Feb 2 (Reuters) - Norway's Equinor said on Monday it has agreed to sell its onshore business in Argentina's Vaca Muerta basin to Vista Energy for $1.1 billion, half paid in cash and the other half in the form of Vista shares and future payments linked to output and oil prices. "The consideration includes contingent... Continue Reading →
US federal court says Energy Dept climate group violated law
Jan 30 (Reuters) - A U.S. federal court on Friday ruled the Department of Energy violated the law when it formed a climate science advisory group, potentially putting its forthcoming final proposal to repeal a key climate regulation at risk. The U.S. District Court for the District of Massachusetts issued a judgment that said the... Continue Reading →
Exxon, Chevron see glimmer of Venezuela’s potential, but with long road ahead
Jan 30 (Reuters) - U.S. oil majors Exxon Mobil and Chevron offered investors a few pieces of new insight into their thinking about Venezuela on Friday, even though neither company announced long-term investment commitments despite President Donald Trump's continued push to convince American oil firms to rebuild the South American country's energy sector. Exxon CEO Darren Woods plugged... Continue Reading →