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Sheffield, Pioneer's founder and a high-profile figure in the shale industry, has been barred from joining Exxon's board, according to the agreement reached between the companies and the FTC.
Oil posted its biggest weekly decline since February on signs of easing geopolitical risks in the Middle East, while traders continued to weigh the outlook for interest-rate cuts.
The transaction will combine AIQ's breakthrough AI energy solutions with Presight's cross-sector big data analytics, product development, and international market access.
The world's most important oil price is working better than ever thanks to an infusion of crude from west Texas.
May and June are critical for oil fundamentals, analysts at Standard Chartered Bank said.
A group of HSBC Holdings Plc investors wants the bank to set a funding target for renewable energy.
Oil settled little changed after swinging in a narrow range throughout the session, with a buildup in US stockpiles and a potential cease-fire in the Middle East suppressing a rebound from yesterday's...
'This final rulemaking is the opposite of what is needed to create a durable and predictable permitting review process to unleash energy investment in America,' the API said.
OPEC+ is expected to prolong oil output cuts into the second half of the year.
'We see Far West Texas power demand more than doubling by 2040 due to electrification trends and cryptocurrency mining growth,' EIR warned.
Oil extended its recent skid as US crude inventories swelled to the highest since June the Federal Reserve signaled fresh concerns about inflation.
Saudi Aramco's artificial intelligence innovation dominance places the company ahead of the curve, according to GlobalData.
Dryad Global highlights the current situation of the crew of the MSC Aries and the Galaxy Leader, which were both seized over the last few months.
It's the highest ever financial penalty the NSTA has handed out.
Some Exxon Mobil Corp. trading staff protested outside the oil giant's Brussels office Tuesday.
Oil slid near its lowest price in a month as the potential for a cease-fire in the Middle East eased geopolitical tensions.
Exxon began arbitration proceedings in March.
Oil markets are increasingly gazing towards the OPEC+ meeting in June, SEB's Chief Commodities Analyst said.
'Trading in the company's shares will be temporarily suspended from 7.30 am on May 1, 2024'.
Oil fell as signs of progress toward a cease-fire between Israel and Hamas reduced crude's geopolitical risk premium.
You can choose to embrace it or ignore it. You can choose to pretend it does not apply to you. But the one thing you likely will not be able to do is work as a pipeline inspector without it after 2018. What is it you ask? It is the American Petroleum Institute Pipeline Inspector Certification; better known as the API 1169. Possibly a thorn in the side for many inspectors but for the industry it is a sure step forward in the right direction; joining the other sectors of oil & gas.
Questions surround the API 1169 exam requirements, purpose, and what individuals need to do in order to properly prepare for the certification that will likely keep them employed in their careers. Training options have been multiplying as the popularity of the API 1169 has hit the mainstream. Inspectors should perform their research and due diligence to adequately make an informed choice when it comes to the training course they attend.