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.
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.
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.
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 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 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.
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.
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.
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.
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.
Prosecutors have asked a judge to schedule a Friday court appearance in New York for Ghislaine Maxwell, the former girlfriend and longtime associate of the late disgraced financier Jeffrey Epstein.