Oil Drops on Stockpile Rise
US crude inventories rose sharply, pushing WTI under $63 a barrel.
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Chevron Phillips Chemical Co Cuts 130 Jobs
Major energy companies are reducing headcount to curb costs as weak commodity prices and lackluster demand growth hurt profits.
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US Threatens IMO Members as Climate Rules Set for Adoption
'Our fellow IMO members should be on notice that we will look for their support against this action and not hesitate to retaliate or explore remedies for our citizens should this endeavor fail'.
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Natural Gas 'Sold Off Sharply' on Tuesday
The September natural gas contract 'sold off sharply yesterday as Monday's initial show of support collapsed', Eli Rubin, an energy analyst at EBW Analytics Group, said.
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Murphy Oil Earnings Dip
Murphy Oil reported a dip in net earnings for the second quarter and the first half of the year, despite production outperforming the higher end of guidance.
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Union Says 200+ Repsol Workers Back Enhanced Pay Offer
'The pay deal successfully negotiated by Unite is worth 8.5 percent over two years', Unite said.
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XRG Extends Diligence Period for Planned Takeover of Santos
'There remains strong alignment between both parties on the strategic rationale for the potential transaction'.
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Fluor Plans to Appeal Ruling in Santos Row over Gladstone LNG Costs
'Fluor maintains the contracting principles addressed by the court have wide-sweeping consequences in the engineering and construction industry'.
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ADNOC Gas Achieves Record Profit
ADNOC Gas reported $1.39 billion in net income for Q2, rising 16 percent compared to the same three-month period last year and setting a quarterly record for the company.