Oil prices boosted as traders await OPEC+ decision on production cuts
Oil futures rise Tuesday, with traders penciling in an extension of OPEC+ production cuts beyond June 30.
Marathon Oil Stock Climbs on Report It Could Be Bought by ConocoPhillips
ConocoPhillips is in advanced talks to buy Marathon Oil, the Financial Times reports.
Hess Shareholders Give Approval to $53 Billion Merger With Chevron
Investors' green light cleared one hurdle for the tie-up to happen but a challenge by Exxon makes the final outcome uncertain.
Storms Again Strike Texas, Leaving Hundreds of Thousands Without Power
Strong winds, rain and hail hit the state, following a spate of deadly weather events in May.
Saudi Arabia to Raise $10 Billion to $20 Billion in Fresh Aramco Stock Sale
The long-awaited offering, if it proceeds, would alleviate near-term pressure on the kingdom to raise funds.
Ex-Pioneer CEO Says FTC Used Him as 'Scapegoat' in Exxon Deal
Scott Sheffield says the antitrust enforcer smeared him with collusion allegations when it blocked him from Exxon's board.
Energy Capital Partners Raises $6.7 Billion to Pursue Power Companies
The energy-infrastructure investor has wrapped up its fifth flagship fund and parallel co-investment vehicles.
An Oil-Patch Brawl Over a $53 Billion Megadeal Entwines the Legacies of Three CEOs
The leaders of Exxon Mobil, Chevron and Hess are duking it out over a generational oil discovery in Guyana.
Inside the Rockefeller Clan's Intensifying Feud With Exxon
They have suffered reversals in their efforts to hold the energy giant to account for climate change, but the family that owes its fortune to oil isn't backing down.
Norway's Oil Fund to Vote Against Exxon Mobil Amid Shareholder Rights Concern
Norges Bank Investment Management has joined a growing list of shareholders to air their concerns over a lawsuit filed by Exxon Mobil against two sustainability investor groups.
(END) Dow Jones Newswires
05-29-24 0715ET
