Edition:
United Kingdom

Jennifer Hiller

Supreme Court ruling on Oklahoma tribal land raises questions for oil industry

11 Jul 2020

HOUSTON A U.S. Supreme Court decision recognizing about half of Oklahoma as Native American reservation land has implications for oil and gas development in the state, raising complex regulatory and tax questions that could take years to settle, according to Oklahoma attorneys.

State of Wyoming to bid on Occidental Petroleum's land, minerals properties

07 Jul 2020

HOUSTON The state of Wyoming will bid on a package of land and minerals in Wyoming and Colorado owned by troubled Occidental Petroleum Corp, public officials agreed on Monday.

UPDATE 2-State of Wyoming to bid on Occidental Petroleum's land, minerals properties

07 Jul 2020

HOUSTON, July 6 The state of Wyoming will bid on a package of land and minerals in Wyoming and Colorado owned by troubled Occidental Petroleum Corp, public officials agreed on Monday.

Exxon signals second quarterly loss in a row on production, refining hits

02 Jul 2020

HOUSTON Exxon Mobil Corp's oil and gas producing and refining businesses will report operating losses in the second quarter, it said in a regulatory filing on Thursday, setting the stage for the company to post another quarterly loss this year. | Video

Chesapeake asks to cancel pipeline contracts, sets drilling cuts

29 Jun 2020

HOUSTON Chesapeake Energy Corp on Monday sought bankruptcy court approval to cancel $311 million in pipeline contracts, setting up a battle with U.S. regulators and operators including Energy Transfer LP, according to court filings.

Oil firms slam brakes on return-to-work as virus cases soar

26 Jun 2020

HOUSTON U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients.

UPDATE 1-Oil firms slam brakes on return-to-work as virus cases soar

26 Jun 2020

HOUSTON, June 24 U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients.

Occidental signals writedown of up to $9 billion on bleak oil price outlook

25 Jun 2020

HOUSTON Occidental Petroleum Corp will write down the value of its oil and gas properties by up to $9 billion this quarter and restructure some debts to avoid a possible default, the company said on Thursday.

CORRECTED-UPDATE 3-Occidental signals writedown of up to $9 bln on bleak oil price outlook

25 Jun 2020

HOUSTON, June 25 Occidental Petroleum Corp will write down the value of its oil and gas properties by up to $9 billion this quarter and restructure some debts to avoid a possible default, the company said on Thursday.

RPT-Oil firms slam brakes on return-to-work as virus cases soar

25 Jun 2020

HOUSTON, June 24 U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients.

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