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Jennifer Hiller

U.S. shale producers boost oil hedging after Saudi attack: sources

20 Sep 2019

NEW YORK/HOUSTON U.S. shale producers pounced on the chance to lock in future revenue for this year and next after oil prices surged by the most in 30 years early this week following attacks on Saudi Arabia's oil facilities, sources familiar with the money flows said.

U.S. shale producers boost oil hedging after Saudi attack -sources

20 Sep 2019

NEW YORK/HOUSTON Sept 20 U.S. shale producers pounced on the chance to lock in future revenue for this year and next after oil prices surged by the most in 30 years early this week following attacks on Saudi Arabia's oil facilities, sources familiar with the money flows said.

U.S. shale seen unlikely to quickly replace barrels lost in attack on Saudi facilities

16 Sep 2019

HOUSTON U.S. shale producers have added millions of barrels to global crude supply in recent years, but that does not mean they can quickly replace barrels lost from weekend attacks on Saudi Aramco facilities, energy experts said on Sunday.

U.S. shale seen unlikely to quickly replace barrels lost in attack on Saudi facilities

16 Sep 2019

HOUSTON, Sept 15 U.S. shale producers have added millions of barrels to global crude supply in recent years, but that does not mean they can quickly replace barrels lost from weekend attacks on Saudi Aramco facilities, energy experts said on Sunday.

U.S. shale firms cut budgets, staff as oil-price outlook dims

06 Sep 2019

ODESSA, Texas Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts that oil and gas prices will stay low for several years.

Texas shale towns grapple with growth as oil-bust fears fade

21 Aug 2019

ODESSA, TEXAS In west Texas, the center of the U.S. oil boom, about 3,800 students at Permian High School are crammed into a campus designed for 2,500, with 20 portable buildings to help with the overflow.

Anadarko shareholders go for the cash in $38 billion Occidental buyout

09 Aug 2019

HOUSTON Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp , ending a short-lived contest that pitted two of the most storied names in the oil industry against one another.

Exxon Mobil profit sinks, Chevron rises as both boost output

03 Aug 2019

HOUSTON Weaker second-quarter refining and chemicals profits offset surging U.S. shale production at U.S. oil majors Exxon Mobil Corp and Chevron Corp , the two reported on Friday.

Exxon Mobil profit sinks on weakness in chemicals, refining

03 Aug 2019

HOUSTON Exxon Mobil Corp on Friday reported a 21% drop in quarterly profit, its third period in a row of weaker year-over-year results, as sharply higher oil production was offset by weaker refining and chemicals business.

UPDATE 6-Exxon Mobil profit sinks on weakness in chemicals, refining

02 Aug 2019

HOUSTON, Aug 2 Exxon Mobil Corp on Friday reported a 21% drop in quarterly profit, its third period in a row of weaker year-over-year results, as sharply higher oil production was offset by weaker refining and chemicals business.

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