Big Oil Companies Lose Billions, Prepare for Prolonged Pandemic

This post was originally published on this siteBig oil companies endured one of their worst second quarters ever and are positioning themselves for prolonged pain as the coronavirus pandemic

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Chevron Plans Cuts to Capital Budget

This post was originally published on this siteChevron Corp. is cutting $4 billion from its capital budget as it confronts plummeting petroleum demand and an oil-price rout, the latest major

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US Targets Venezuela’s Maduro Regime With Fresh Charges, Sanctions

This post was originally published on this siteThe U.S. quietly unsealed criminal cases against two former officials at Venezuela’s state oil monopoly this month as part of what American

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Exxon’s Growth Gambit Failing to Yield Higher Profits

This post was originally published on this siteExxon Mobil Corp. is still struggling to bolster its bottom line, nearly two years into a plan to substantially boost oil and gas production by

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Schlumberger to Pare US Operations — WSJ

This post was originally published on this siteThis article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall

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Schlumberger Plans US Pullback as Shale Oil Drillers Struggle

This post was originally published on this siteThe world’s largest oil-field services company, Schlumberger Ltd., is pulling back from the U.S. and focusing on international projects as a

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Continental Resources Names New CEO, Appoints Harold Hamm as Executive Chairman

This post was originally published on this siteBillionaire shale drilling pioneer Harold Hamm is retiring as chief executive of the oil-and-gas company he founded, Continental Resources Inc. Mr.

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