BP achieves first oil at Argos platform in US Gulf
BP has commenced oil production from its Argos offshore platform in the US Gulf of Mexico, part of the...
BP has commenced oil production from its Argos offshore platform in the US Gulf of Mexico, part of the Mad Dog 2 field, marking the company's first expansion in the region since 2008. With the ability to produce 140,000 barrels per day, the new platform increases BP's US Gulf production capacity by about 20%.
Midwest CO2 pipeline projects advance despite opposition
Undeterred by opposition from some landowners, politicians and environmental groups, Summit Carbon Solutions,...
Undeterred by opposition from some landowners, politicians and environmental groups, Summit Carbon Solutions, Navigator CO2 Ventures and Wolf Carbon Solutions US are pressing ahead with plans to build a vast network of carbon dioxide pipelines in the Midwest. Despite concerns and heated debates about the use of eminent domain and underground CO2 injection, legislative attempts to regulate or block these projects have so far failed to gain traction, leaving the companies with a clear path to pursue their goals.
Dow trades flat as investors assess first-quarter earnings, retail sales data
US stock futures near even, early Friday, as investors...
US stock futures near even, early Friday, as investors wait for big banks to kick off earnings season and shed some light on the economic outlook. Here are the latest market moves.
Big bank earnings: Citigroup, JPMorgan, Wells Fargo, and BlackRock, all reporting.
The energy sector is off to a mixed to higher start, supported by mild...
The energy sector is off to a mixed to higher start, supported by mild strength in the crude complex while the major equity futures trade is near the flatline. Futures tied to the S&P 500 and the Dow pared losses as resilient earnings from big U.S. banks helped assuage fears of further stress in the sector after the failure of two mid-sized lenders last month sparked concerns about a potential recession.
WTI and Brent crude oil futures edged higher after the West's energy watchdog said it expected global demand to rise to a record high this year on the back of a recovery in Chinese consumption. The International Energy Agency also warned that output cuts announced by OPEC+ producers could exacerbate an oil supply deficit and hurt consumers.
Natural gas futures are down in early trading as the NOAA's 6-10 day outlook shows below-normal temps for much of the western US, extending across the Northern Plains into parts of the western Great Lakes
Exxon Mobil CEO Darren Woods took home 52% more pay last year when oil prices surged and the company...
Exxon Mobil CEO Darren Woods took home 52% more pay last year when oil prices surged and the company posted record annual profits.
An explosion at a Texas dairy farm killed an estimated 18,000 cattle earlier this week. That would be “by far” the deadliest barn fire involving cattle since record-keeping began in 2013, the Animal Welfare Institute said.
The WTA will resume holding tournaments in China, ending its boycott that was sparked by concerns over the well-being of Chinese player Peng Shuai.
Premier League teams agreed to ban gambling companies from sponsoring the front of their shirts on match days by the end of the 2025–2026 season.