Texas Alliance of Energy Producers and creator of the Texas Petro Index (TPI).
Saipem's Sonsub division is testing a new subsea robotics technology.
Saipem’s Sonsub division launched its “Hydrone-R” underwater intervention drone on July 1 to begin endurance and qualification tests, Saipem reported Friday.
The U.S. saw a decline of jobs in both oil and gas extraction and support activities for mining.
Mining employment saw a decline of 5,000 jobs for the month of July, according to data released Friday from the U.S.
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