Edition:
India

Arathy S Nair

U.S. oil producers on pace for most bankruptcies since last oil downturn

02 Oct 2020

NEW YORK Oasis Petroleum Inc and Lonestar Resources US Inc's bankruptcy filings are the latest in a slew of restructurings that put oil-and-gas producers on track for their biggest year of bankruptcies since the 2016 shale downturn.

U.S. pipeline companies hit by weak demand offer enticements to keep shippers

30 Sep 2020

NEW YORK U.S. pipeline companies are sweetening terms in a competition to keep producers using their lines as the industry downturn caused by the coronavirus pandemic means there is less oil to transport.

RPT-EXCLUSIVE-EQT bids for Chevron U.S. shale-gas assets in Appalachia - sources

17 Sep 2020

Sept 16 EQT Corp, the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.

Exclusive: EQT bids for Chevron U.S. shale-gas assets in Appalachia - sources

17 Sep 2020

EQT Corp, the largest U.S. natural gas producer by volume, has placed a bid on Chevron Corp's Appalachia gas properties and a pipeline stake, people familiar with the matter said.

Schlumberger sells fracking unit as oil price cripples demand

02 Sep 2020

Oilfield services firm Schlumberger agreed to sell its North American shale fracking business to rival Liberty Oilfield Services , unloading a unit that underperformed during the shale bust.

U.S. shale producers' Pioneer Natural, Parsley prepare job cuts

25 Aug 2020

Two U.S. shale oil producers, Pioneer Natural Resources Co and Parsley Energy Inc, are planning to trim staff in coming days, people familiar with the matter said on Monday, after each posted large second-quarter losses.

U.S. shale producers' Pioneer Natural, Parsley prepare job cuts

25 Aug 2020

Aug 24 Two U.S. shale oil producers, Pioneer Natural Resources Co and Parsley Energy Inc, are planning to trim staff in coming days, people familiar with the matter said on Monday, after each posted large second-quarter losses.

United States Oil Fund faces possible SEC action: filing

19 Aug 2020

The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due to statements made after oil prices plunged into negative territory in April.

UPDATE 1-United States Oil Fund faces possible SEC action -filing

19 Aug 2020

Aug 19 The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due to statements made after oil prices plunged into negative territory in April.

Phillips 66 to reconfigure California refinery for renewable fuels

13 Aug 2020

(This Aug 12 story corrects the location of the Santa Maria refining facility.)

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