THE WOODLANDS, Texas/NEW YORK Two Fed policymakers on Thursday signaled they are open to delivering another rate cut after a report showed the growth in the vast U.S. services sector is slowing, but the Fed's No. 2, speaking late in the day, gave little away on his own thinking.
MIDLAND, Texas U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in the world's biggest shale field.
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.
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.
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.
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.
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.
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.
HOUSTON Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion (£31.3 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.
Hong Kong leader Carrie Lam apologised on Monday to the city's Muslim community after police hit a major mosque with water canon as they battled thousands of pro-democracy protesters overnight in the Asian financial hub.