Edition:
United Kingdom

Arathy S Nair

Near-record oil stockpiles at U.S. Gulf Coast pressure prices of domestic grades

02 Jul 2020

Near-record crude stockpiles at the U.S. Gulf Coast will anchor prices of domestic oil grades through the end of this year and into next, traders and analysts said.

Near-record oil stockpiles at U.S. Gulf Coast pressure prices of domestic grades

02 Jul 2020

July 2 Near-record crude stockpiles at the U.S. Gulf Coast will anchor prices of domestic oil grades through the end of this year and into next, traders and analysts said.

UPDATE 1-California Resources pays interest on 2024 bond a month late - sources

24 Jun 2020

June 24 U.S. oil and gas producer California Resources Corp last week paid interest due on an unsecured 2024 bond, about a month late, two people familiar with the matter said on Wednesday.

California Resources pays interest on 2024 bond a month late - sources

24 Jun 2020

June 24 U.S. oil and gas producer California Resources Corp last week paid interest due on an unsecured 2024 bond, about a month late, two people familiar with the matter said on Wednesday.

Kayne Anderson to consolidate energy PE teams, Chuck Yates to leave - source

21 May 2020

Kayne Anderson Capital Advisors will consolidate its two energy private equity (PE) teams and one of the managing partners, Chuck Yates, will exit the firm, a source familiar with the matter told Reuters.

Cheniere slashes outlook for LNG investment amid pandemic

30 Apr 2020

Cheniere Energy Inc , the largest U.S. liquefied natural gas (LNG) company, said it expects investment in new projects worldwide to slump this year and next as the industry grapples with the coronavirus-led economic slump that has sliced 30% off worldwide fuel demand.

Coming U.S. shale results will test extent of oil hedges, output cuts

28 Apr 2020

As low crude oil prices leave U.S. producers struggling to eke out profits, investors will focus on production hedges and cost-cuts to determine winners from losers as first quarter earnings roll out in coming days.

DuPont doubles output of protective gowns to 30 million per month

24 Apr 2020

Industrial materials maker DuPont is doubling production of protective garments it makes from its Tyvek material to about 30 million a month to help meet increased demand due to the coronavirus outbreak.

DuPont sees quarterly profit above expectations on coronavirus-led demand

20 Apr 2020

Industrial materials maker DuPont on Monday estimated first-quarter profit above Wall Street's expectations, as the coronavirus outbreak lifted demand for its products used in personal protection and water filtration.

Half of announced North American oil cuts come from just three companies

17 Apr 2020

Numerous U.S. and Canadian oil companies have said they are reducing output in 2020, but a Reuters analysis of the announcements so far show that just three companies - Chevron Corp , ConocoPhillips and Occidental Petroleum Corp - account for more than half of the cuts.

World News