Archives for 2017
Occidental Petroleum picks Cedric Burgher, an EOG veep, as new CFO
Houston-based Occidental Petroleum Corp. has tapped EOG Resources senior vice president Cedric W. Burgher as its new chief financial officer. Burgher led investor relations and reported directly to the chief executive at EOG. He replaces...
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Crude inventories dive again
Crude oil inventories again fell significantly, draining U.S. stockpiles by more than 10 million barrels over the past two weeks, the Energy Department reported Wednesday. RELATED: The nation’s crude oil glut continues to shrink Commercial crude...
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EIA’s monthly U.S. oil estimate lags weekly data
Oil production in the United States has climbed by 318,000 barrels a day since OPEC began cutting its output this year, new monthly data show. But it may not be coming in as fast as...
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Houston still world’s energy capital, BP exec says
Despite the crash in oil prices and the loss of thousands of jobs, Houston remains the world’s energy capital, BP’s number two executive said on Wednesday. Lamar McKay, speaking at the Greater Houston Partnership’s fourth...
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Exxon investors vote for report on climate impact to reserves
DALLAS — Exxon Mobil investors passed a resolution on Wednesday asking the company to publish an annual report on the impact of climate change policies on the value of its sprawling oil and gas...
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