Global energy giant ExxonMobil is preparing to a tap a new gas field in Bass Strait within weeks as it seeks to recover from a bruising year and sees bright
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Oil drops as investors gauge big chill impact on US refineries, OPEC+ output rise
Fox Business Flash top headlines for February 18 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Oil prices slid by up to 2% in early trade
Continue reading »Exxon Mobil, Aramco Texas oil refineries temporarily shut down for unexpected mid-winter freeze
Texas seeing coldest weather in at least three decades Extreme cold weather is bringing arctic air as far south as the Gulf of Mexico. Fox News senior meteorologist Janice Dean
Continue reading »Shares, oil prices higher, but dollar lower on Monday, report says
Fox Business Flash top headlines for November 6 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. SYDNEY - Shares surged, oil prices jumped and the dollar
Continue reading »Exxon is set to announce an overhaul of its US workforce Thursday morning. Job cuts are likely.
Exxon Mobil has finished a review of its US operations and it's announcing the results Thursday morning, according to an email obtained by Business Insider. The plans are expected to
Continue reading »Oil prices rise as workers evacuate oil rigs in Gulf as Hurricane Delta approaches
Hurricane Delta to make landfall on Gulf Coast by Friday evening Fox News meteorologist Rick Reichmuth maps the storm’s trajectory on ‘Your World.’ MELBOURNE - Oil prices rose on Thursday as
Continue reading »Oil has taken the hardest hit from Trump’s positive COVID-19 test, but the market was already looking fragile
Shutterstock Oil fell as much as 5% on Friday after Presidnet Donald Trump said he had tested positive for COVID-19. That decline far outpaced other asset classes. Trump’s test has
Continue reading »Ampol’s oil refinery sinks to loss as virus drains fuel demand
Australian fuel supplier Ampol has detailed the severity of COVID-19's impact on its operations as travel restrictions wipe out demand and send its oil refinery sinking to a loss of
Continue reading »Shell to cut £18bn from value of assets amid coronavirus crisis
Shell has warned it will slash up to $22bn (£18bn) from the value of its oil and gas assets as it counts the cost of falling energy prices during the
Continue reading »Trump administration cuts oil, gas fees in hundreds of cases
Trump ‘in favor of justice,’ not chaos: Former Cincinnati Mayor Ken Blackwell Former Cincinnati Mayor and former Ohio Secretary of State Ken Blackwell argues President Trump is leading the country
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