Us https://www.oedigital.com/us?format=feed Us en-US Fri, 02 Feb 2024 11:15:02 -0500 https://www.oedigital.com/news/511272-exxon-s-36-billion-profit-beats-estimates Exxon's $36 Billion Profit Beats Estimates Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.Oil majors are expected… Fri, 02 Feb 2024 16:15:02 Z https://www.oedigital.com/news/511272-exxon-s-36-billion-profit-beats-estimates https://www.oedigital.com/news/506651-brent-oil-hovers-over-80-as-inflation-worries-ease Brent Oil Hovers Over $80 as Inflation Worries Ease Global oil benchmark Brent hovered above $80 on Wednesday, buoyed by China's pledge to reinvigorate economic growth and expectations that the U.S. Federal Reserve… Wed, 19 Jul 2023 11:09:00 Z https://www.oedigital.com/news/506651-brent-oil-hovers-over-80-as-inflation-worries-ease https://www.oedigital.com/news/491865-oil-price-rises-after-opec-rejects-call-for-more-supply Oil Price Rises after OPEC+ Rejects Call for More Supply Oil prices rose more than 1% on Friday, staging a partial recovery after OPEC+ producers rebuffed a U.S. call to raise supply and instead maintained plans for a… Fri, 05 Nov 2021 07:42:26 Z https://www.oedigital.com/news/491865-oil-price-rises-after-opec-rejects-call-for-more-supply https://www.oedigital.com/news/487944-shell-books-floatel-s-accommodation-rig-for-malampaya-work Shell Books Floatel's Accommodation Rig for Malampaya Work Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines… Wed, 26 May 2021 10:48:11 Z https://www.oedigital.com/news/487944-shell-books-floatel-s-accommodation-rig-for-malampaya-work https://www.oedigital.com/news/486564-u-s-lng-export-bonanza-reshapes-energy-map-in-asia U.S. LNG Export Bonanza Reshapes Energy Map in Asia U.S. exports of liquefied natural gas (LNG) to China, Japan, and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as… Mon, 05 Apr 2021 09:03:16 Z https://www.oedigital.com/news/486564-u-s-lng-export-bonanza-reshapes-energy-map-in-asia https://www.oedigital.com/news/485859-three-ships-carrying-us-ethanol-head-to-china Three Ships Carrying US Ethanol Head to China Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, a sign that ethanol exports from the United… Mon, 08 Mar 2021 22:46:02 Z https://www.oedigital.com/news/485859-three-ships-carrying-us-ethanol-head-to-china https://www.oedigital.com/news/484956-reuters-exxonmobil-chevron-explored-merger-in-2020 Reuters: ExxonMobil, Chevron Explored Merger in 2020 The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would… Mon, 01 Feb 2021 09:10:06 Z https://www.oedigital.com/news/484956-reuters-exxonmobil-chevron-explored-merger-in-2020 https://www.oedigital.com/news/484549-u-s-blacklists-china-s-cnooc-over-south-china-sea-actions U.S. Blacklists China's CNOOC over South China Sea Actions The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South… Thu, 14 Jan 2021 15:31:59 Z https://www.oedigital.com/news/484549-u-s-blacklists-china-s-cnooc-over-south-china-sea-actions https://www.oedigital.com/news/483655-u-s-adds-china-s-cnooc-to-defense-blacklist U.S. Adds China's CNOOC to Defense Blacklist The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC, to a blacklist of alleged Chinese military companies, drawing condemnation… Fri, 04 Dec 2020 09:01:00 Z https://www.oedigital.com/news/483655-u-s-adds-china-s-cnooc-to-defense-blacklist https://www.oedigital.com/news/483479-oil-rises-on-vaccine-hope-weak-dollar Oil Rises on Vaccine Hope, Weak Dollar Oil rose for a fourth straight session on Wednesday as the market shrugged off an industry report showing U.S. crude stockpiles rose more than expected, extending… Wed, 25 Nov 2020 13:23:49 Z https://www.oedigital.com/news/483479-oil-rises-on-vaccine-hope-weak-dollar https://www.oedigital.com/news/480730-u-s-sends-first-crude-shipment-to-saudi-arabia-in-years U.S. Sends First Crude Shipment to Saudi Arabia in Years The United States sent a shipment of crude to Saudi Arabia in June, data from the U.S. Census Bureau showed on Wednesday, in what appears to be the first such delivery since the U… Thu, 06 Aug 2020 07:12:57 Z https://www.oedigital.com/news/480730-u-s-sends-first-crude-shipment-to-saudi-arabia-in-years https://www.oedigital.com/news/480508-u-s-crude-floods-into-asia-but-it-s-a-short-term-blip U.S. Crude Floods into Asia, but It's a Short-Term Blip Asia will import record volumes of U.S. crude oil this month, with China leading the way, but the surge is more likely a short-term blip rather than a sustained trend… Tue, 28 Jul 2020 12:05:15 Z https://www.oedigital.com/news/480508-u-s-crude-floods-into-asia-but-it-s-a-short-term-blip https://www.oedigital.com/news/479644-woodmac-how-has-the-price-crash-changed-the-upstream-sector Woodmac: How has the Price Crash Changed the Upstream Sector? According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry.Andrew Pearson, vice president… Thu, 25 Jun 2020 08:20:26 Z https://www.oedigital.com/news/479644-woodmac-how-has-the-price-crash-changed-the-upstream-sector https://www.oedigital.com/news/479192-saudi-oil-price-hike-throws-asian-lifeline-to-u-s-shale Saudi Oil Price Hike Throws Asian Lifeline to U.S. Shale Saudi Arabia's decision to jack up the price of its July exports to Asia may have opened the door for U.S. crude oil producers to boost sales to the region that… Tue, 09 Jun 2020 14:34:35 Z https://www.oedigital.com/news/479192-saudi-oil-price-hike-throws-asian-lifeline-to-u-s-shale https://www.oedigital.com/news/478922-oil-drops-but-still-set-for-biggest-monthly-gain-in-years Oil Drops but Still Set for Biggest Monthly Gain in Years Oil prices were dragged sharply lower on Friday by weak U.S. fuel demand, fears of a second wave of coronavirus cases in South Korea, and a worsening in U.S.- China relations… Fri, 29 May 2020 12:23:56 Z https://www.oedigital.com/news/478922-oil-drops-but-still-set-for-biggest-monthly-gain-in-years