Whiting Petroleum Corp , an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum Corp , two people familiar with the matter told Reuters.
Oct 14 Whiting Petroleum Corp, an oil
and gas producer with operations in North Dakota and Colorado,
is in deal talks with San Antonio-based Abraxas Petroleum Corp
, two people familiar with the matter told Reuters.
NEW YORK Oil prices rose on Thursday, buoyed by comments by the head of OPEC that the organization could take action to balance oil markets and will decide in December on supply for next year.
NEW YORK U.S. crude futures were slightly lower on Thursday, drawing some support from the stock market after earlier touching nearly two-month lows on weak economic data.
(This September 23 story corrects to change title for Matthew Stevenson from CEO to VP Finance at Inventys.)
Elliott Management Corp on Wednesday urged Marathon Petroleum Corp to split into three companies, saying it would boost shareholder value by as much as $40 billion, three years after the activist hedge fund asked the refiner to consider spinning off businesses.
NEW YORK Colombia's state-run oil company Ecopetrol will be ready to start fracking pilot projects in the second half of 2020, chief executive Felipe Bayon said on Wednesday, as oil companies await federal regulatory guidelines for the projects.
NEW YORK, Sept 23 A group of 13 major oil
companies charted out a plan on Monday to promote investments in
carbon capture, use and storage (CCUS), ahead of a gathering in
NEW YORK/SINGAPORE The oil markets were in turmoil on Monday after the weekend's attack on Saudi facilities, as refiners in top consumer Asia looked for alternative supplies, U.S. crude producers ramped up efforts to export crude and Saudi Arabia tried to secure refined products.