Pioneer Natural CEO calls on investors to divest in companies with high flaring

HOUSTON (Reuters) – The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates... Read more »

Iowa’s anger over Trump’s ethanol policy gives Democrats opening

NEW YORK (Reuters) – In a speech last month to farmers in Texas, President Donald Trump won applause as he talked up recent U.S. trade agreements. When he tried... Read more »

Oilfield service firms have a bearish outlook for 2020: Dallas Fed

FILE PHOTO: An oil pump at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. REUTERS/Ernest Scheyder (Reuters) – With their business outlook worsening, about... Read more »

Phillips 66 says boiler plant fire extinguished at Los Angeles, California refinery

FILE PHOTO: The Phillips 66 gas station in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking (Reuters) – U.S. oil refiner Phillips 66 said a small fire at a... Read more »

Phillips 66 reports fire in Boiler plant area at Wilmington, California refinery

FILE PHOTO: The Phillips 66 gas station in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking (Reuters) – Phillips 66 reported a fire was extinguished in the area of... Read more »

Oil vs Corn: U.S. lawmakers set hearing on fractious biofuels policy

(Reuters) – The U.S. oil and corn industries will continue a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use... Read more »

Oil vs Corn: U.S. lawmakers set hearing on fractious biofuels policy

(Reuters) – The U.S. oil and corn industries will continue a long-running public battle over America’s biofuels policy on Tuesday during a Congressional hearing about the Trump administration’s use... Read more »

EXPLAINER-Disruptions in the global shipping industry

Oct 7 (Reuters) – Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.... Read more »

Occidental tentatively books oil supertanker for record $13.25 million to Asia

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid... Read more »

Global spare oil capacity in U.S. hands after Saudi outage

LONDON (Reuters) – An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country’s production capacity, making the United States the only real holder... Read more »