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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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EU signs off on Baker Hughes merger with GE Oil & Gas
The European Union’s regulatory body signed off Wednesday on the merger of Houston’s Baker Hughes with General Electric’s oil and gas division. The European Commission’s consent sets the table for the roughly $32 billion deal...
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Exxon Mobil to clash with climate activists, investors at annual gathering
DALLAS – Exxon Mobil will clash with activist investors again on Wednesday at its annual meeting in downtown Dallas, where shareholders will weigh nine proposals related to the company’s impact on climate change, methane emissions,...
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