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United Kingdom

Jennifer Hiller

Fed policymakers 'open' to rate cut as risks to outlook rise

04 Oct 2019

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.

Chevron's shale allies are its secret weapon in Exxon race

03 Oct 2019

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.

U.S. shale producers boost oil hedging after Saudi attack: sources

20 Sep 2019

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.

U.S. shale producers boost oil hedging after Saudi attack -sources

20 Sep 2019

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.

U.S. shale seen unlikely to quickly replace barrels lost in attack on Saudi facilities

16 Sep 2019

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.

U.S. shale seen unlikely to quickly replace barrels lost in attack on Saudi facilities

15 Sep 2019

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.

U.S. shale firms cut budgets, staff as oil-price outlook dims

06 Sep 2019

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.

Texas shale towns grapple with growth as oil-bust fears fade

21 Aug 2019

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.

Anadarko shareholders go for the cash in $38 billion Occidental buyout

08 Aug 2019

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.

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