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 »

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 »

Top U.S. fund firms split over new limits on shareholder votes

BOSTON (Reuters) – Pending U.S. securities rules that would limit shareholder proposals have divided passive and active U.S. fund firms as some take a harder line on issues like... Read more »

Eastern Libyan protesters close Zueitina oil port

BENGHAZI, Libya (Reuters) – Eastern Libyan forces closed down major oil ports, a spokesman for an oil protection force allied to eastern-based commander Khalifa Haftar said on Friday, escalating... 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 »

Saudi Aramco tops Crown Prince’s $2 trillion goal on share surge

RIYADH/DUBAI (Reuters) – Saudi Aramco (2222.SE) hit the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares clocked up a second... Read more »

Chevron expects $10 billion-$11 billion charge in fourth quarter; plans asset sales

(Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday said it expects to write down the value of its assets $10 billion to $11 billion this quarter and... Read more »

Exxon Mobil scores win in New York climate change lawsuit

NEW YORK (Reuters) – Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out... Read more »