Eight men in frame to run Norway wealth fund, including deputy CEO

OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer... Read more »

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 »

Exxon, Chevron results augur tough year ahead, shares drop 3.5%

HOUSTON (Reuters) – Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S.... Read more »

Valaris settles with Luminus, hands board seat to hedge fund

BOSTON (Reuters) – Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund’s partners to... 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 »

U.S. Supreme Court leans toward BP unit in Montana Superfund case

WASHINGTON (Reuters) – U.S. Supreme Court justices on Tuesday appeared inclined to shield a unit of British oil major BP Plc from claims seeking a more extensive cleanup of... Read more »

In seismic shift, Britain orders immediate moratorium on fracking

LONDON (Reuters) – Britain will impose an immediate moratorium on fracking, the government announced on Saturday, saying the controversial gas extraction technique risked causing too much disruption to local... Read more »

Canadian E.Coast LNG export plans progress with Pieridae’s Shell deal

LONDON (Reuters) – Pieridae Energy (PEA.V) moved closer to building a liquefied natural gas (LNG) export terminal on Canada’s East Coast after taking ownership of fields from Royal Dutch... Read more »

UPDATE 2-Kinder Morgan to have all Elba Island LNG units in service by mid-2020 -CEO

(Adds comments on gas pipeline project) HOUSTON, Oct 16 (Reuters) – Kinder Morgan Inc expects to bring the remaining nine units of its liquefied natural gas (LNG) export facility... Read more »

Hungary’s MOL in talks for Chevron’s $2 bln stake in giant Azeri oilfield – sources

* Chevron’s ACG stake valued at over $2 bln – sources * Exxon continues to seek buyer for its stake in field By Ron Bousso and Dmitry Zhdannikov LONDON,... Read more »