More U.S. rig efficiency seen favoring oil service giants
(Reuters) - New data on U.S. onshore oil and gas wells on Friday underlined a trend in which oilfield services companies that perform a variety of work at drilling sites...
All Stories
Analysis: Forget rigs, it’s wells that count now in oil services
(Reuters) - A combination of oil and gas innovations and well-site cost cuts is rendering the long-vaunted U.S. rig count a less important oilfield indicator than the number of holes...
Analysis: CB&I has early-bird edge as U.S. approves liquefied natural gas export plants
(Reuters) - Engineering companies like Chicago Bridge & Iron and their shareholders are salivating at the prospect of more U.S. natural gas exports as regulators begin to sign off on...
Occidental shareholders vote out long-time chairman Irani
SANTA MONICA, California (Reuters) - Occidental Petroleum Corp shareholders voted to oust Executive Chairman Ray Irani after more than two decades of leading the fourth-largest U.S. oil company, in a...
Chevron profit pinched by cheaper oil, but beats estimates
(Reuters) - Lower oil prices bit into Chevron Corp's quarterly profit as did refinery downtime and higher operating costs in its home market, but the oil company's shares rose as...
U.S. board faults California safety regulations in Chevron blaze
RICHMOND, California (Reuters) - The federal agency investigating the fire that broke out in August at Chevron Corp's oil refinery in Richmond, California, faulted the state's regulatory system for not...
Judge rejects Chevron subpoena of advocacy group in Ecuador case
SAN FRANCISCO (Reuters) - A U.S. judge has rejected efforts by Chevron Corp to secure documents from a California environmental advocacy group in a fraud case related to a $19...
Solar plane to set out to cross U.S. in early May
MOUNTAIN VIEW, California (Reuters) - The first crossing of the United States by a solar-powered plane is expected to start in just over a month, its creators said on Thursday,...
U.S. Gulf Coast oil spillers about to face day in court
(Reuters) - Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and...
State claims a wild card in BP civil deal on Macondo oil spill
(Reuters) - It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over...