FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat
The Federal Trade Commission alleges that former Pioneer Natural Resources CEO Scott Sheffield held private conversations with OPEC officials assuring them the company would keep oil output low. Sheffield was barred from serving on the Exxon board after the deal closes,
Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...
OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...
Shares of energy companies were more or less flat as Israel and Hamas negotiated a ceasefire deal in Gaza. Israel sent tanks into Rafah and took control ...
A U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting ...
My estimates for future tight oil growth are about 100 kb/d lower in 2024 and 2025 than OPEC estimates.
OPEC has repeatedly argued that forecasts that predict a rapid end to the era of oil are not grounded in reality and that ...
Asia's imports of crude oil slipped slightly in April from March, as increased arrivals in China failed to offset lower ...
The United Arab Emirates’s main oil company said it had bolstered its production capacity, a month before the country meets ...
The Department of Finance (DOF) said Tuesday it obtained a commitment from the OPEC Fund for International Development (OPEC Fund) for technical assistance to address right-of-way (ROW) acquisition ...
In a report sent to Rigzone late last week, analysts at J.P. Morgan said they now expect the OPEC alliance will likely keep production targets unchanged when ministers meet on June 1.
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