News
Oil rebounds from two-month low
Oil rebounded after closing at the lowest level in two months as world equity markets rose and U.S. data showed crude stockpiles slid. Futures rose as much as 2.3 percent in New York, extending earlier...
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ConocoPhillips to sell share of Senegal offshore blocks
ConocoPhillips plans to sell its 35 percent stake in three exploration blocks off the coast of Senegal, including in the SNE and FAN discoveries. The agreement, which is through subsidiaries of ConocoPhillips and Australia’s Woodside...
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Exxon Mobil property tax dispute sparks new court action
Exxon Mobil may have to release documents related to the costs of the property where it built its sprawling new campus. The Harris County Appraisal District asked a state district judge last week to order...
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House Republicans subpoena documents from N.Y., Mass. in Exxon climate change probe
WASHINGTON – House Republicans led by Rep. Lamar Smith of Texas issued subpoenas Wednesday to New York and Massachusetts attorneys general over the ongoing probe into whether Exxon Mobil lied to the public and its...
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Report: Cost cuts have helped Texas shale drillers find profits
HOUSTON – The relentless cost-cutting that dissolved a third of the Texas petroleum workforce over the past two years has brought the cost of pumping shale oil in the state down to $41 a barrel,...
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